LMT · News · 20261106N

Skynet Contract Bid

LOCKHEED MARTIN CORP · 2026-11-06 · Importance 52 · Surprise 42

Lockheed Martin is proposing to build a military-satellite factory at North East Technology Park in County Durham, United Kingdom, if its UK subsidiary wins a £2 billion contract to operate the Skynet military communications system. The proposed factory is expected to bring 500 skilled jobs to the region. The contract has not been awarded, so the factory and associated jobs remain contingent on the Ministry of Defence decision.