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Lockheed Martin to expand and create 500 new jobs in Orlando, Fl.

Lockheed MartinLockheed Martin, a global security and aerospace company, will be expanding in Orlando, Fl. and creating 500 new jobs.

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READ MORE Lockheed Martin will add up to 300 jobs in Florida

The average wage of the 500 new jobs will be $87,064. The company will also invest more than $50 million in their Orlando facility. Lockheed Martin currently employs over 14,000 Floridians at 73 locations.

Lockheed Martin employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced, technology systems, products and services.

Frank St. John, Lockheed Martin Missiles and Fire Control executive vice president, said, "With this expansion, Lockheed Martin is further solidifying its already robust presence in Florida and supporting our business growth.

"The Research & Development II building underscores our customer commitments to provide the most modern facilities for our talented workforce to produce critical capabilities for the U.S. and allies for years to come."

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