LOCKHEED/MARTIN GETS $16 b. CHINA MISSILE CONTRACT

Employment expected to mushroom

Seattle (WPI) - Lockheed/Martin, the world’s biggest weapons manufacturer announced on Friday that it was awarded a $16 billion dollar contract to build missiles for China. This is the single largest military contract ever awarded and dwarfs the previous military contract leader, the 8 billion spent developing the Bradley fighting Vehicle by Ford.

“We are delighted at this opportunity,” said Lockheed/Martin Chairman Warren Theusa. “This project will create jobs for thousands of Americans for years to come. It is a very good thing!” He declared to the cheers of hundreds of union workers assembled for the announcement.

Flanking Mr. Theusa was Washington state Lieutenant Governor Brad Owen and Lockheed/Martin’s new Chairman of the Board, Hua Sai Fuk. Mr Fuk was appointed by new corporate owner, Wal-Mart, only last Thursaday.

According to the company’s press release the contract is for, “the design, construction, testing, delivery and installation of 1200 intercontinental ballistic missiles capable of traveling over 20, 000 miles carrying ‘conventional’ warheads.” The contract is expected to run for 10 years and create 1500-2000 new jobs in the Seattle area.