Lockheed Martin opens new $50 million facility in Central Florida

255,000-square-foot facility will be used for research and development

File photo.

ORLANDO, Fla. - Lockheed Martin has opened a new $50 million facility in Central Florida.

Company officials said Wednesday that the new 255,000-square-foot facility will be used for research and development.

Lockheed Martin broke ground on the building last year.

Employees in the building will support engineering, program management and business operations for the company's missiles and fire control division.

The company says 1,000 new jobs have been created to support the new facility and hundreds more are planned over the next three to five years.

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