{"548281":{"#nid":"548281","#data":{"type":"news","title":"Lockheed Martin Sells Real Estate to Georgia Tech","body":[{"value":"\u003Cp\u003ELockheed Martin\u0026nbsp;and the Georgia Institute of Technology have signed a contract on a real estate deal that includes four buildings and 52 acres on Lockheed Martin\u2019s south campus in Marietta.\u0026nbsp;\u003C\/p\u003E\u003Cp\u003ECollocated with five buildings occupied by the Georgia Tech Research Institute in Cobb County, the additional space for conducting and administering applied research will relieve crowding in Georgia Tech\u2019s rapidly expanding research enterprise.\u003C\/p\u003E\u003Cp\u003E\u201cLockheed Martin and Georgia Tech have worked together in numerous areas over the years,\u201d said Georgia Tech President G.P. \u201cBud\u201d Peterson. \u201cThis is another area in which our collaboration will prove to be mutually beneficial as we both look to serve our nation with our respective capabilities.\u201d\u003C\/p\u003E\u003Cp\u003EThe portion of the Lockheed Martin facility being sold previously housed the offices and operations for the F-22 Raptor program. These facilities were vacated when production of the F-22 ceased in 2013.\u003C\/p\u003E\u003Cp\u003E\u201cThis is a win-win situation as we evolve our business and assist Georgia Tech in expanding their capabilities,\u201d said Karmyn Norwood, Lockheed Martin vice president for line of business integration.\u003C\/p\u003E\u003Cp\u003EThe deal could see as many as 500 jobs located in Cobb County as Georgia Tech uses the facility for research and education.\u003C\/p\u003E\u003Cp\u003E\u201cThis is great news for Cobb County,\u201d said Tim Lee, Cobb County Commission Chairman. \u201cBoth Lockheed Martin and the Georgia Tech Research Institute are great community partners and this purchase strengthens our reputation as a center for research, development and hi-tech jobs.\u201d\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EAbout Lockheed Martin\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003EHeadquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 125,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EAbout Georgia Institute of Technology\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003EConsistently ranked in the U.S. News \u0026amp; World Report\u2019s top 10 public universities in the United States, the Georgia Institute of Technology is creating the next \u2013 the next idea, the next technology, and the next legion of agile minds well equipped to imagine and engineer our future. Georgia Tech provides a focused, technologically based education to 25,000 undergradute and graduate students committed to improving the human condition through advanced science and technology. Undergraduate and graduate degrees are offered in the colleges of Business, Computing, Design, Engineering, Sciences and Liberal Arts.\u003C\/p\u003E\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003ELockheed Martin\u0026nbsp;and the Georgia Institute of Technology have signed a contract on a real estate deal that includes four buildings and 52 acres on Lockheed Martin\u2019s south campus in Marietta.\u0026nbsp;\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"Four buildings on 52 acres going from Lockheed to Georgia Tech in Cobb County real estate deal."}],"uid":"28797","created_gmt":"2016-06-27 08:50:23","changed_gmt":"2016-10-08 03:22:00","author":"Lance Wallace","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2016-06-27T00:00:00-04:00","iso_date":"2016-06-27T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"548371":{"id":"548371","type":"image","title":"Lockheed Martin Building L-22","body":null,"created":"1467316800","gmt_created":"2016-06-30 20:00:00","changed":"1475895343","gmt_changed":"2016-10-08 02:55:43","alt":"Lockheed Martin Building L-22","file":{"fid":"92572","name":"lm_ga_tech_trm001.jpeg","image_path":"\/sites\/default\/files\/images\/lm_ga_tech_trm001.jpeg","image_full_path":"http:\/\/tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/lm_ga_tech_trm001.jpeg","mime":"image\/jpeg","size":813955,"path_740":"http:\/\/tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/lm_ga_tech_trm001.jpeg?itok=530m8JOH"}}},"media_ids":["548371"],"related_links":[{"url":"http:\/\/www.lockheedmartin.com\/","title":"Lockheed Martin"}],"groups":[{"id":"1214","name":"News Room"}],"categories":[{"id":"129","name":"Institute and Campus"},{"id":"131","name":"Economic Development and Policy"},{"id":"147","name":"Military Technology"}],"keywords":[{"id":"2558","name":"Lockheed Martin"},{"id":"170432","name":"property sale"},{"id":"170433","name":"real estate deal"}],"core_research_areas":[{"id":"39481","name":"National Security"}],"news_room_topics":[{"id":"106361","name":"Business and Economic Development"},{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003ELance Wallace\u003C\/p\u003E\u003Cp\u003E\u003Ca href=\u0022mailto:lance.wallace@comm.gatech.edu\u0022\u003Elance.wallace@comm.gatech.edu\u003C\/a\u003E\u003C\/p\u003E","format":"limited_html"}],"email":["lance.wallace@comm.gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}