Decision nears on £85 million satellite base

Decision expected on £85 million satellite facility at NETPark

A Government decision on Lockheed Martin's proposed £85 million satellite manufacturing facility at NETPark in Sedgefield is expected before Christmas, according to recent reporting by Bdaily.The proposed development could create 500 jobs and support around 2,000 wider jobs across the North East, manufacturing and testing satellites for UK defence and security operations.Speaking to Bdaily, Chris Spicer, Lockheed Martin Space's Regional Director…

Decision nears on £85 million satellite base

Plans for an £85 million North East satellite factory could be approved in weeks. Bdaily understands a Government decision on Lockheed Martin’s blueprint to create a 500-job site at NETPark, in Sedgefield, County Durham, is expected to be made before Christmas. The firm says the venture – tipped to support about 2000…