Lockheed Helps the Private Sector Conserve

January 22, 2008

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Relying on expertise it gained in managing government and military energy programs for over two decades, Lockheed Martin doubled the sales of conservation services to private companies this past year, accounting for three percent of its $39.6 billion in 2006 sales, reports the Denver Post.

The Swiss drug maker Novartis was one of its clients. For its center near Berkeley, Novartis hired Lockheed to install more efficient lighting and modify heating systems so steam and hot water could be recycled. Currently, Lockheed is preparing to provide engineering for solar power plants and take over administrative functions for utilities. Lockheed was recently awarded $27 million in energy-efficiency contracts with Energy Trust of Oregon and PG&E.

Last year, Lockheed was part of a group awarded for its improved environmental efforts and outreach.

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