Lockheed Martin (LMT) - Get Report will keep its Sikorsky helicopter plant in Coatesville, Pennsylvania, open after CEO Marillyn Hewson held a discussion with Donald Trump, who requested the plant remain operating.
"At the request of President Trump, I took another look at our decision to close the Coatesville, PA, facility and have decided to keep it open while we pursue additional work," Hewson said.
"It's a good operation with an excellent workforce," Hewson added. "We look forward to working with the government and PA Congressional delegation to find more work for this facility."
The Philadelphia Inquirer reported in early June that the Sikorsky facility in Coatesville would shut down by the end of 2019, affecting about 465 employees.
The president said in a tweet: "I was just informed by Marillyn Hewson, CEO of Lockheed Martin, of her decision to keep the Sikorsky Helicopter Plant in Coatesville, Pennsylvania, open and humming! We are very proud of Pennsylvania and the people who work there ... Thank you to Lockheed Martin, one of the USA's truly great companies!"