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County grants Lockheed Martin $16.7 millon in tax rebates

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Company adding 850 jobs in expansion at Waterton Canyon plant

By Ramsey Scott

Jefferson County has given initial approval to $16.7 million in tax rebates for Lockheed Martin Space Systems for its plan to add hundreds of high-paying jobs at its Waterton Canyon facility.

Lockheed Martin, the largest private employer in the county, is planning a $336 million expansion at the South Jeffco plant. About 350 positions will transfer, or already have moved, to South Jeffco from other Lockheed Martin facilities, and another 500 new jobs will be created. The Waterton Canyon facility currently has about 4,100 employees.


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