30 January 2014
Lockheed Martin (NYSE: LMT) said it is partnering with the Tennessee Valley Authority (TVA) to administer commercial and industrial energy efficiency programs that will help keep energy costs low for consumers across the Southeast.
Lockheed Martin will supply program management, engineering, and operations services to TVA and local power companies to deliver energy more efficiently.
Local power companies in seven states (Tennessee, Kentucky, North Carolina, Virginia, Georgia, Alabama and Mississippi) deliver these energy efficiency programs to their commercial and industrial consumers. Through a local office in Nashville, Lockheed Martin will administer these programs; the company will also provide energy project tracking expertise to increase TVA´s situational awareness.
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs approximately 115,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Its website is at www.lockheedmartin.com/energysolutions