AEROSPACE

Lockheed Martin to Cut as Many as 200 Jobs: Lockheed Martin Manned Space Systems, which builds the external fuel tank for the space shuttle, said it will cut the jobs in New Orleans this year. The reductions are the result of a shrinking NASA budget and the movement of a lighter-weight external tank from development to production. As of Jan. 1, 2,565 workers were employed at the Lockheed Martin Corp. facility. About 125 positions will be cut March 1, with the rest of the terminations coming later in the year, the company said. Funding for the external tank program will be cut by $200 million in the next five years, Lockheed Martin said. The reduction is part of a five-year, $5-billion cut to the NASA budget.