Printer Friendly

LOCKHEED DONATES $1.5 MILLION IN UNIVERSITY GRANTS AND SCHOLARSHIPS IN 1992

 LOCKHEED DONATES $1.5 MILLION
 IN UNIVERSITY GRANTS AND SCHOLARSHIPS IN 1992
 CALABASAS, Calif., Sept. 2 /PRNewswire/ -- As part of its continuing efforts to develop technical talent by aiding education, Lockheed (NYSE: LK) gave more than $1.5 million in university grants and scholarships this year.
 More than 80 major universities and numerous individuals will benefit in 1992 from Lockheed's direct financial aid, which it contributes through the Lockheed Leadership Fund. The fund has been contributing to education since 1953.
 Among the university recipients this year are the Florida Institute of Technology, Georgia Institute of Technology, Massachusetts Institute of Technology, Purdue, Stanford, University of California at Berkeley, University of Houston and the University of Southern California. The corporation also supports the Hispanic Association of Colleges and Universities, the Society of Women Engineers and the United Negro College Fund. Thirteen colleges with predominantly black enrollment are also supported directly through the fund.
 The fund also supports educational programs and institutions making a contribution to the education of engineers, scientists and managers for the aerospace industry. "We support 12 programs that are specifically designed to train engineers and scientists," said Vance Holley, Lockheed director of equal opportunity programs and vice president-Lockheed Leadership Fund. "Nine of those are target minority programs."
 The fund also sponsors numerous scholarships for children of Lockheed employees, including 25 four-year National Merit Scholarships and four one-year National Achievement Scholarships this year. Since the early 1980s, the corporation also has sponsored the Gen. Hoyt S. Vandenberg and the Clarence L. Johnson scholarships for the U.S. Air Force Academy.
 In addition to the contributions of the Lockheed Leadership Fund, the corporation's workforce also supports education through volunteer activities and other Lockheed-sponsored programs at each operating company.
 Many company plants participate in "Adopt-A-School" programs, assisting nearby secondary schools with monetary contributions and volunteers for activities such as "career day," where professionals tell students what it's like to work in particular fields. Many employees are also part-time teachers at universities near their work locations, and others are active in Junior Achievement, where groups of students take on business projects with the help of business advisers.
 Lockheed, headquartered in Calabasas, is a world leader in defense and space systems technology, designing and producing missiles, electronic systems, satellites and military aircraft, as well as providing a wide range of government and commercial aeronautical, space, environmental and engineering services.
 -0- 9/2/92
 /CONTACT: Scott Hallman of Lockheed, 818-876-2461/
 (LK) CO: Lockheed Corp. ST: California IN: ARO SU:


JB -- LA015 -- 5952 09/02/92 13:17 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 2, 1992
Words:423
Previous Article:LATTICE SEMICONDUCTOR NAMES KOPEC DIRECTOR OF MARKETING
Next Article:MARTIN MARIETTA THRUST REVERSERS SELECTED BY GE
Topics:


Related Articles
AT&T GRANTS $245,000 TO HIGHER EDUCATION IN MICHIGAN; PART OF NEARLY $20 MILLION FOR 90 U.S. COLLEGES AND UNIVERSITIES
AT&T GRANTS $733,000 TO HIGHER EDUCATION IN INDIANA; PART OF NEARLY $20 MILLION FOR 90 U.S. COLLEGES AND UNIVERSITIES
AT&T GRANTS $773,000 TO HIGHER EDUCATION IN BAY AREA; PART OF NEARLY $20 MILLION FOR 90 U.S. COLLEGES AND UNIVERSITIES
Lockheed Martin Grants $3.525 Million To Higher Education.
Lockheed Martin Names Computer and Information Science Lab, Scholarships at Penn.
Wal-Mart Awards $10.9 Million to Education; Teachers Honored and 3,000 Scholarships Awarded.
Lockheed Martin Contributes $1 Million to the United Negro College Fund's Technology Enhancement Capital Campaign.
Lockheed Martin and Its Employees Give $8.6M to Higher Education.
Hispanic College Fund Presents First Winners of NASA Hispanic Explorers Scholarship Program; Lockheed Martin Recognized as '2003 Corporation of the...
University of Colorado wins DARPA funds.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters