COLUMBIA, Md., May 10, 2016 /PRNewswire/ — Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) announced today that Lockheed Martin's Aeronautics business has awarded two three-year contracts to GP Strategies to be their learning services partner and provide training consulting, instructional design, course development and training administrative services.
Under these multi-year agreements, GP Strategies will support the learning needs for all Lockheed Martin Aeronautics facilities with the primary work to be done in Fort Worth, Texas; Marietta, Georgia; and Palmdale, California. As a strategic partner, GP Strategies helps Lockheed Martin by providing consistency, best practices and thought leadership within the Learning and Development Department.
"We are thrilled to expand our relationship with Lockheed Martin Aeronautics. This partnership will facilitate efficiencies and consistencies in training development, delivery and administration. Together, the Lockheed Martin and GP Strategies learning team will help ensure Lockheed Martin employees are ready for the future," stated Debbie Ung, Senior Vice President, GP Strategies Performance Readiness Solutions Group.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 125,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
About GP Strategies
GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, eLearning solutions, management consulting and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information may be found at www.gpstrategies.com.
Forward-Looking Statements
We make statements in this press release that are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements reflect our current expectations concerning future events and results. We use words such as "expect," "intend," "believe," "may," "should," "could," "anticipates," and similar expressions to identify forward-looking statements, but their absence does not mean a statement is not forward-looking. These statements are not guarantees of our future performance and are subject to risks, uncertainties, and other important factors that could cause our actual performance or achievements to be materially different from those we project. For a full discussion of these risks, uncertainties, and factors, we encourage you to read our documents on file with the Securities and Exchange Commission, including those set forth in our periodic reports under the forward-looking statements and risk factors sections. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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