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Lockheed Martin decides to keep Pennsylvania plant open

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Lockheed Martin CEO Marillyn Hewson said the company will keep a Coatesville, Pennsylvania, plant open following a discussion with President Donald Trump.

"It's a good operation with an excellent workforce," Hewson said in a statement, noting the company is looking forward to working with the government and Pennsylvania congressional leaders.

The plant is operated by Sikorsky, the Lockheed-owned firm that previously was awarded a $542 million Department of Defense contract to build presidential helicopters.

Media reports surfaced last month that the plant would close, affecting 465 employees.

Read more from CNN Business.

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