Georgia governor hopes new tax break will lure defense jobs

Georgia News

Georgia Gov. Brian Kemp speaks during a news conference at Lockheed Martin on Thursday, Aug. 26, 2021, in Marietta, Ga. (AP Photo/Brynn Anderson)

MARIETTA, Ga. (AP) — A major defense contractor hosted Georgia Gov. Brian Kemp to thank him for a new tax break that could be worth more than $50 million.

The meeting took place Thursday. Earlier this year, the Republican governor signed a law that would expand tax breaks available to “high-impact aerospace defense” projects.

Officials hope to aid a bid for new defense projects at the Marietta plant operated by Lockheed Martin Corp. Lockheed officials and Kemp are touting the company’s addition of 150 employees over the last year.

Kemp says future Lockheed projects could add thousands of jobs and $1.6 billion in investment.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories