Article: Lockheed to lease Norton AFB hangar for commercial aircraft maintenance. (Norton Air Force Base)

LOCKHEED TO LEASE NORTON AFB HANGAR

FOR COMMERCIAL AIRCRAFT MAINTENANCE

SAN BERNARDINO, Calif., July 10 /PRNewswire/ -- Lockheed Corporation (NYSE: LK) reported today that an initial lease has been signed with the Inland Valley Development Agency (IVDA) allowing for immediate joint occupancy with the U.S. Air Force of a hangar complex at Norton Air Force Base. Norton, base of the 63rd Military Airlift Wing, is one of the 86 military facilities scheduled for closure by 1994.

Also a long-term lease was signed with an initial lease period of 10 years, with options to extend the lease. Lockheed will begin operations in December, ...

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