Lockheed Martin invests in two Atlantic universities

Lockheed Martin is investing $4 million in the Univ of New Brunswick and $2 million in Dalhousie Univ as part of its obligations stemming the federal government's purchase of C130 Hercules aircraft. Under Industry Canada's Industrial Regional Benefits (IRB) policy, Lockheed Martin can claim a 5:1 credit under the IRB program for investing in Canadian research facilities. At UNB, the money will fund R&D and support acquisition of equipment for a new research facility. The identities of the research and the new facility were not divulged. The Dalhousie investment will help establish and fund a multidisciplinary program for R&D in "emerging fields of science and technology"….