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Hiring Heroes Good Business, Right Thing To Do
CNBC.com | March 28, 2012 | 10:10 AM EDT

Today, less than one percent of Americans answer the call to protect our national security, prosperity and way of life through military service. For those who volunteer to serve, there are no guarantees of employment when they leave the military.

Too often when veterans decide to transition back into civilian life, they encounter many difficulties trying to secure a future for themselves and their families.

The unemployment rate for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001 was 12.1 percent in 2011, and the jobless rate for all veterans was 8.3 percent. That’s just wrong.

At Lockheed Martin, we believe America’s veterans should not return from the front line to stand in the unemployment line … and we’re working to make sure that doesn’t happen.

Veterans comprise a major segment of our employees—almost one in four of our 123,000 employees are veterans—and they have a powerful influence on the culture and character of our company. Last year alone, we hired 3,352 veterans—38 percent of all our external hires— and 1,061 of them came to us directly as their military service ended.

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