British Aerosopace Defence Cuts 1,350 Jobs
LONDON (AP) _ In a bid to make itself leaner and more competitive, British Aerospace Defence said Wednesday it is cutting up to 1,350 jobs from its 31,000-person workforce.
The company, a subsidiary of British Aerospace which makes missiles and defense systems, said the cuts in its dynamics division were designed to ``reflect workload levels and improve competitiveness.″
Like other defense contractors, British Aerospace has been hit in recent years because too many companies are fighting for too few orders.
``We regret the need for these actions but they are essential to enable us to be competitive in bidding to fulfill new requirements in the United Kingdom and to be able to sell our currrent product range in export markets,″ said Roger Hawksworth, managing director of the dynamics division.
The division has a number of major orders on its books, including a new short-range air-to-air missile for the Royal Air Force.
But competition will be fierce for several new British and overseas orders expected to come up for grabs this year.
The cuts, mostly to be made this year, will be at the company’s plants at Lostock in northern England, in Stevenage, north of London and at Bristol, southwest England.