Several Florida aerospace jobs could soon be lost.
According to an article by the Orlando Sentinel, Central Florida’s space industry could lose more than 7,000 jobs during the next few years as NASA retires its space shuttle program. On top of that, Northrop Grumman Corp. recently announced that it will eventually layoff workers in the area.
The company announced it plans to eliminate 70 jobs, or about 6 percent of its workforce. Northrup Grumman previously employed about 1,200 workers in its airborne defense electronics and other combat systems divisions.
A recent study from Aviation Week found that the national aerospace and defense industry has lost 30,000 jobs so far this year. Overall job cuts are projected to affect about 4.5 percent of the American aerospace workforce, and job losses could continue through next year.
The study was based on projections from almost 45 major companies employing 520,000 workers, or 80 percent of the aerospace workforce. Declining demands for rockets and other space equipment, cutbacks and shifting priorities in defense spending and the recession were all cited as reasons for layoffs.
Lockheed Martin Corp., another well-known company in the industry, recently said it plans to cut 800 positions from its space systems division. That move would primarily affect operations in Colorado and California.
Although job losses in the aerospace industry could reach 10 percent during 2010, that’s still lower than the 40 percent decline companies in the industry saw during the post-Cold War era in the late 1980s and 1990s.
On a positive note, the study did find that despite the cutbacks, several aerospace companies are still hiring new workers as baby boomer engineers and other technical workers reach retirement age. Companies saw a total of 21,000 job openings, down more than one-third from last year.
Tags: Florida aerospace jobs
[...] and Engineering Mechanics, has been appointed to serve as the associate director of the…Florida Aerospace Jobs in DangerSeveral Florida aerospace jobs could soon be lost. According to an article by the Orlando Sentinel, [...]