AM I NEXT? NO LOVE AT RAYTHEON

 Am I Next? Raytheon loses Army contract, layoffs follow.

Waltham, Massachusetts-based Raytheon, the iconic communications and defense contractor, has announced the layoff of 52 Orlando employees in its Orlando, Florida facility following the loss of a $3.5 billion dollar competitive contract to Lockheed Martin's Rotary & Mission Systems division in east Orlando, Florida. The facility will be partially closed. The contract covered the Army’s training aids, devices, simulators, and simulations maintenance program and will result in the layoff of skilled personnel in procurement, contract management, systems analysis and programming, and logistics.

According to a Raytheon spokesperson, “This is the result of the natural conclusion of our Warfighter FOCUS contract, which had trained virtually every U.S. Army soldier over the past 10 years. However, we continue to support our government customers’ training needs from our Orlando facility and other global locations as part of various other training contracts.”

It can happen to anyone, anytime, anywhere ... are you wondering, Am I Next?