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AAA  Jul. 15, 2014 4:58 PM ET
Raytheon announces layoffs in New England
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(AP) — Defense contractor Raytheon Co. says it will lay off employees in Rhode Island and Massachusetts.

Company spokesman Mike Doble declined to say how many people would be affected in Raytheon's Integrated Defense Systems unit. The Waltham, Massachusetts-based unit specializes in air and missile defense and radars.

Doble said on Tuesday that Raytheon is realigning its resources because of shifts in engineering and production work, a delay in contract awards and the current budgetary environment. He said the reduction in workforce across Raytheon IDS is "small."

Raytheon employs 63,000 people worldwide, with about 1,000 people based in Rhode Island and 11,800 in Massachusetts.

Associated Press
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