Thursday, October 11, 2012

Mississippi aerospace firm announces layoffs

A central Mississippi aerospace firm with 2012 defense contracts awarded in excess of $275 million is reducing the size of its Systems Field Support staff facilities in Madison, north of Jackson, by nearly 30 employs. L-3 Communications Vertex Aerospace is basing that decision on defense budgets. L-3 Vertex is a provider of a broad range of electronic systems used on military and commercial aircraft. It is a wholly-owned subsidiary of L-3 Communications which has 11,000 employees at 300 locations worldwide. Source: WBLT-TV, Tupelo, Miss., Oct. 9, 2012

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