Friday, May 10, 2013

Raytheon to move unit headquarters away from El Segundo

170 high paying jobs lost.

El Segundo City Manager Greg Carpenter said the move would result in the loss of 170 jobs. Raytheon would not comment on the job loss numbers.

“We hate to lose any jobs in El Segundo,” he said. “We’re doing what we can to maintain their presence in this city.”

Raytheon still has about 10,000 workers in California. Its sprawling electronics facility in El Segundo is where scientists and engineers in underground clean rooms develop high-tech radars, sensors and cameras. The unit recorded about $6 billion in annual sales last year.

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