A reorganization at the defense company would see job cuts.
Raytheon Corp., one of the country's largest defense contractors will be reorganizing and cutting 200 jobs, according to an announcement by the company on earlier this week. The cuts will be part of a consolidation effort, according to the company. The company, which has a corporate headquarters in Tewksbury, and 68,000 employees internationally, declined to say what jobs would be included in the cuts. The consolidation will save the company $85 million annually. The company announced in January that its fourth quarter income dropped by 14 percent, according to the Telegram and Gazette. The company has suffered from cuts in military spending.
Program matches volunteers from local businesses with underserved middle and high school students.
Thursday, February 9, 2012
(Editor's note: The following information was submitted Raytheon Corp.) Recently, more than 60 students from Lawrence High School and the Greater Lawrence Technical School attended a Stand & Deliver event at Raytheon’s Tewksbury offices. Robert Curbeam, vice president of Mission Assurance for Raytheon Integrated Defense Systems (IDS), spoke to a captivated audience about how he used education and perseverance to overcome adversity and reach success. Curbeam is a former NASA astronaut, retired Captain in the U.S. Navy, and a graduate of the Navy Fighter Weapons School (TOPGUN). He also holds the record for the most spacewalks, four during the STS-116 mission, for a single spaceflight. The students represented Lawrence High School and …