“These reductions are an unfortunate but necessary response to the reductions in our nation’s defense budget,” BAE spokeswoman Kristin Gossell said in an email. “They are not a response to the potential impacts of sequestration.”
BAE said that the 300 layoffs would be spread out among its 11,000-employee workforce, hitting facilities in New Hampshire, New Jersey, New York, Virginia and Texas. Of the 300 positions being shed, 200 will be from the company’s Southern New Hampshire facilities.
The defense firm said affected employees would be notified by March 4.
BAE’s London-based parent company attempted to merge last year with EADS, parent of Europe’s Airbus, which would have made the combined company the largest defense-aerospace firm in the world. The merger ultimately fell through, however, after European governments with stakes in the companies could not agree to terms in the joint venture.