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Rocketdyne to lay off 100
Posted: Fri, Nov 9, 2012, 6:53 AM ET (1153 GMT)
Rocket engine manufacturer Pratt & Whitney Rocketdyne announced this week it was laying off 100 people because of uncertainty in the space industry. About three-quarters of the layoffs are taking place at two facilities in southern California. Rocketdyne cited the "uncertain future of the space industry and current economic conditions" as the reasons for the layoffs. Rocketdyne, which manufactured the Space Shuttle Maine Engine and builds the RS-68 engine for the Delta 4, is in the process of being sold to GenCorp, the parent company of rival engine manufacturer Aerojet.
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