- Parabolic Arc
- November 29, 2023
Boeing Exec: 10K Layoffs Possible
The â€˜big fiveâ€™ US space companies could lose up to 10,000 jobs over the next few years unless the government accelerates procurement of first elements of the Constellation familyâ€™s Ares V and Altair programs, warns Boeingâ€™s Space Exploration division head Brewster Shaw.
The â€˜big fiveâ€™ companies currently supporting the space shuttle program, namely Boeing, Lockheed Martin, ATK, Pratt & Whitney Rocketdyne and United Launch Alliance, â€œare at risk of laying off 8,000 to 10,000 people,â€ says Shaw. The issue for the US space industry remains the looming gap between the retirement of the shuttle and the emergence of the follow-on Constellation family.
â€œIf the procurement for Ares V and Altair is accelerated to 2010 so people could start work on it by 2012 it will alleviate some of it.â€
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