LONDON, Oct. 9 (UPI) -- BAE Systems has announced it may ax more than 400 managerial jobs within its Military Air & Information business unit in Britain.
The potential downsizing comes as a result of company "continuous drive for efficiency," it said in a news release.
"It is always regrettable when you have to announce potential job losses," said Chris Boardman, managing director of BAE Systems MAI. "However, we believe that by implementing changes to our management structure we will become a more efficient and effective business, and be better placed to meet the needs of current and potential customers in what is an increasingly competitive market."
Regions in the country that could suffer job losses, and the number of jobs that could be cut were given as: Brough, East Riding of Yorkshire (16); Christchurch, Dorset (18); Frimley, Surrey (22); RAF Coningsby, Lincolnshire (22); RAF Marham, Norfolk (16); Samlesbury and Warton, Lancashire (286); other U.K. locations (53).
Seven other managerial posts outside of Britain could also be cut, the company said, bringing the total to 440.
"We understand that this is a time of uncertainty for our employees and we are committed to working with them and their representatives to explore ways of avoiding and mitigating potential job losses," Boardman said.
Boardman also said that despite potential managerial sackings, BAE Systems has a strong future given its Hawk, Typhoon and F-35 aircraft production orders, growing in-service support work for the Royal Air Force, and overseas business.