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Defense Industry Massachusetts

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BUSINESS
May 12, 1991 | JONATHAN WEBER, TIMES STAFF WRITER
The cloud of recession hangs heavily over the lush, wooded suburbs of Boston that hug Route 128, home to the largest concentration of high-technology businesses outside Silicon Valley. For several years now, the major local computer manufacturers have been in a steep decline, and the regional economy shows few signs of recovering from a virtual free-fall. Yet for companies like Unifi Communications, a start-up software firm in Billerica near Boston, the slump represents an opportunity.
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BUSINESS
April 29, 1992 | From Times Staff and Wire Reports
Raytheon Offers Early Retirement: Raytheon Co., the nation's largest missile maker, said it is offering early retirement to 4,000 workers in its government defense business. The Lexington, Mass.-based company said the program will be offered at 20 locations in five states. The company makes the Patriot, Sparrow and Hawk weapons systems and is the largest factory employer in Massachusetts, with a work force of 71,300.
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BUSINESS
April 29, 1992 | From Times Staff and Wire Reports
Raytheon Offers Early Retirement: Raytheon Co., the nation's largest missile maker, said it is offering early retirement to 4,000 workers in its government defense business. The Lexington, Mass.-based company said the program will be offered at 20 locations in five states. The company makes the Patriot, Sparrow and Hawk weapons systems and is the largest factory employer in Massachusetts, with a work force of 71,300.
BUSINESS
May 12, 1991 | JONATHAN WEBER, TIMES STAFF WRITER
The cloud of recession hangs heavily over the lush, wooded suburbs of Boston that hug Route 128, home to the largest concentration of high-technology businesses outside Silicon Valley. For several years now, the major local computer manufacturers have been in a steep decline, and the regional economy shows few signs of recovering from a virtual free-fall. Yet for companies like Unifi Communications, a start-up software firm in Billerica near Boston, the slump represents an opportunity.
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