The defense contractor is cutting 50 of its 350 employees in Vermont. The positions vary from administrative and engineering to manufacturing and management.
"General Dynamics has fulfilled the Army's current requirement for armor for Bradley Fighting Vehicle fleet and will soon do so for Striker Wheel Vehicle fleet. We're also experiencing a reduced demand in some gun programs," said General Dynamic's Karl Johnson.
The 50 Vermont employees will be laid off by January 4th. General Dynamics is also cutting another 35 positions in Maine and North Carolina. The company says these cuts are not directly related to the looming cuts in the federal defense budget.
Defense contractors nationwide are warning of thousands of layoffs if mandatory spending cuts take effect next year when the federal government hits the so-called "fiscal cliff." General Dynamics is just one of several Vermont defense contractors that could be effected.
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