Massachusetts-based Raytheon Technologies announced it is moving some production from a Connecticut plant run by its subsidiary Pratt & Whitney to North Carolina.
The company said it needs to stem the financial damage from plunging commercial aviation sales during the pandemic.
The company described the jet-engine manufacturing facility in North Carolina as a “much lower cost, more automated production facility.”
Raytheon said it will also expand job cuts across its commercial airline services that were announced last month.
Chief Executive Officer Greg Hayes said commercial air travel will not likely return to 2019 levels until at least 2023. Hayes said that depends on the arrival of a widely distributed vaccine.
