In what company officials say is a cost cutting move in light of expected cuts in defense spending, Boeing has announced that it will be relocating both its C-130 Avionics Modernization and B-1 programs from Long Beach, CA to Oklahoma City, OK. The move will begin around the first quarter of 2011 and is expected to be completed by the end of 2012. Out of the 800 workers that are currently employed by both programs, about 550 will be relocated, with the rest to be transitioned into another programs within Boeing.
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