Defense contractor Lockheed Martin Corp. said Tuesday that it is laying off 37 employees at its Middle River site, part of nationwide cuts in its mission systems and sensors division.
The company notified 472 U.S. employees Tuesday their jobs are being cut.
Most affected employees will stay on for two weeks before leaving with severance packages, the company said. The Middle River site, which specializes in a missile launch system used on Navy ships, will employ 531 people after the cuts.
Lockheed Martin said in January that it would need to eliminate 1,200 jobs after combining two units to make the missions systems and sensors arm. The layoff number was reduced in part because 490 employees left voluntarily with buyout packages and others switched jobs, a spokeswoman said.
Lockheed Martin is one of Baltimore County's largest private employers, according to the Baltimore County Department of Economic Development.
"You never want to lose jobs, particularly in a recession, but Lockheed Martin has a significant presence in the county," said David S. Iannucci, the county's economic development director. "I have every reason to believe that the different functions there still will have great growth opportunities."