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F-15 SALE TO SAUDI ARABIA WILL SAVE LOS ANGELES AEROSPACE JOBS

 F-15 SALE TO SAUDI ARABIA WILL SAVE LOS ANGELES AEROSPACE JOBS
 LOS ANGELES, Sept. 11 /PRNewswire/ -- President Bush's announcement today that the United States will sell Saudi Arabia 72 F-15 aircraft could save as many as 1,000 jobs at Hughes Aircraft Co., according to Hughes Chairman and Chief Executive Officer Michael Armstrong.
 "A couple of months ago, we had to make a very tough announcement, that Hughes would be downsizing its workforce by 9,000 people through the end of next year," Armstrong said. "But if this sale goes through, it will enable additional opportunities that could save as many as 1,000 jobs here over four years.
 "It's now up to Congress to decide whether the aircraft Saudi Arabia buys are built in the United States or if they will be built in Europe. I urge California's Congressional representatives to support this sale."
 Without the Saudi sale, more than 40,000 American workers, including those at Hughes, will lose their jobs because the U.S. Air Force is not buying any more F-15s after the last of those now on order are delivered in 1994. Hughes produces the radar system for the F-15 at its Radar Systems facilities in El Segundo and Fullerton, Calif.
 "This sale means more than $1.5 billion in new business for California," Armstrong said. "But more importantly, it will prevent the loss of thousands of jobs in the state, including jobs at nearly 300 subcontractors in Los Angeles County alone."
 -0- 9/11/92
 /CONTACT: Kearney Bothwell of Hughes Aircraft, 310-334-4997/ CO: Hughes Aircraft Co. ST: California IN: ARO SU:


AL-JB -- LA012 -- 8607 09/11/92 16:11 EDT
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Publication:PR Newswire
Date:Sep 11, 1992
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