A local maker of navigation systems for drones and other military equipment laid off as many as 96 people, former employees said.Read the full article
Kearfott, which employed 428 people making high-tech parts for unmanned aircraft, satellites and other military and civilian systems, let the workers go last week, employees said.
The company is the third-largest employer in Black Mountain after Ingles and Black Mountain Neuro-Medical Treatment Center, according to town finance department records. ...
The downsizing comes during a wave of government austerity measures that includes the military, said Richard Aboulafia, vice president of analysis at Teal Group. ...
“It’s hardly surprising,” Aboulafia, who is familiar with Kearfott, said. “The government budget has taken a hit.”