Marshall Aerospace in Cambridge to cut 300 jobs

Up to 300 jobs are to be cut at an aerospace company in Cambridge.

Marshall Aerospace and Defence Group said the redundancies would help the company remain "competitive and sustainable".

The family-run business, based at Cambridge airport, employs more than 5,000 people and has a turnover of more than £2 billion.

Their contracts include maintaining the C-130 Hercules cargo aircraft for the RAF.

In a statement Marshall ADG said: "Our underlying core business is strong and we are continuing to support our many customers and invest heavily in the business; including the recent £20m upgrade of the Cambridge Airport’srunway and infrastructure.

"We are building a new, simpler business operating model, which is modern, flexible and affordable.

"This is a significant change to the business which will, regrettably, impact on the number of people within the Company and we have begun consultation on a proposed reduction of up to 300 positions throughout the organistation, at all levels."