Pentagon plans to cut defense spending by $78 billion will have a mixed impact in Massachusetts, with major defense contractors Raytheon Co. and General Dynamics Corp. taking hits on some fronts but potentially gaining in others.
The proposed cuts announced Thursday by Secretary of Defense Robert M. Gates include canceling orders for two types of missiles manufactured by Raytheon, but Gates also outlined plans to expand missile defense systems in Europe, which rely on Raytheon radar and another type of missile produced by the Waltham company. Gates also said the Pentagon would seek to cancel the $13 billion Expeditionary Fighting Vehicle, an amphibious tank that General Dynamics had developed and tested.
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