Boeing announced Monday that they will cut 800 jobs at their Long Beach location, according to KTAL News.

550 workers will be offered positions in Oklahoma where the company is moving two of its defense projects. The C-130 Avionics Modernization program is scheduled to move in 2011 while the B-1 program will follow in 2012. The remaining 250 positions would be eliminated.

“I know our leadership team looked at the overall cost and made a determination,” Boeing spokesman Forrest Gossett said.

Although the move is a huge setback for the aerospace industry in Southern California, Gov. Brad Henry of Oklahoma is looking forward to Boeing's arrival.

“We will benefit from the company's growth and exemplary corporate culture, and Boeing will prosper because of Oklahoma's proven track record of supporting and growing the aviation and aerospace industry,” Gov. Henry said.

LA Weekly