Jobs at Filton near Bristol are to go as part of the 1,775 job losses announced by BAE Systems today.
The company hasn't yet confirmed how many workers at Filton face redundancy.
The jobs are being cut after a drop in work due to the end of aircraft carrier contracts.
For more on this story click here
Today marks ten years since Concorde made its last commercial flights, and the end of supersonic travel.
Three of the Filton built aircraft last flew into Heathrow airport in 2003 before being permanently retired.
The Save Concorde campaign group is still lobbying British Airways a decade on to make one of the aircraft available to fly again non-commercially.
The Duke of Gloucester is due to open a restored building in South Gloucestershire that played a key role in the history of aerospace.
Pegasus House in Filton was the original headquarters of the Bristol Aeroplane company. It hosted visits from royalty and even Cary Grant before it went out of use in the 1990s. It will house 300 Airbus staff after being renovated as part of a £70m investment programme.
Today's event will have a 1930s feel to it, celebrating the history of the building.
The first test flight of the new Airbus A350 airliner takes place this morning [Friday] at Toulouse in France. Much of it was designed at Filton near Bristol.
Employees who helped to build the state-of-the-art aircraft will be able to watch the take-off live on giant screens at their site.
The dream of having a permanent home for Concorde has taken a major step forward, after the National Lottery agreed to back the project with a £4.4 million grant.
The team behind the plan want to refurbish two World War I hangars on Filton Airfield and turn them into a museum for the jet.
Concorde 216, which was designed and built in Bristol, has sat next to the runway, open to the elements since touching down there after its final flight in 2003.
But now there's real hope that, ten years on, the world's first supersonic passenger plane could finally land a new home.
Nearly £4.5m has been awarded to a Trust in Bristol to build a permanent home for supersonic plane Concorde.
The funding comes from the Heritage Lottery Fund. So far, about £9m has been pledged but the Bristol Aero Collection Trust, who are behind the plans, need £13.5m to complete the musuem in Filton.
The Director of the Trust, Lloyd Burnell, says there's now 'real momentum' behind the project, which could be completed by July 2016.
The Director of the Bristol Aero Collection Trust says he is 'delighted' that plans to build a £13.5m Aerospace Centre in Filton has received initial support from the Heritage Lottery Fund.
We’re delighted that the Heritage Lottery Fund has given us this support.
The Bristol Aerospace Centre at Filton will provide enormous opportunities for people to learn about our industrial aviation heritage and social history, as well as encouraging people to get involved through volunteering and the development of new skills.
It is great to know that we are a major step closer towards meeting our ambitions.”
The Centre will provide a heritage centre, technology learning centre and a permanent home for supersonic airliner Concorde, which was largely built and designed at the Filton site.
Bristol has a unique aviation history and this is the perfect opportunity to reconnect the community and wider public with the important story of the aircraft that were developed here and the people that created them.
The Heritage Lottery Fund is pleased to be able to offer its initial support for this project and will be working closely with Bristol Aero Collection Trust as they develop their plans further.
Plans to build an Aerospace Centre in Bristol have received initial support for a £4.4m bid from the Heritage Lottery Fund.
Bristol Aerospace Centre, which will be located on Filton Airfield, will create a permanent home for Concorde which was largely designed and built at the site.
The £13.5m project will also provide space for a heritage museum, technology learning centre, outdoor play areas and event spaces.
The Bristol Aero Collection Trust, who are behind the project, have been awarded £243,600 in funding to progress its plans.