'Majority' of 150 defence jobs lost at Dytecna
A company that designs and manufactures software and equipment primarily for the defence sector has stopped trading with the loss of almost 150 jobs.
Dytecna, based in Malvern, Worcestershire, went into administration earlier this month.
But since the appointment of administrators, FRP Advisory, no buyer has been found and "the majority" of the 150 staff have been made redundant.
The firm also has bases in Fareham, Hampshire, and Welshpool in Powys.
Philip Watkins, joint administrator at FRP Advisory, said: "It goes without saying that it is deeply regrettable that a business with such a long history has had to cease trading and close its doors.
"Despite a number of parties expressing an interest in the business, no viable solution could be found to enable the business to continue trading.
"As joint administrators our immediate focus will be to assist staff who have lost their jobs and provide them with the necessary support to submit timely claims to the Redundancy Payments Service."
Dytecna has previously supplied equipment to the likes of BAE Systems and QinetiQ.