BE Aerospace jobs in Kilkeel may not be under threat.
That's from the president of the town's Chamber of Commerce Cliff Coulter.
His comments follow speculation that a buy-out would prompt new owner Rockwell Collins to shed jobs.
The US cockpit supplier bought the local manufacturer in a multi-billion pound deal.
Mr Coulter says recent indicators point to a positive outcome for the 830 employees in Kilkeel.
He said, "We're looking forward and we know we have a great workforce out there so we're hoping everything turns out well."
Mike Nesbitt to step down as UUP leader
Whole island of Ireland under weather warning as wintry conditions sweep
Bid to bring historical treasures from birth of US to Belfast for exhibition
Police investigating Arson Attack in North Belfast
McIlroy honours omission came despite Stormont nomination