Raytheon to establish global headquarters in Virginia

Raytheon to establish global headquarters in Virginia
An American flag flies in front of the facade of Raytheon's Integrated Defense Systems facility, in Woburn, Mass on June 10, 2019. Aerospace and defense company Raytheon Technologies will establish a global headquarters in Arlington, Va.,, the company announced Tuesday, June 7, 2022. Credit: AP Photo/Elise Amendola, File

Aerospace and defense company Raytheon Technologies will establish a global headquarters in Arlington, Virginia, the company announced Tuesday.

The just outside Washington "increases agility in supporting U.S. government and commercial aerospace customers and serves to reinforce partnerships that will progress to advance the industry," the company said in a news release.

Each of the company's four business units—Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense—currently have operations in Virginia. The new office will be located Arlington's Rosslyn neighborhood alongside the existing Intelligence and Space business.

The company currently employs about 130 corporate staffers at its Arlington location and does not expect that number to increase significantly, spokesman Chris Johnson said. Raytheon will maintain its presence in Massachusetts, including at its current headquarters in Waltham, he wrote in an email.

The did not accept or seek any from the state or any municipality in connection with the new office, according to the news release.

Raytheon's announcement comes about a month after Boeing Co. disclosed plans to move its headquarters from Chicago to Arlington.

Republican Virginia Gov. Glenn Youngkin welcomed the announcement, saying it showed the state is "the best destination for the aerospace and defense community."

© 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Citation: Raytheon to establish global headquarters in Virginia (2022, June 7) retrieved 19 April 2024 from https://techxplore.com/news/2022-06-raytheon-global-headquarters-virginia.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.

Explore further

Boeing will move its headquarters to Washington area

5 shares

Feedback to editors