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Home More Business

Raytheon to establish global headquarters in Virginia

by Trading How
June 7, 2022
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RICHMOND, Va. — Aerospace and protection firm Raytheon Applied sciences will set up a world headquarters in Arlington, Virginia, the corporate introduced Tuesday.

The situation simply outdoors Washington “will increase agility in supporting U.S. authorities and industrial aerospace clients and serves to bolster partnerships that can progress revolutionary applied sciences to advance the trade,” the corporate mentioned in a information launch.

Every of the corporate’s 4 enterprise items — Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Area and Raytheon Missiles & Protection — at the moment have operations in Virginia. The brand new workplace will probably be situated Arlington’s Rosslyn neighborhood alongside the present Intelligence and Area enterprise.

The corporate at the moment employs about 130 company staffers at its Arlington location and doesn’t count on that quantity to extend considerably, spokesman Chris Johnson mentioned. Raytheon will keep its presence in Massachusetts, together with at its present headquarters in Waltham, he wrote in an e mail.

The corporate didn’t settle for or search any monetary incentives from the state or any municipality in reference to the brand new workplace, in keeping with the information launch.

Raytheon’s announcement comes a few month after Boeing Co. disclosed plans to maneuver its headquarters from Chicago to Arlington.

Republican Virginia Gov. Glenn Youngkin welcomed the announcement, saying it confirmed the state is “the very best vacation spot for the aerospace and protection group.”



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