Raytheon Intelligence & Space Expands Innovation and Manufacturing in North Texas
Press release from: Raytheon Company
Posted: Thursday September 23 2021
Raytheon Intelligence & Space, a company of Raytheon Technologies (NYSE: RTX), today opened a new smart manufacturing facility outside of Dallas and announced plans to build a new facility as part of modernization efforts. and real estate consolidation of the company.
RI&S has opened a new 178,000 square foot state-of-the-art integration and manufacturing center at its McKinney, Texas site. The center is the result of a $ 100 million investment and collaboration with the McKinney Economic Development Corporation, which included a commitment to create 500 skilled jobs, which has already been completed.
âOur new advanced integration and manufacturing center and plans for further expansion reflect a deliberate strategy to transform ourselves by investing in new digital capabilities,â said Roy Azevedo, President of RI&S. âWe’re laser-focused on improving our agility as we develop and deliver the world’s best technologies to our valued customers. “
Bigger factory, new offices and more jobs to come
RI&S has unveiled its latest investment in building a 400,000 square foot factory, laboratory and offices on its McKinney campus that will open by 2025. McKinney’s modern and consolidated manufacturing operation will enable RI&S to develop, build, test and supply more advanced technology and generate 700 more jobs. RI&S will also equip a new 250,000 square foot leased facility in North Texas to house technology programs.
âRaytheon Technologies is a truly respected and valued corporate partner, and we are proud to have their long-standing presence in our community. McKinney is known for fostering strong business relationships and creating an environment that not only allows these businesses to grow, but also provides them with a great place to call home, âsaid Mayor George Fuller. “City council, city staff and the McKinney Economic Development Corporation look forward to continuing to position the city as one of the best places in America to raise a family and conduct business.”
RI&S improves labs and manufacturing space by investing in physical upgrades and developing digital engineering tools that make work faster, more efficient and safer.
âWe are transforming our operations to meet customer demand, improve the experience for our employees and prepare for further growth,â said Jeff Place, vice president of operations, RI&S. “From artificial intelligence and networked factories to data analysis and augmented reality, we are integrating new ways of working that allow us to solve the most difficult problems.”
RI & S’s growth strategy is centered on its customers and on equipping its employees to meet the company’s commitments. Much of the RI&S workforce will have the option of continuing to work remotely, on-site, or in a hybrid arrangement that fits their schedules and job responsibilities.
âOur work couldn’t slow down during the pandemic and, in fact, we are seeing increased demand for our technology,â Azevedo added. “By enabling our teams to be productive and connected, they are transforming our operations in North Texas and across RI&S to meet customer challenges today and in the future.”
For more information visit our website: https://www.raytheonintelligenceandspace.com/ExpansionInNorthTexas
About Raytheon Intelligence & Space
Raytheon Intelligence & Space provides the disruptive technologies our customers need to succeed in any field, against any challenge. A developer of advanced sensors, training, cyber and software solutions, Raytheon Intelligence & Space provides a decisive advantage to civilian, military and commercial customers in more than 46 countries around the world. Based in Arlington, Virginia, the company generated adjusted pro forma annual revenue of $ 15 billion in 2020 and employs 37,000 people worldwide. Raytheon Intelligence & Space is one of the four companies that make up Raytheon Technologies Corporation.
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company providing advanced systems and services to commercial, military and government customers around the world. With four industry-leading companies – Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense – the company delivers solutions that push the boundaries of avionics, cybersecurity, directed energy, electric propulsion, hypersonics and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the aerospace activities of United Technologies Corporation, is headquartered in Waltham, Massachusetts.
C: +1 469-933-8913
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