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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Raytheon Co | NYSE:RTN | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 116.96 | 0 | 01:00:00 |
From May 2019 to May 2024
ALBUQUERQUE, N.M., Oct. 16, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has opened a new facility in the Sandia Science and Technology Park, expanding its operations to develop and produce range monitoring and telemetry systems for the U.S. and its allies. The expansion will bring 60 new high-tech manufacturing jobs to the state over the next six years.
The company employs more than 350 workers in science, engineering, advanced manufacturing and management jobs at its facilities in Albuquerque and Diné, located on the Navajo Nation.
"Raytheon is growing its high-tech manufacturing footprint in rural and urban New Mexico, where workers are producing vital national security technology," said Todd Callahan, Raytheon Naval Area and Mission Defense vice president. "New Mexico has a long history of scientific excellence, and we value our strong partnership with this state."
The new 72,000-square-foot building is the third facility for Raytheon in Albuquerque. The State of New Mexico and City of Albuquerque helped pay for site improvements through Local Economic Development Act, or LEDA, funds. Governor Susana Martinez, Albuquerque Mayor Richard Berry and Raytheon leaders and employees celebrated the grand opening with a ribbon cutting ceremony.
About Raytheon
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.
www.raytheon.com
Media Contact
Tara Wood
+1.520.247.5630
rmspr@raytheon.com
View original content with multimedia:http://www.prnewswire.com/news-releases/raytheon-opens-new-engineering-facility-in-albuquerque-300536894.html
SOURCE Raytheon Company
Copyright 2017 PR Newswire
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