Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Raytheon Expands Albuquerque, New Mexico, Manufacturing Campus

08/15/2017
Raytheon will expand its manufacturing operations hub in Albuquerque, New Mexico. The company plans to create 60 new high-tech manufacturing jobs.

The expanded operations will support the development and production of directed energy systems, range monitoring systems, and telemetry systems for U.S. and coalition partners. The newly created jobs will include program management positions, engineering, and other technical jobs.

"This workforce expansion enables Raytheon to develop some of the most advanced technologies and capabilities that keep our warfighters and our nation ahead of the threat," said Dr. Taylor W. Lawrence, Raytheon Missile Systems President. "Our strong partnerships with the State of New Mexico and the City of Albuquerque give Raytheon an edge in innovating and winning programs that help grow our local operations."

As an incentive, New Mexico will provide $850,000 for the expansion through the state's closing fund, known as LEDA, pending final approval by the Albuquerque City Council. In addition to the $850,000 in LEDA funding from the State of New Mexico, the City of Albuquerque will commit $425,000 in LEDA funding to the project.

Acquired by Raytheon in 2011, the Albuquerque site currently supports the production of high powered microwave directed energy technology and aircraft range monitoring systems. Nearly 200 employees presently work on site.

"This is great news for New Mexico and another example of what's possible when businesses know they're welcome in our state," said Governor Susana Martinez. "We've seen it over and over again, when we commit to reforms and tools that make us more competitive and business friendly, companies from around the nation and the world take notice, and choose New Mexico to invest and create jobs."

"We're thrilled that Raytheon continues to expand in Albuquerque," said Mayor Richard J. Berry. "I am pleased that they have been able to take advantage of our great workforce and through their strategic location at the Sandia Science and Technology Park they are able to take advantage of potential collaborations with the world's finest scientists."

Article Discussion

Follow Area Development

Share