Raytheon, a technology and innovation leader specializing in defense, security and civil markets, plans to expand its operations center, creating 250 new jobs over the next few years in Indianapolis, Indiana.
Representing a twenty-five percent increase in employees at its Indianapolis facility, this is Raytheon’s largest workforce expansion since the company took over the site in 1998. Work at the historic facility, which was formerly the Indianapolis Naval Ordnance plant, will focus on areas of depot support, including modernizing and upgrading the capabilities of military platforms, systems engineering and systems installation.
The facility, which already employs 1,000 Hoosiers, also develops leading-edge soldier-worn computers and provides weapons system sustainment, supply chain management and systems engineering among other services to commercial and military customers.
“The work Raytheon does in Indianapolis supports some of the most critical missions for the U.S. military and for our allies around the world,” said Dave Wajsgras, President of Raytheon Intelligence, Information and Services. “We have an exceptionally talented and committed team here. We will continue to draw upon the highly skilled and motivated workforce that Indiana has to offer. The partnership we enjoy with the state of Indiana and the city of Indianapolis is yet another reason we're moving forward to expand our presence in the region.”
“Raytheon’s announcement today places the development of key national security technology squarely in Indiana,” said Governor Mike Pence. “We’re currently witnessing major players in the global defense and aerospace sectors growing in the state. Raytheon’s leadership told us last summer that their Indiana operations were strong. Now it’s clear that this team of Hoosiers will only be growing stronger, delivering critical results for our nation’s military, security and intelligence interests.”
The Indiana Economic Development Corporation offered Raytheon up to $4,400,000 in conditional tax credits and up to $400,000 in training grants based on the company's investment and job creation plans of up to 349 new jobs by 2020. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. In addition, the IEDC will provide the city of Indianapolis with up to $1,000,000 in infrastructure assistance from the state's Industrial Development Grant Fund. The city of Indianapolis supports the project at the request of Develop Indy, a business unit of the Indy Chamber.