Raytheon Technologies Relocates-Plans Arlington, Virginia, Headquarters
06/09/2022
The location increases agility in supporting U.S. government and commercial aerospace customers and serves to reinforce partnerships that will progress innovative technologies to advance the industry, according to company officials. Washington, D.C. serves as a convenient travel hub for the company's global customers and employees.
“With four of the top five major U.S. aerospace and defense leaders now based in Virginia, this decision to headquarter in Arlington demonstrates that the commonwealth is the best destination for the aerospace and defense community,” noted Governor Glenn Youngkin.
The Waltham, Massachusetts-based aerospace and defense company said it had not accepted or sought any financial incentives for the move.
“Raytheon’s announcement, as well as that of Boeing last month, show that more companies are choosing Arlington for their headquarters. Our skilled, highly-educated workforce, key investments in public infrastructure, and our exceptional tech ecosystem are factors companies desire when locating a company. We welcome Raytheon’s global headquarters and look forward to their continued presence in Arlington,” said Shannon Flanagan-Watson, Interim Director, Arlington Economic Development.
The new global headquarters office will be in Arlington's Rosslyn neighborhood alongside the Raytheon Intelligence and Space business, according to company officials. The company said it will maintain its strong U.S. presence which includes 600 facilities across states and territories. Each of Raytheon’s four business units currently have operations in Virginia.
Project Announcements
Sweden-Based Northvolt Plans Quebec, Canada, Lithium Battery Gigafactory
10/02/2023
Frampton Construction Expands Ladson, South Carolina, Operations
10/02/2023
Phillips Tank & Structure Plans Adair County, Kentucky, Operations
10/02/2023
Ascend Elements-SK Ecoplant Plan Christian County, Kentucky, Battery Recycling Complex
09/30/2023
Play Mart Expands Pulaski County, Kentucky, Operations
09/30/2023
Blue Whale Materials Establishes Bartlesville, Oklahoma, Battery Processing Operations
09/30/2023
Most Read
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
U.S. Attracting FDI From European Manufacturers
Q3 2023
-
2023 Top States Workforce Development Programs
Q3 2023
-
EV Impacts to Watch in 2023 and 2024
2023 Auto/Aero Site Guide
-
Power-Intensive Site Selection
Q3 2023
-
Why the Southeast Is Winning EV Projects, With More on the Way
Q3 2023