Raytheon Technologies, one of many world’s largest aerospace and protection conglomerates, is shifting from its longtime residence of Waltham to Arlington, Virginia, the corporate introduced immediately.
“The company will maintain its strong U.S. presence which includes 600 facilities across 44 states and territories. Each of the company’s four business units currently have operations in Virginia,” the corporate wrote in its announcement. “The new global headquarters office will be in Arlington’s Rosslyn neighborhood alongside the Raytheon Intelligence & Space business.”
The firm cited the brand new location, instantly subsequent to Washington, D.C., “as a convenient travel hub for the company’s global customers and employees.” It says the transfer “increases agility in supporting U.S. government and commercial aerospace customers.”
The presently Waltham-based firm employs greater than 196,000 workers throughout its numerous holdings —Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space, Raytheon Missiles & Defense — in response to its web site.
The present firm is the results of a 2020 merger between the Raytheon Company and the United Technologies Corporation aerospace enterprise.
“Our 2021 performance demonstrated the strength, balance and resiliency of our portfolio, the breadth of our advanced technologies, the talents and dedication of our workforce, and our commitment to changing the world for the better,” mentioned Gregory J. Hayes, the chairman and chief govt officer within the firm’s 2022 proxy assertion on its efficiency for 2021, its first full yr because the merged firm.
The firm mentioned that it “has not accepted or sought any financial incentives from any state or municipality to support the establishment of a global headquarters office in Virginia.”
This is a growing story.
Source: www.bostonherald.com”