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Raytheon’s Facility is Part of $100M Collaboration with McKinney EDC
Raytheon Intelligence and Space (RI&S) recently opened a new intelligent manufacturing facility outside Dallas. The firm also announced plans to build a new facility as part of the company’s real estate modernization and consolidation efforts.
RI&S opened the 178,000-square-foot advanced integration and manufacturing center at its McKinney location. The center is a result of a $100 million investment and collaboration with the McKinney Economic Development Corporation that included a commitment to generate 500 skilled jobs, which is already complete.
“Our new advanced integration and manufacturing center and plans for greater expansion reflect a deliberate strategy to transform ourselves by investing in new digital capabilities,” said Roy Azevedo, president, RI&S. “We are laser-focused on improving our agility as we develop and deliver the world’s finest technologies to our valued customers.”
RI&S unveiled its latest investment to build a 400,000-square-foot factory, lab and office space at its McKinney campus to open by 2025. The larger, consolidated modern manufacturing operation in McKinney will make it possible for RI&S to develop, build, test and deliver more advanced technology and will generate another 700 jobs. RI&S will also outfit a new 250,000-square-foot leased facility in North Texas to house technology programs.
- ◦Development