FOREST, Miss., Aug. 2, 2007 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) will dedicate a 90,000 square-foot expansion of its Consolidated
Manufacturing Center Aug. 2.
The Honorable Haley Barbour, Governor, Mississippi, and Raytheon
Chairman and CEO William H. Swanson will speak at the event. Also present
will be Jon Jones, president of Raytheon Space and Airborne Systems.
"The expansion of Raytheon's facility in Forest is further evidence of
this outstanding company's continuing commitment to the economic growth of
central Mississippi," Gov. Barbour said. "Not only does the expansion open
the door to more good jobs and greater economic development in the region,
it also demonstrates the increasingly critical role Mississippi workers
play in keeping the U.S. military the strongest in the world."
Joining Raytheon officials on the occasion will be Gray Swoope,
executive director of the Mississippi Development Authority.
The plant, which manufactures radar and other sensor systems for a
variety of military programs, expects to add approximately 110 jobs as
current programs expand and new ones begin. The current number of employees
is about 750.
"The growth at Forest is a direct result of the hard work and
dedication of our employees," Raytheon Chairman and CEO William H. Swanson
said. "They are building the top-quality systems that our customers have
come to expect from us. We are extremely proud of their efforts. The
products produced here provide for the safety of our military around the
world."
Raytheon Space and Airborne Systems is a leading provider of sensor
systems giving military forces the most accurate and timely actionable
intelligence available for the network-centric battlefield. With 2006
revenues of $4.3 billion and 12,000 employees, SAS is headquartered in El
Segundo, Calif. Additional facilities are in Goleta, Calif.; Forest, Miss.;
Dallas, McKinney and Plano, Texas; and several international locations.
Raytheon Company, with 2006 sales of $20.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 85
years, Raytheon provides state-of-the-art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a
broad range of mission support services. With headquarters in Waltham,
Mass., Raytheon employs 73,000 people worldwide.
Contact:
Sabrina Steele
310.647.9067
sksteele@raytheon.com
SOURCE Raytheon Company
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Related links: http://www.raytheon.com/
CONTACT: Sabrina Steele of Raytheon Company, +1-310-647-9067, sksteele@raytheon.com
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