GOLETA, Calif., Oct. 5, 2006 /PRNewswire/ -- Raytheon Space and
Airborne Systems (SAS) will begin transferring the civil space work
performed at its Goleta, Calif., facility to Raytheon Company's Center of
Excellence for space sensor systems technology in El Segundo, Calif. As a
result of this consolidation, the Goleta civil space operation, also known
as Santa Barbara Remote Sensing (SBRS), will close in early 2008.
The work will begin transitioning immediately and continue in phases
over the next year and a half until the closure of the plant. SBRS
currently employs 250 people, all of whom will be affected by this
consolidation by either attrition, transfer or layoff. Laid-off employees
will be given the opportunity to apply for open positions at other Raytheon
facilities. All El Segundo-based employees who have been on temporary
assignment in Goleta will return to work in El Segundo.
Santa Barbara Remote Sensing is one of three Raytheon businesses in
Goleta. The other businesses, Electronic Warfare Systems and Vision
Systems, are not affected by this action and will continue to operate in
Goleta. Ongoing programs at the civil space site are: the Glory Aerosol
Polarimeter Sensor, the first-ever space-qualified aerosol polarimeter to
measure climate changes; and the Visible Infrared Imager Radiometer Suite,
an advanced infrared sensing suite that is part of the National
Polar-orbiting Operational Environmental Satellite System (NPOESS)
currently in development to replace the current generation of civilian and
military weather satellites.
"While it is never an easy decision to close a facility, the challenges
of our civil space programs require the unique skills and resources
available at our SAS El Segundo headquarters," said Jon Jones, SAS
president.
Raytheon SAS is the leading provider of sensor systems giving
warfighters the most accurate and timely information available for the
network-centric battlefield. With 2005 revenues of $4.2 billion and 13,000
employees, SAS is headquartered in El Segundo, Calif., with additional
facilities in Goleta, Calif.; Forest, Miss.; Dallas, McKinney and Plano,
Texas; and several international locations.
Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 billion, is an
industry leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs 80,000 people
worldwide.
Contact:
Ron Colman
805.879.2041 office
805.259.5772 mobile
rmcolman@raytheon.com
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com/
CONTACT:
Ron Colman of Raytheon, +1-805-879-2041
office or +1-805-259-5772 mobile, rmcolman@raytheon.com
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