RTX breaks ground on $115 million expansion of Alabama missile integration facility

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HUNTSVILLE, Ala., April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 million, 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory's space for integrating and delivering on critical defense programs by more than 50 percent.

Metadata

Provider:

PR Newswire

Retrieved on:

星期二, 四月 23, 2024

Information

Tags:

Raytheon Technologies, RTX, Standard Missile, GPI, Arms industry

Geotags:

ALABAMA, REDSTONE

⚠ generated by AI ↴

Organisation:

RTX, RAYTHEON

Stock Symbol:

NYSE:RTX

摘要

Key Points:

HUNTSVILLE, Ala., April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 million, 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory's space for integrating and delivering on critical defense programs by more than 50 percent.
The expansion will also bring an estimated 185 new jobs to the area, growing RTX's employee footprint in Alabama to more than 2,200 people.
Raytheon's Redstone facility is the final integration point for many missile programs for the U.S. Missile Defense Agency, U.S. Navy, and other defense customers.
With the expansion of our Missile Integration Facility at Redstone, Raytheon is demonstrating its ability and commitment to continued GPI development.

RTX breaks ground on $115 million expansion of Alabama missile integration facility

Expansion will support key missile programs including Glide Phase Interceptor

HUNTSVILLE, Ala., April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 million, 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory's space for integrating and delivering on critical defense programs by more than 50 percent.

The expansion will also bring an estimated 185 new jobs to the area, growing RTX's employee footprint in Alabama to more than 2,200 people.

"This important investment in the Huntsville region will help us meet the growing needs of our military customers and service members," said Raytheon President Phil Jasper. "It will also ready our operations to accelerate delivery of our vital counter-hypersonic solution."

Raytheon's Redstone facility is the final integration point for many missile programs for the U.S. Missile Defense Agency, U.S. Navy, and other defense customers. The facility currently handles integration of nine variants of the Standard Missile family, including Standard Missile-3 and Standard Missile-6, and will accommodate additional defense programs, including the Glide Phase Interceptor (GPI).

GPI will be the first-ever interceptor to defeat the emerging threat of hypersonic glide vehicles in their vulnerable glide phase of flight. With the expansion of our Missile Integration Facility at Redstone, Raytheon is demonstrating its ability and commitment to continued GPI development.

The Redstone Raytheon Missile Integration Facility first opened in 2012. Expansion construction is scheduled to conclude in 2025.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $68.9 billion, is headquartered in Arlington, Virginia.

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SOURCE RTX