Raytheon Expanding $5 Billion Texas Presence With New McKinney Facility, 500 High-tech Jobs

This is a developing story and will be updated.Raytheon will expand its $5 billion presence in Texas with a new advanced manufacturing facility in McKinney, creating 500 jobs, the company announced Thursday.The new facility will support high-tech jobs and construction is expected to be completed in late 2020, according to the company.“This is an investment in the talented McKinney workforce,” president of Raytheon Space and Airborne Systems Roy Azevedo said in a statement. “It shows we are serious about our presence in Texas and that we are here to stay.”The $27 billion defense company currently employs about 3,000 people in North Texas.  Continue reading...

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