Raytheon Moves Headquarters to Northern Virginia
On June 7, Raytheon Technologies announced that it was designating its global headquarters to be in Arlington, Virginia, instead of Waltham, Massachusetts, where the headquarters had resided for the last twenty or so years.
A company spokesman clarified that the number of employees in Waltham would not necessarily change. Nor would the 130 personnel count alter in the Rosslyn office in Arlington, where the new headquarters will be—just their focus as the global headquarters.
“The location increases agility in supporting U.S. government and commercial aerospace customers and serves to reinforce partnerships that will progress innovative technologies to advance the industry,” the company stated in a release. “Washington, D.C., serves as a convenient travel hub for the company's global customers and employees.”
Each of the company's four business units, Raytheon Missiles and Defense; Raytheon Intelligence and Space; Pratt and Whitney; and Collins Aerospace all currently have operations in Virginia, the company said. The new global headquarters office will be in the Rossyln building in which the Raytheon Intelligence and Space business is currently located.
The company clarified that it did not seek or has not accepted any financial incentives from any state or municipality to support the establishment of its headquarters business in Virginia.
In April 2020, Raytheon Company and United Technologies Corp. merged—in a marriage “of equals”—creating Raytheon Technologies and one of the largest aerospace and defense companies in the world with approximately $74 billion in pro forma 2019 net sales and a global team of 195,000 employees, including 60,000 engineers and scientists at that time.