Raytheon Technologies Establishes Global Headquarters Office in Northern Virginia

Rhea-AI Summary

Raytheon Technologies (NYSE: RTX) has announced the establishment of its global headquarters in Arlington, Virginia, effective June 7, 2022. This strategic move aims to enhance support for U.S. government and commercial aerospace clients and strengthen partnerships in advancing innovative technologies. The new headquarters will be located in the Rosslyn neighborhood, close to existing operations of the company's four business units in Virginia. Remarkably, Raytheon has not sought any financial incentives from state or local authorities for this transition.

Positive

• Establishing global headquarters in Arlington enhances support for U.S. government and commercial aerospace customers.
• Location in Washington, D.C. facilitates convenient travel for global clients and employees.

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• None.

WALTHAM, Mass., June 7, 2022 /PRNewswire/ -- Raytheon Technologies (NYSE: RTX) announced today that it will establish its global headquarters in Arlington, Virginia. 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. Washington, D.C. serves as a convenient travel hub for the company's global customers and employees.

The company will maintain its strong U.S. presence which includes 600 facilities across 44 states and territories. Each of the company's four business units currently have operations in Virginia. The new global headquarters office will be in Arlington's Rosslyn neighborhood alongside the Raytheon Intelligence and Space business.

Raytheon Technologies has not accepted or sought any financial incentives from any state or municipality to support the establishment of the global headquarters office in Virginia.

About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company was formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses.

Media Contact
Chris Johnson
Corporatepr@rtx.com
C: 202.384.2474

Investor Contact
C: 781.522.5123

 

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SOURCE Raytheon Technologies

FAQ

What is the significance of Raytheon Technologies' new headquarters in Arlington, Virginia?

The new headquarters increases support for U.S. government and aerospace customers while facilitating partnerships in innovative technologies.

When did Raytheon Technologies announce its new global headquarters?

Raytheon Technologies announced its new global headquarters on June 7, 2022.

What is the location of the new Raytheon Technologies headquarters?

The new headquarters is located in the Rosslyn neighborhood of Arlington, Virginia.

Did Raytheon Technologies receive any financial incentives for moving its headquarters?

No, Raytheon Technologies did not accept or seek any financial incentives for establishing its headquarters in Virginia.

How many facilities does Raytheon Technologies have across the U.S.?

Raytheon Technologies operates 600 facilities across 44 states and territories.