McKINNEY (May 2, 2013) — Raytheon Company announced the headquarters operation of its Space and Airborne Systems (SAS) business will join existing SAS business operations in McKinney. SAS is one of Raytheon’s four global businesses with significant aerospace and defense capabilities. Many high-level officials, including Texas Governor Rick Perry, lauded the announcement.

“Raytheon’s decision to relocate its SAS headquarters from California to Texas is further proof that the Lone Star State’s highly skilled and competitive workforce continues to attract technology companies large and small, thanks in part to our commitment to STEM education to prepare Texas students for highly specialized jobs such as these,” Gov. Perry said. “Our low taxes, predictable regulations and fair courts provide the best opportunity for companies across a variety of industries to succeed, and are a beacon for families and employers alike.”

"I am delighted but not surprised that Raytheon chose to move its Space and Airborne Systems headquarters and associated jobs to McKinney. Our city has a long history with Raytheon and of fostering strong business relationships and creating an environment that not only allows these businesses to grow, but provides their employees with a great place to call home. I look forward to welcoming these Raytheon employees to our community and continuing to work to make McKinney and Collin County the ideal location for business," said Sen. Ken Paxton.

"In the last week I have been working with the City of McKinney and Mayor Brian Loughmiller on strategies to bring additional Raytheon jobs to our community. On Monday, I was able to meet with Governor Perry to discuss how to further promote McKinney to Raytheon, and I am thrilled to have this collaboration end so successfully.  My values are fighting for good jobs, strong families and a safe community. Raytheon providing more jobs to this community helps to complete that equation," said Rep. Scott Sanford.

 

City officials and staff of the McKinney Economic Development Corporation (MEDC) and the McKinney Community Development Corporation (MCDC) have worked closely with Raytheon executives to facilitate the move to McKinney.

"Economic development has been and remains a top priority of the Mayor and City Council. A major part of economic development includes bringing job growth to our community. We appreciate Raytheon's commitment to our city as our largest employer and are excited at the opportunity for new corporate expansion in McKinney. I am proud of the efforts and team work exhibited between city staff, the MEDC, the MCDC, and the Mayor's office and City Council in working with Raytheon on this project. With the partnership we have with companies like Raytheon, McKinney continues to position itself as one of the best places in America to raise a family and conduct business," said McKinney Mayor Brian Loughmiller.

The Raytheon SAS headquarters operation will locate on Raytheon’s existing McKinney campus. Information regarding the business can be viewed at: raytheon.com/ourcompany/businesses.

“McKinney prides itself on being able to work with every business interested in locating and growing here. We want to work with the individual company and their unique needs. In this case, we knew speed was a factor, and we pulled together the right team to work hard in order to meet the expedited schedule,” said City Manager Jason Gray.

“McKinney has always been proud to have the prominent presence of Raytheon, a truly respected corporate partner. Today’s announcement takes that to an entirely new level and would not have happened without the leadership of City Manager Jason Gray, the hard work and dedication of MEDC Vice President Abby Liu, and the overwhelming cooperation between the City of McKinney, MCDC and MEDC,” said MEDC President and CEO Jim Wehmeier.   

 

About McKinney

McKinney, Texas, is unique by nature. As one of the fastest-growing cities in the U.S., McKinney has a current population of nearly 141,000. Incorporated in 1848, the city is located 30 miles north of Dallas and is the county seat of Collin County. McKinney offers rolling hills, lush trees, a historic downtown square and unique neighborhoods and developments. The city ranks No. 2 on the Money Magazine Best Places to Live list for 2012. Visit the city’s website at mckinneytexas.org.