Raytheon Ready to Begin Site Preparation on $20 Million Facility in Alabama

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Site preparation is expected to begin within ten days for a $20 million guided missile and space vehicle assembly plant in Huntsville, Alabama for the Raytheon Company (NYSE:RTN) (Waltham, Massachusetts). Plans are to construct a three-story, 140,000 square-foot facility on a 20-acre site at the corner of Old Madison Pike and Jan Davis Way to consolidate the company’s three operations that are currently scattered around Huntsville. The new facility will be expandable for future growth. Design and engineering is expected to be 90% complete by March 2, 2006, and construction is anticipated to begin thereafter, with overall completion slated for the spring of 2007.

Fuqua and Partners, located in Huntsville, Alabama, is providing architectural design services for the new facility. Turner Universal, located in Huntsville, Alabama, was awarded general construction services for the new plant.

Raytheon Company is headquartered in Waltham, Massachusetts and employs over 600 people at four facilities all located in Huntsville. Raytheon provides radar, reconnaissance, and targeting and missile systems to defense contractors. The company also designs and manufactures radios, air traffic control systems and satellite communication systems. Roughly three-quarters of the company’s sales is to the United States government. In 2004, the company had approximately 79,000 employees nationwide.

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