RTX’s Raytheon Expands to The Refinery at New University of Arizona Tech Park at The Bridges
Raytheon, an RTX (NYSE: RTX) business, establishes operations at the new University of Arizona (UA) Tech Park at The Bridges, just minutes away from the university’s main campus.
Raytheon’s expansion is the result of a $6.5M capital investment that will create over 100 high skill jobs in approximately 14,000 square feet of office space. The company hires a record number of UA graduates at all skill levels, with an emphasis on engineering and other higher-wage, technical positions. The company also has a strong internship program with many University of Arizona students benefiting from the mentorship and applied learning experience.
“Southern Arizona continues to be an attractive destination for our company to grow, largely because of our partnership with the University of Arizona,” said Wes Kremer, president of Raytheon. “This latest expansion will not only strengthen our connection with them but with the broader community at-large.”
Raytheon is the first corporate tenant at the multitenant building in the park called The Refinery, sharing a secure floor with UA Applied Research Corp., or UAARC, a nonprofit corporation that handles national security projects for government and industry. The building's name, The Refinery, emphasizes its proximity to the talent and sharp minds that can be mined from the university.
Raytheon is a longstanding partner with UA through its workforce, innovation and technology initiatives. The company is also one of the largest tenants in the UA Tech Park at Rita Road since establishing its operations there in 1993. The park has served as an ideal business location for the company for years, and the same world-class team is invested in its success at the new location.
A private ribbon cutting event was led by Raytheon President Wes Kremer Raytheon and the University of Arizona President Robert Robbins.
From left to right: John Otto, Senior Director, Raytheon; Wes Kremer, CEO, Raytheon; Robert C. Robbins, President, the University of Arizona; Carol Stewart, Vice President, Tech Parks Arizona; Matt Jensen, Partner, The Boyer Company
About Raytheon
Raytheon, an RTX business, is a leading provider of offensive and defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, offensive and defensive cybersecurity tools, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.
About RTX
RTX is the world's largest aerospace and defense company. With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2022 sales of $67 billion, is headquartered in Arlington, Virginia.
About Tech Parks Arizona
Tech Parks Arizona creates the “Interactive Ground” that generates, attracts and retains technology companies and talent in alignment with the research, mission and goals of the University of Arizona. Tech Parks Arizona directs the UA Tech Park, the UA Tech Park at The Bridges and the University of Arizona Center for Innovation incubator, placing the highest priority on recruiting companies desiring connectivity to the University of Arizona.
Published on December 19, 2023
