Raytheon will relocate its Space and Airborne Systems headquarters, one of the company’s four business units, from El Segundo, California to McKinney, Texas, just north of Dallas.
The move is part of a continuing migration of aerospace companies (along with other industries) from California to Texas. In July 2012, XCOR Aerospace announced that it is moving its headquarters from Mojave, California to Midland, Texas — a move that is expected to occur later this year.
Raytheon already has 8,000 employees in North Texas. The move will add an additional 170 jobs.
No shock here. Califormina has declared war on its businesses and is hellbent to tax them into oblivion. Worst, they act surprised that the businesses pack up and leave.