RTX (RTX) Breaks Ground on $115M Expansion in Alabama
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Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a
The expansion will also bring an estimated 185 new jobs to the area, growing RTX's employee footprint in
"This important investment in the
Raytheon's Redstone facility is the final integration point for many missile programs for the U.S. Missile Defense Agency, U.S. Navy, and other defense customers. The facility currently handles integration of nine variants of the Standard Missile family, including Standard Missile-3 and Standard Missile-6, and will accommodate additional defense programs, including the Glide Phase Interceptor (GPI).
GPI will be the first-ever interceptor to defeat the emerging threat of hypersonic glide vehicles in their vulnerable glide phase of flight. With the expansion of our Missile Integration Facility at Redstone, Raytheon is demonstrating its ability and commitment to continued GPI development.
The Redstone Raytheon Missile Integration Facility first opened in 2012. Expansion construction is scheduled to conclude in 2025.
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