On Veterans Day, Raytheon (IW 500/40), a defense contractor, announced it will add 150 new jobs with the potential to increase to more than 200 due to the expansion at its Forest, Miss plant.
In addition to marking the national holiday the day also was the 30th anniversary of its Forest Consolidated Manufacturing Center.
“Raytheon has been a valued partner to the state of Mississippi and our strong defense industry for 30 years, and I am grateful to the company for further strengthening its roots here and creating so many new jobs for our workforce,” said Gov. Phil Bryant.
Raytheon’s Forest location currently employs more than 700 workers. “Forest has consistently contributed to Raytheon’s manufacturing prowess and affordability since we opened our doors here in 1983,” said Raytheon Space and Airborne Systems President Rick Yuse. “During three decades, we have added more than 30 programs and expanded to three shifts per day.”
The Mississippi Development Authority provided assistance in support of the project for infrastructure and renovation needs.
Headquartered in Waltham, Mass., Raytheon’s 2012 sales totaled $24 billion. The company employs 68,000 worldwide.