Looks like Texas has poached at least one California-based company out of the Golden State.
Raytheon, a major defense contractor and manufacturer, announced Thursday that it is moving one of its businesses’ headquarters, currently located in El Segundo, California, to McKinney, Texas.
The business, Raytheon’s Space and Airborne Systems, is worth $6 billion, and is reportedly bringing about 170 jobs to the Lone Star State.
From Dallas Business Journal:
Real estate sources say the move will bring about 170 jobs, which have an average salary of $250,000.
In a written statement, Gov. Rick Perry said the relocation to Texas from California was further proof the state’s highly-skilled and competitive workforce will continue to attract technology companies large and small, such as Raytheon’s business unit.
Along with the move, a number of employees from a Garland Raytheon office will move to McKinney, Desilets said. He was unable to share the number of employees moving within North Texas.
