Raytheon Leases New Green Building at Aberdeen Proving Ground
St. Johns Properties, Inc. to break ground for new facility Dec. 14
ABERDEEN PROVING GROUND, Md., Dec. 14, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has signed a lease agreement with St. Johns Properties, Inc. for a new green building at Aberdeen Proving Ground (APG), Md., to improve collaboration with its customers.
St. Johns Properties plans to break ground Dec. 14, 2009, for construction of a 75,000 square foot, LEED-certified building. LEED is a third-party certification program for construction and operation of high-performance green buildings. The new facility is part of the Government and Technology Enterprise project, a technology, research and development business park for government and non-government users within APG.
"Establishing Raytheon's presence on the Aberdeen Proving Ground provides us the opportunity to expand our partnership with the Army and Team C4ISR," said Jerry Powlen, vice president, Raytheon Integrated Communications Systems. "Our close proximity with the customer will help to develop an innovative environment of collaboration and teaming."
Raytheon employees from the Towson, Md., and Fort Monmouth, N.J., locations will be affected by a move from those sites to the newly leased facility in late 2010.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contact: Kate Liscinsky 508.490.3149 Katherine_S_Liscinsky@raytheon.com
SOURCE: Raytheon Company
Web site: http://www.raytheon.com/
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