Raytheon hosts its first UK space trade mission to the USA
EL SEGUNDO, Calif., (February 18, 2020) – Raytheon Company (NYSE: RTN), in collaboration with the United Kingdom’s Department for International Trade, welcomed more than two dozen British businesses to a UK Space Supplier Conference in Los Angeles, California. The conference created opportunities for small and medium-sized British businesses to enter the fast-moving and dynamic space sector.
“In 2016 and 2017, this sector contributed £14.8 billion to the UK economy, while exports reached £5.5 billion,” said Mike Short, chief scientific advisor at the UK Department for International Trade. “This conference represents an excellent opportunity for British businesses to gain experience of global supply chains. As we work with more partners overseas, I hope to see the sector continue to grow.”
The conference featured speakers from across Raytheon functions, including program leadership, business development, engineering and supply chain. Raytheon shared space technologies and business opportunities, as well as detailed requirements about how to become a supplier to Raytheon.
“Small and medium-sized businesses are integral to the success of the UK’s space industry,” said Matt Magaña, senior director for Raytheon Space Systems. “Our collaboration with the Department for International Trade boosts the country’s rapidly expanding space industry even further.”
Raytheon is committed to deepening its investments in the UK’s Space technologies and skills over the long term. This and future trade missions will support UK’s ambitious growth plans for the sector.
About Raytheon UK
Raytheon UK a subsidiary of Raytheon Company, has presence across England, Scotland Wales. With facilities in Broughton, Waddington, Glenrothes, Harlow, Gloucester and Manchester, Raytheon UK is invested in the British workforce and the development of UK technology. Across the country the company employs 1,700 people. As a prime contractor and major supplier to the U.K. Ministry of Defence and other government departments, Raytheon continues to invest in research & development, supporting innovation and technological advances across the country.
Raytheon Company, with 2019 sales of $29 billion and 70,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 98 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I® products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.
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