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What a Raytheon fusion could mean for Tucson



TUCSON, Arizona – It's Tucson's largest private employer and may become much larger.

Raytheon seeks a merger with another major technology company.

So what could a merger mean for our area?

Raytheon is Pima County's largest private employer

with approximately 12,000 employees and a $ 2.1 billion total impact on the economy of Arizona

.

Now Raytheon is working on a merger with another technology group ̵

1; United Technologies.

The companies

explain their reasons in a common website.

While Raytheon is strong in products such as weapons and radar, United Technologies is a leading supplier of jet engines and aircraft components for military and civil aircraft.

With little or no overlap between the two companies' activities, John Moffatt, Pima County's Director of Economic Development, has no plans to merge Raytheon's workplaces.

"But Raytheon missile systems are certainly not what United Technologies did, so we think you know they're likely to complement each other, unlike the competition."

Raytheon is on a construction boom in Tucson, expanding facilities and creating jobs.

Roads and road works near the Raytheon site in Tucson are an example of the local government's commitment to keeping and growing Raytheon here. In fact, a new road has been redirected south to make sure the plant has room for expansion.

The Raytheon area has already attracted other technology companies. The mayor of Tucson, Jonathan Rothschild, believes a merger with United Technologies could accelerate this.

"In particular, an aerospace and defense company that looks around the country and sees a company like Raytheon knows it may be operational. You know they have a university that has an engineering school, Raytheon, for example And that means she can feed many other employees. "

And both city and district officials Let's say that when the companies get together, they want to meet with the executives of the new company to find out what plan for the future.


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