December 18: Raytheon

Raytheon is one of the many gifts of Loudoun this holiday season. This is one story in a series of 31 that highlight #LoudounPossible opportunities in the county. Check back every day in December to learn more!

Raytheon Technologies renewed its 521,000-square-foot, three-building lease at Loudoun County’s Pacific Park in Dulles, Va. The site of the former AOL headquarters has been leased by Raytheon since 2010 and is currently home to thousands of jobs in the company’s Intelligence & Space campus.

“Raytheon Technologies is one of the world’s largest defense and aerospace companies and one of Loudoun’s largest employers, so completing this deal was a major priority for our economic development team,” Board of Supervisors Chair at Large Phyllis J. Randall said. “We are thankful for their continued investment and appreciate their confidence in Loudoun as great office location for their mission and their talented workforce.”

According to reports, the move was the largest business announcement in the second quarter for the Washington, D.C. region.

“This is a signature win for Loudoun County and extends a relationship that has been very positive for all sides. Since its arrival in 2010, Raytheon Technologies has consolidated its cybersecurity and IT operations in Dulles, leveraging the region’s top tech talent, Washington’s top decision-makers, and Loudoun’s top-notch business climate,” Loudoun Economic Development’s Executive Director Buddy Rizer said. “Along the way, Raytheon Technologies has been an engaged member of the community, partnering with Loudoun County Public Schools on STEM education initiatives and earning consistent accolades as a great place to work.”