Mississippi’s on the technology radar… in a big way.
Raytheon announced the defense contractor will expand radar manufacturing capabilities at their facility in Forest. The expansion is a $100-million corporate investment expected to create dozens of new jobs over the course of the next five years.
“Raytheon recognizes the value of continued investment in the state of Mississippi,” Gov. Phil Bryant said. “Together, along with Raytheon’s outstanding employees, we will continue supporting the U.S. military and strengthening our national defense through the innovative, high-tech radar systems developed in East Mississippi.”
The Forest facility will also serve as a testing hub. The radars produced will be used for the U.S. Navy’s next generation of spy planes and for the Air and Missle Defense Radar program.
“Construction of a new radar production facility is the next step in our decades-long partnership with the state of Mississippi and its highly skilled workforce,” said Wes Kramer, president of Raytheon’s Integrated Defense Systems business. “Together we will integrate, test and deliver the most technologically advanced military radar systems to our U.S. and international customers.”
The Mississippi Development Authority is providing assistance for site preparation and infrastructure improvements. Mississippi Works funds are also being made available to assist with workforce training. Scott County is providing assistance in the form of a fee-in-lieu of taxes agreement.
Mississippi Works funds will provide workforce training. The Mississippi Development Authority will assist with funding for site prep and infrastructure needs. On the local level, Scott County will provide additional tax incentives.
Construction will begin this summer with completion expected in 2020.