BAE To Move Segments of Control and Avionics Unit to Texas

Monday, August 08, 2022 at 02:31 PM ET

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This facility will house engineering, manufacturing, laboratory, and office space for more than 1,400 employees. [Courtesy: Bae Systems]

Key Takeaways:

BAE Systems is significantly expanding its Austin, Texas operations by relocating segments of its control and avionics unit, aiming to add 100 jobs by 2023 and ultimately grow to 1,400 employees in a new 390,000 sq ft facility.
The relocation to Austin is strategically driven by the city's strong engineering talent pipeline from local universities and available space for labs, supporting innovation in areas like autonomy, cyber, and electronic warfare.
This expansion underscores BAE Systems' commitment to electrification and sustainability in the aviation market, focusing on developing safety-critical controls and power systems to reduce carbon emissions for air transport and urban air mobility.

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Aerospace and defense company BAE Systems [OTCMKTS: BAESY] is expanding its presence in Austin, Texas, by moving segments of its control and avionics unit to the city.

The move will bring an additional 100 jobs to Austin by 2023. It’s part of BAE’s $150 million investment in Austin, where the company said it would employ 1,400 workers in a 390,000-square-foot facility at Parmer Austin Business Park. Announced in 2020, the company said the location would primarily support U.S. Department of Defense customers.