BAE To Move Segments of Control and Avionics Unit to Texas

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

Verified

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 from New York to a new 390,000-square-foot facility.
This expansion is part of a $150 million investment, aiming to double its current 700+ Austin workforce to 1,400 employees, with an immediate addition of 100 jobs by early 2023.
Austin was chosen for its strong engineering talent pipeline and will be central to developing safety-critical controls, power systems for aircraft, and accelerating BAE's initiatives in vehicle electrification for sustainable air transportation.

See a mistake? Contact us.

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.