By Ryan Randazzo | The Republic
Raytheon Missile Systems unveiled the first phase of a $550 million expansion to its Tucson facilities Thursday including new laboratory, missile testing and office space.
The company announced a 2,000-worker expansion two years ago that was aided by a $5 million grant from the state of Arizona. The new buildings with 559,000 square feet of commercial space are the result of that effort.
The buildings are expected to be complete by the end of the year, but the company has already hired nearly all of the workers it promised when the state announced the grant, said Taylor Lawrence, president of Raytheon Missile Systems.