Raytheon Technologies will renew 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.”
In addition to Raytheon’s three existing buildings, plans are under consideration to continue enhancements to the campus.
In June, the Human Rights Commission, a leading advocate for LGBTQ+ equality, named Raytheon Technologies one of the best places to work, noting the company’s deep commitment to ensuring equal rights for lesbian, gay, bisexual, transgender and queer employees. The company received a perfect 100 rating on HRC’s Corporate Equality Index, an annual survey of America’s top companies.
In addition to the Dulles Raytheon Intelligence & Space campus, Raytheon also acquired Collins Aerospace (formerly Rockwell Collins) in a 2020 merger with UTC. At the time of the acquisition, Collins Aerospace had more than 210,000 square feet of simulation and training space in Loudoun County.
For more information on employment opportunities with Raytheon Technologies, visit WorkInLoudoun.com.