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What a Raytheon merger can mean for Tucson




TUCSON, Ariz. – It is Tucson's largest private employer, and it can be much larger.

Raytheon is working for a merger – with another big technological company.

So what can a merger mean to our area?

Raytheon is Pima County's largest private employer

with about 12,000 employees and $ 2.1 billion in total impact on the area's economy

.

Now Raytheon is working for a merger with another tech giant ̵[ads1]1; United Technologies.

The companies

outline their rationale on a common site

.

While Raytheon is strong in products such as weapons and radars, United Technologies is a leader in jet engines and aircraft components for military and civilian aircraft.

Because there is little if any overlaps in what the two companies do, Pima County Economic Development Director John Moffatt does not assume a merger spread Raytheon works here.

"But certainly Raytheon missile systems are not something that United Technologies has done. So we feel you know it's probably free as opposed to competition."

Raytheon is on a buildi Ng boom in Tucson, expanding facilities and adding jobs.

Roads and roadworks near Raytheon's Tucson area are an example of the municipality's commitment to keeping Raytheon here and growing. A new road was actually diverted to the south to ensure that the facility would still have space to expand.

The area around Raytheon has already attracted other technology companies. Tucson Mayor Jonathan Rothschild believes that a merger with United Technologies could accelerate it.

"Especially a spaceflight and defense company, when they look around the country, if they see a company like Raytheon, they know they can have a clear They know they, for example, have a university that has an engineering school that supplies Raytheon, Many employees, and that means it can feed many other employees. "

And both city and county officials say when companies come together, they will want to meet new business leaders to learn what they are planning for the future.



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