BAESF - BAE Systems opens new $150M Austin Texas facility
- BAE Systems ( OTCPK:BAESY ) has opened its new $150M engineering and production facility in Austin, Texas.
- Nearly 700 people are based at the campus, with a goal to eventually double the workforce.
- The 390,000-square-foot facility is located in Parmer Austin Business Park.
- At the new site, the company has expanded its state-of-the-art manufacturing capability with a streamlined design that is easily reconfigurable to match evolving technologies.
- Half of the facility will be dedicated to manufacturing.
- The new Austin site is part of BAE Systems’ Electronic Systems sector, a global leader in researching, developing, implementing, and maintaining cutting-edge commercial, defense, and space electronics.
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BAE Systems opens new $150M Austin, Texas facility