- BAE Systems ( OTCPK:BAESY ) has invested over $100M to build an engineering and manufacturing center of excellence in Cedar Rapids, Iowa.
- The newly opened 278,000 sq ft facility is home to BAE Systems' Navigation and Sensor Systems business and is part of a broader strategic investment by the company across the country to support business growth, manufacturing capacity, and workforce expansion.
- The site will provide flexible product flow to optimize efficiency, with room for growth. It will accommodate over 800 employees.
For further details see:
BAE Systems opens $100M facility in Cedar Rapids