BAE Systems Acquires 130,000-Square-Foot Colorado Facility, Plans More Than 200 Jobs
Article excerpt
Highlighted: the sentence this signal was extracted from
BAE Systems (LON: BA), a global aerospace and defense company, has acquired a 130,000-square-foot production facility in Weld County, Colorado, expanding its advanced manufacturing operations to support growing demand for space-based hardware and sensor systems. The property, situated on approximately 13 acres in Northern Colorado, will become BAE Systems' first manufacturing facility in Weld County and add production capacity to its existing operations in Boulder, Broomfield and Westminster. The company expects to hire more than 200 employees over the next 12 to 24 months to support the new operation. At full capacity, the facility could employ approximately 600 people. BAE Systems plans to begin retrofitting the building and procuring manufacturing equipment during the remainder of 2026, with production operations expected to begin in early 2028. The acquisition represents an expansion of the company's Colorado manufacturing footprint as it invests in infrastructure to meet customer requirements for aerospace and space-related technologies. Financial terms of the property acquisition and the total anticipated investment in building improvements and production equipment were not disclosed. "We look forward to expanding our production capabilities in Colorado with our first facility in Weld County," said Alexis Wang, vice president of operations for BAE Systems. Wang said...
Keep reading with a free account
The rest of this article, and every signal for BAE Systems, is in your free account.
