BAE Systems Announces Expansion in Austin, Texas With a New Campus Development

URLhttps://www.businesswire.com/news/home/20200811005
SourceBusinesswire
Date Published08/11/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BAE Systems
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1400
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):$150
Country(ies) from which reshored:United Kingdom
City reshored to:Austin
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, defense, countermeasure systems.
Product(s) reshoredradio frequency & countermeasure systems
What non-domestic negative factors made offshoring less attractive?Delivery
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Impact on domestic economy, Proximity to customers/market
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