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RTXBullishCorporate Developmentsnews
High materiality8/10

RTX expands Forest, Mississippi facility with $50M capex and 100 jobs

Aug 27, 2026, 11:03 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Material capex and job creation at a strategic facility are positive signals for RTX’s defense segment and potential backlog conversion, though immediate revenue impact may be modest until contracts are awarded and production ramps.

AI summary

What happened, with direct paths to the underlying reporting

RTX (Raytheon) completed a $50 million expansion at its Forest, Mississippi facility, expanding by 17,000 square feet and increasing total manufacturing space to 445,000 square feet. The project aims to boost NGJ-MB pod production for the U.S. Navy and Australia, with 100 high-skill jobs to be created by 2028. The move reinforces RTX’s defense-capacity buildout and regional manufacturing footprint amid ongoing government programs.

  • RTX completes a $50 million Forest, MS expansion, adding 100 high-skill jobs by 2028.
  • The 17,000 sq ft expansion grows the Forest site to 445,000 sq ft.
  • NGJ-MB pod production for US Navy and Australia to be scaled at the facility.
  • Past decade expansions total $280 million in capex at the site.
  • Gov. Reeves and Sen. Wicker tout expansion as national security and economic win.

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