BAE Systems announced Tuesday that it has opened a new $150 million engineering and production facility in Austin.

The 390,000-square-foot facility is located in Parmer Austin Business Park. BAE Systems plans to use half of the facility for manufacturing. The company has 700 employees in Austin and plans to double its workforce.

“The new campus also includes engineering, design, laboratory, and office space,” according to a news release. The campus is located near Capital Factory, where BAE Systems is a member of Capital Factory’s Innovation Council. It collaborates with startups and small businesses to accelerate the development of new defense technology.

“We are growing our business, our talent, and our brand in Central Texas,” Dave Harrold, vice president and general manager of Countermeasure & Electromagnetic Attack Solutions at BAE Systems Electronic Systems, said in a news release. “Our goal is to double our workforce in Austin over the next several years.”

BAE Systems operations focus on autonomy, cyber, and sensor development. Its work will also focus on new and existing programs including the design, development, and manufacturing of radio frequency and electro-optical/infrared countermeasure systems, as well as aircraft electrification technology.

“BAE Systems and its legacy companies have been in the Austin area for more than 65 years,” Scott Hatch, director of the Austin Business Center, said in a news release. “Our company has been a global leader in technology for generations. Now we’re excited to have innovative Texas talent continue to take us to the next level.”

The new Austin site is part of BAE Systems Electronic Systems sector. The company is hiring.