Raytheon to boost expertise in small satellites, space sensors with acquisition of Blue Canyon Technologies
WALTHAM, Mass. – Raytheon Technologies has agreed to acquire the privately held Blue Canyon Technologies, a provider of small satellites, spacecraft systems, and spacecraft components. Electronics Weekly reports. Continue reading original article
The Military & Aerospace Electronics take:
7 Dec. 2020 -- The companies expect the acquisition to be completed by early 2021, subject to regulatory approvals. Blue Canyon Technologies will report into Raytheon Intelligence & Space, one of the businesses that make up Raytheon Technologies.
"This acquisition enables us to deliver a broader range of solutions to support our customers’ space missions – from sensing subsystems to mission systems integration and from launch and range support to on-orbit operations," says Roy Azevedo, president of Raytheon Intelligence & Space.
Raytheon Intelligence & Space specializes in military and aerospace sensors and related technologies. It is a $14 billion revenue company in 2019, is headquartered in Arlington, Virginia. It is one of four businesses that form Raytheon Technologies Corp.
John Keller, chief editor
Military & Aerospace Electronics
