BAE Systems proposes purchase of Collins Aerospace and Raytheon business lines
BAE Systems has reached definitive agreements for the proposed acquisitions of Collins Aerospace’s military Global Positioning System (GPS) business and Raytheon’s Airborne Tactical Radios (ATR) business, the company announced on 20 January.
The two businesses are being sold in connection with obtaining the required antitrust clearances for the previously announced pending merger between Raytheon and United Technologies Corporation (UTC).
The proposed acquisitions are subject to the successful closure of the Raytheon-UTC transaction, as well as the satisfaction of other customary closing conditions, including receipt of the required US regulatory approvals.
Upon closure, both business lines would be integrated into BAE Systems’ Electronic Systems sector.
Jerry DeMuro, CEO of BAE Systems, said: ‘As militaries around the world increasingly operate in contested environments, the industry-leading, battle-tested products of these two businesses will complement and extend our existing portfolio of solutions we offer our customers.
‘This unique opportunity to acquire critical radio and GPS capabilities strengthens our position as a leading provider of defence electronics and communications systems, and further supports our alignment with the modernisation priorities of the US military and its partners.’
More from Digital Battlespace
-
![British Army’s ISR commander warns of new challenges facing defence forces]()
British Army’s ISR commander warns of new challenges facing defence forces
The race between using ISR and resisting the use of it by enemies has accelerated, leading to new methods and systems being required, according to the British Army’s lead on its ISR efforts.
-
![Push for greater use of open source data, says senior British officer]()
Push for greater use of open source data, says senior British officer
The huge amount of open source data available may not carry the weight of secret sources but it does carry substantial value, according to speakers at Defence IQ C4ISR Global conference in London.
-
![Jacobs wins MoD cyber-security support contract]()
Jacobs wins MoD cyber-security support contract
The deal with Jacobs will run until November 2027 and will see the company deliver a range of digital and IT specialist professional services to Defence Digital.
-
![Orbit upgrades two multi-purpose terminals and carries out land testing]()
Orbit upgrades two multi-purpose terminals and carries out land testing
The communications company has upgraded two of its Beyond Line-of-Sight Multi-Purpose Terminals (MBTs) by introducing advancements in satellite communication technology and AI-driven maintenance capabilities.
-
![Norway to receive maritime surveillance satellite data from Kongsberg]()
Norway to receive maritime surveillance satellite data from Kongsberg
Norway's Kongsberg Defence and Aerospace has announced that its subsidiary Kongsberg NanoAvionics will produce three satellites and launch them in 2025.
-
![First South Korean 425 Project observation satellite launched]()
First South Korean 425 Project observation satellite launched
In 2015, South Korea named a consortium of Korea Aerospace Industries (KAI) and Hanwha Systems, along with Thales Alenia Space providing the SAR payload derived from its HE-R1000 product, as preferred bidder to develop new Korea 425 Project reconnaissance satellites.
