The European Commission has conditionally approved, under the EU Merger Regulation, the proposed acquisition of Raytheon by United Technologies Corporation (UTC). The approval is conditional on the divestiture of a remedy package. The transaction combines UTC’s aerospace businesses and Raytheon’s defence business. Both companies are global suppliers of military systems and equipment ...
Raytheon has completed the first round of testing of the first partially populated radar antenna array for the US Army’s Lower Tier Air and Missile Defense Sensor, or LTAMDS. The milestone comes less than five months after the US Army selected Raytheon to build LTAMDS, a next-generation radar that will defeat ...
Official DPRTE Partners, Raytheon and the UK’s Department for International Trade, have collaborated to welcome more than two dozen British businesses to a UK Space Supplier Conference in Los Angeles, California. The conference created opportunities for small and medium-sized British businesses to enter the fast-moving and dynamic space sector. “In 2016 and ...
Raytheon and the US Navy successfully flight tested the first SM-2 surface-to-air missile from the company’s restarted production line. The Raytheon SM-2 Block IIIB missile launched, flew and provided accurate telemetry data to the range, and engaged an airborne Navy target. SM-2 allows navies to defend against anti-ship missiles and aircraft. Raytheon and the ...