Now a unit of Raytheon Co., Trusted Computer Solutions is taking its cross-domain thin-client technology into the Defense Department, the intelligence community and beyond.
Raytheon Co. completed its acquisition of Applied Signal Technology Inc. when the tender offer for all outstanding shares expired at midnight, Friday, January 28, 2011, the company announced today.
Raytheon Co. has signed a definitive agreement to acquire Applied Signal Technology Inc., a processor of communications signals for tactical and strategic intelligence missions, for $38 a share in cash, for an aggregate purchase price of approximately $490 million.
Raytheon Co. has acquired Trusted Computer Solutions, a Herndon, Va., provider of cross-domain, operating system and network security solutions. Financial terms were not reported.
Raytheon Co. has acquired Technology Associates Inc., a privately held provider of full life-cycle computer engineering to the U.S. intelligence community. Terms of the acquisition agreement were not disclosed.
Raytheon Co. has won two NASA contracts for satellite systems and infrared imaging technology that have a combined potential value of more than $1.7 billion over the next eight years.
Raytheon Co. will provide operations, engineering and software support for NASA under a new five-year contract from the space agency worth as much as $120 million.
Raytheon Co. will provide logistics support for the Army’s Battle Command Sustainment Support System under a three-year, indefinite-delivery, indefinite-quantity contract that could be worth as much as $90 million if all options are exercised.
Raytheon Co. will provide information technology support for Navy V-22 Osprey aircraft under a five-year, $250 million indefinite-delivery, indefinite-quantity contract.
Raytheon Co. has hired Mark Esper as vice president of government relations reporting to Thomas Culligan, chief executive officer of Raytheon International Inc.
Raytheon BBN Technologies has received an additional $6.14 million in funding from the Defense Advanced Research Projects Agency to continue work on the Multilingual Automatic Document Classification, Analysis and Translation program.
Thomas Kennedy has been named president of Raytheon Integrated Defense Systems, effective immediately, succeeding Daniel Smith, who will retire from the company July 30.
BBN Technologies, a subsidiary of Raytheon Co., has been awarded an additional $17 million contract by the Defense Advanced Research Projects Agency to complete the five-year Global Autonomous Language Exploitation program, known as GALE.