TUCSON, Ariz., Jan. 26, 2015 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has acquired privately-held Sensintel, Inc., a leading
provider of unmanned aircraft systems (UAS) solutions to the
intelligence and special operations markets.
Located in Tucson with
approximately 50 employees, Sensintel will become part of Raytheon
Company's Missile Systems business. The transaction is not expected
to materially impact Raytheon's sales or earnings in the first
quarter or full year 2015. Terms of the agreement were not
disclosed.
"Sensintel's expertise in unmanned aircraft systems solutions
makes it a natural fit with Raytheon's Advanced Missile Systems
product line," said Dr. Taylor W.
Lawrence, Raytheon Missile Systems president. "The
acquisition of Sensintel enhances the growth prospects of our UAS
business and the advanced capabilities we can offer our
customers."
Sensintel brings additional strong talent, technology, and
relationships with the Special Operations Command (SOCOM), Office
of Naval Research and U.S. Air Force Research Laboratory to
Raytheon and its customers. The company is a leader in expendable
remote sensing and UAS engineering, serving both government and
commercial customers by optimizing and integrating mission-specific
sensors and sub-systems into manned and unmanned platforms. It also
provides training, technical and operational support to military,
scientific and commercial sectors.
About Raytheon
Raytheon Company, with 2013 sales of
$24
billion and 63,000 employees worldwide, is a
technology and innovation leader specializing in defense, security
and civil markets throughout the world. With a history of
innovation spanning 92 years, Raytheon provides
state-of-the-art electronics, mission systems integration and other
capabilities in the areas of sensing; effects; and command,
control, communications and intelligence systems, as well
as cyber security and a broad range of mission support
services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit
us at www.raytheon.com and follow us on Twitter
@Raytheon.
Media Contact
John B.
Patterson
+1.520.794.4559
rmspr@raytheon.com
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SOURCE Raytheon Company