The leading aerospace technology company Raytheon Technologies announced to acquire Colorado based Blue Canyon Technologies, a leading provider of small satellites and spacecraft systems components.
- Blue Canyon Technologies will report into Raytheon Intelligence & Space upon closing
- The Blue Canyon Technologies has more than 90 satellites in production, and has supported missions for the U.S. Air Force, NASA and the Defense Advanced Research Projects Agency.
The major collaborations and contracts by Raytheon in last one year are mentioned below:
March 2020: Raytheon announced that the U.S. Army had awarded a $551 million contract to begin production of the combat-proven Patriot air and missile defense system for the Kingdom of Bahrain.
February 2020: Raytheon announced to develop cyber solutions for the defense of operational and information technology (OT/IT) systems with IronNet Cybersecurity Inc.. These solutions would integrate managed security services with advanced analysis and threat sharing tools including IronNet’s collective defense platform, and its network traffic analysis software, to potentially bring new solutions for enterprise protection.
December 2019: Raytheon Company was awarded $768 million advanced medium range Air-to-Air Missile contract from U.S. Air Force. This contract provides for the production of the AMRAAM missiles, captive air training missiles, guidance sections, AMRAAM telemetry system, spares and other production engineering support hardware.
November 2019: Raytheon Company announced a collaboration with Red Hat to develop a new, security-focused software development solution, known as DevSecOps, for enterprise environments.
Raytheon headquartered in Waltham, Massachusetts, the USA, is an international aerospace and defense company. The company is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects and mission support for customers in about 80 countries of the world. The company has approximately 67,000 employees across the world.