► BAE Systems completes Airborne Tactical Radios business acquisition
04 May
2020 – Further to the announcement of 20 January 2020, BAE Systems has
completed the acquisition of Raytheon Technologies Corporation’s Airborne
Tactical Radios business (“Radios business”), after receiving regulatory and
other customary approvals. The consideration of $275 million
(approximately £218 million) has been funded from BAE Systems’ existing cash
resources.
As a leading provider of airborne tactical radio solutions, the Radios business
designs, manufactures and supplies a broad range of mission-critical
communication systems to the US Department of Defense, allied governments and
large defence aircraft manufacturers. These systems feature state of the art
anti-jamming, multi-band, multi-channel and encryption capabilities, which are
essential to secure communication.
Over its long history of innovation, the Radios business has developed valuable
intellectual property in the secure radio communications domain resulting in a
significant installed base of radios across a number of military airborne
platforms in allied countries.
The Radios business is a strong strategic fit, adding complementary positions
in the airborne communications domain including software-defined radio
capabilities and a catalogue of waveforms.
The business employs approximately 100 employees in locations in Indiana and
Florida. The highly skilled engineering workforce and experienced management
team will join the C4ISR Systems business area of the Electronic Systems
sector.