Search

BAE To Acquire UTC’s Military GPS Unit, Raytheon’s Airborne Radio Business For $2.2 Billion

BAE To Acquire UTC’s Military GPS Unit, Raytheon’s Airborne Radio Business For $2.2 Billion
Jerry DeMuro, president and CEO of BAE Systems, Inc. Photo: BAE Systems

BAE Systems, Inc. on Monday said it has agreed to acquire the military GPS business of United Technologies Corp. [UTX] and the airborne tactical radios (ATR) business of Raytheon [RTN] for a combined $2.2 billion in cash, deals that would add new capabilities in strong demand by U.S. defense customers. The divestiture of the two businesses is required by U.S. anti-trust authorities as part of the pending merger between UTC and Raytheon. BAE Systems, Inc., which is the U.S.-based business…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

UPDATE: Eagle Safe Surfaces Colorado Inc. (Englewood, Colorado (SPE8EC-26-D-0006) – $139,000,000),

UPDATE: Eagle Safe Surfaces Colorado Inc.,*  Englewood, Colorado (SPE8EC-26-D-0006, $139,000,000), has been added as an awardee to the multiple award contract for snow removal equipment, issued against solicitation SPE8EC-21-R-0008 and awarded Jan. 20, 2023. The contracting activity is Defense Logistics…


AvKARE LLC (Pulaski, Tennessee) – $12,915,328

AvKARE LLC, Pulaski, Tennessee, has been awarded an estimated $12,915,328 firm-fixed-price requirements contract for telmisartan tablets. This was a competitive acquisition with nine responses received. This is a one-year base contract with four one-year option periods. Locations of performance are…


Bernard Cap LLC (Hialeah, Florida) – $18,857,146

Bernard Cap LLC,* Hialeah, Florida, has been awarded a maximum $18,857,146 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for green service uniform garrison caps. This was a competitive acquisition with six responses received. This is a five-year contract with no option periods. The ordering…


Science Applications International Corp. (Reston, Virginia) – $26,253,706

Science Applications International Corp., Reston, Virginia, has been awarded a $26,253,706 cost-plus-fixed-fee contract in support of Air Force modeling simulation sustainment support. The Air Force modeling and simulation services support (AFMS3) contract provides comprehensive support to the Department of the…