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Raytheon Acquires Cyber Security Firm Serving Intel Community

Raytheon [RTN] has acquired Technology Associates, Inc. (TA), a small privately-owned firm specializing in life-cycle computer engineering for programs in the U.S. Intelligence community, boosting its capabilities in cyber security. Terms of the deal were not disclosed. Northern Virginia-based TA had $21.3 million in sales last year, $18.9 million in 2008 and $15.6 million in 2007. Raytheon said the deal would be immaterial to its sales and earnings this year. TA's core capabilities are in data extraction and analysis, digital…

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