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Business/Financial

Raytheon Technologies Acquires SEAKR Engineering

By Cal Biesecker

Monday, November 29th, 2021

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Raytheon Technologies Acquires SEAKR Engineering

SEAKR Engineering's products include data management systems. Photo: SEAKR Engineering

Raytheon Technologies [RTX] on Monday said its Intelligence & Space segment has completed its acquisition of SEAKR Engineering in a deal that strengthens its space business. Terms of the acquisition, first announced in September, were not disclosed. Colorado-based SEAKR has more than 540 employees. “Today’s growing space market demands greater innovation, technological expertise and ability to deliver to a higher space standard faster,” Roy Azevedo, president of Raytheon Intelligence & Space, said in a statement. “SEAKR Engineering provides depth and…

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