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Business/Financial

Raytheon Technologies To Acquire Space Electronics Company SEAKR Engineering

By Cal Biesecker

Tuesday, September 14th, 2021

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Raytheon Technologies To Acquire Space Electronics Company SEAKR Engineering

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

Raytheon Technologies [RTX] on Tuesday said it has agreed to acquire SEAKR Engineering in a deal that strengthens its space business with a suite of space electronics products. Terms of the deal, which is subject to regulatory approvals, were not disclosed. Colorado-based SEAKR has more than 540 employees. Once the deal closes, SEAKR will become part of the Raytheon Intelligence & Space segment. “Our investment strategy accelerates our agility in meeting a higher standard of performance—the space standard—and expands our…

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