After reaching a definitive agreement in January, BAE Systems has completed the acquisition of Raytheon Technologies’ airborne tactical radios (ATR) business, based in Fort Wayne, Indiana, and Largo, Florida.
The ATR business designs, manufactures and supplies mission-critical communications systems to the U.S. Department of Defense, allied governments and large defense aircraft manufacturers, with secure, battle-proven communications solutions installed on a broad range of airborne platforms.
The acquisition augments BAE Systems’ portfolio in airborne communications with broad spectrum, multi-band and multi-channel radios featuring anti-jamming and encryption capabilities. The ATR business also brings complementary waveform expertise to BAE Systems’ Electronic Systems Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) organization.
When the acquisition was announced, BAE Systems said it would pay Raytheon $275 million in cash and gain a tax benefit of approximately $50 million.
Jeff Jones, director of the ATR segment, said, "Moving forward, our focus will be on the successful integration of our businesses to maximize the value we offer to our customers. We look forward to exchanging ideas and learning from each other to foster a culture of innovation that will further enhance our technologies and product offerings to support our shared commitment to the warfighter.”
“The airborne radios business and its people are a great fit for BAE Systems. Together, we are excited about delivering game-changing electronic mission and control solutions to our collective customer base,” said Dave Logan, vice president and general manager of C4ISR Systems at BAE Systems.