Raytheon buys Virtual Technology
In a move to broaden its command and control and modeling and simulation capabilities, Raytheon Co. has acquired Virtual Technology Corp.
Raytheon Co. has acquired modeling and simulation company Virtual Technology Corp. Terms of the deal were not disclosed.
The acquisition will expand Raytheon's command and control and modeling and simulation capabilities, company officials said in a statement announcing the purchase.
Virtual technology of Alexandria, Va. furnishes mission support for the Joint Automated Deep Operations Coordination System, a Defense Department tool for battlefield planning that it developed and fielded to more than 5,000 users. The privately held company has about 125 employees.
Raytheon of Waltham, Mass., has about 80,000 employees and had annual sales of $21.9 billion in 2005. The company ranks No. 6 on Washington Technology's 2006 Top 100 list of the largest federal IT contractors.