Raytheon Technologies finds buyer for final required sale

Raytheon Technologies has found a buyer for the third business that federal antitrust regulators said it had to sell as a condition of its April merger.

In a release Monday, Amergint Technologies said it will acquire the space-based precision optics business of Raytheon Technologies. Terms of the transaction were undisclosed and the deal is subject to its own regulatory approval.

The Danbury, Connecticut-based optics business makes electro-optical systems for national security space and defense survivability missions. The unit is part of Collins Aerospace, which was a unit of the former United Technologies Corp. and now is one of four Raytheon Technologies business segments.

Amergint is headquartered in Colorado Springs, Colorado, and provides software-defined technology to space customers in the military, intelligence and commercial segments. The 12-year-old company touts its products as helping to manage the capture, processing, transportation and usage of mission data for communication and data links.

BAE Systems’ U.S. subsidiary was lined up in January as the buyer of the Collins Aerospace military GPS business and Raytheon airborne tactical radio division, both of which the Justice Department required divestitures of as a precondition for the Raytheon-UTC merger to go forward.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also connect with him on LinkedIn.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above.


WT Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.