Raytheon Acquires BBN Technologies
Raytheon, which recorded over $23 billion in revenue for 2008, announced recently that it has settled on terms to purchase BBN Technologies, a R & D company involved in the development of the internet. Raytheon is looking to build its capacity as a leading player in technology services to the government, to better compete with large integrators like Northrop Grumman and Booz Allen Hamiliton.
GovConWire reserves the right to remove any and all comments that do not comply with the comment guidelines contained below. These include comments that are spam and/or use profanity, make personal attacks, or contain other inappropriate comments or material, including libelous or offensive statements.