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Raytheon Acquires Directed Energy Assets of Ktech Corporation; Lawrence Comments

Raytheon (NYSE: RTN) has acquired key business assets of Ktech Corporation for an undisclosed amount. The deal is not expected to materially impact Raytheon’s 2011 sales or earnings.

The non-kinetic assets, which do not cause effects through explosion or physical momentum, will become part of Raytheon’s Missile Systems business. Raytheon said Ktech’s compact pulsed power systems and high-efficiency magnetron technology will increase its capacity to integrate directed energy weapons on combat platforms.

Raytheon will also acquire Ktech’s linear accelerator technology, high-power microwave and RF and particle code simulation capabilities.

“Ktech’s expertise in directed energy and pulsed power make it a natural fit with Raytheon’s advanced security and directed energy systems product line, ” said Dr. Taylor W. Lawrence, Raytheon Missile Systems president. “Ktech brings world-class people, technology and strong relationships with the U.S. Air Force Research Laboratory and Sandia National Laboratories to Raytheon and its customers.”

 

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