The U.S. Space Force’s Space and Missile Systems Center has awarded BAE Systems a potential $247 million contract to design and build and manufacture a military GPS receiver and application-specific integrated circuit to provide warfighters with positioning, navigation and timing capabilities as they carry out missions in austere environments. The …
Read More »BAE Closes Purchase of Collins Aerospace’s Military GPS Business
BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.
Read More »BAE’s US Arm to Buy Two Businesses From Raytheon, UTC’s Collins Aerospace; Jerry DeMuro Quoted
BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) to secure the required antitrust approval for their pending merger.
Read More »Raytheon Enters Final Software Dev’t Phase for GPS OCX Effort; Dave Wajsgras Comments
TYSONS CORNER, VA, March 23, 2018 — Raytheon (NYSE: RTN) has advanced to the final phase in the development of software for a ground-based operational control system in support of the U.S. Air Force‘s GPS III satellites, ExecutiveBiz reported Wednesday. The company said Tuesday the final software development stage for the …
Read More »Raytheon Receives Exelis Encryptors for GPS OCX
TYSONS CORNER, VA April 17, 2015 — Executive Mosaic — Exelis (NYSE: XLS) has turned over six upgraded ground encryptors to Raytheon (NYSE: RTN) for insertion into the GPS OCX as part of the U.S. Air Force GPS modernization initiative, ExecutiveBiz reported Thursday. Exelis said Wednesday the subcontract work also includes encryptors …
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