BAE Systems has announced the acquisition of the airborne tactical radios business of Raytheon Technologies Corporation, following receipt of regulatory and customary approvals, the company said.
The consideration of USD 275 million (GBP 218 million) has been funded from BAE Systems´ existing cash resources.
As a provider of airborne tactical radio solutions, the Radios business designs, manufactures and supplies a broad range of mission-critical communication systems to the US Department of Defense, allied governments and large defence aircraft manufacturers. These systems feature state of the art anti-jamming, multi-band, multi-channel and encryption capabilities, which are essential to secure communication.
The Radios business adds complementary positions in the airborne communications domain including software-defined radio capabilities and a catalogue of waveforms.
The business employs approximately 100 employees in locations in Indiana and Florida.