M&A Deal Summary

Raytheon Technologies Acquires Raytheon

On June 9, 2019, Raytheon Technologies acquired defense company Raytheon

Acquisition Highlights
  • This is Raytheon Technologies’ 1st transaction in the Defense sector.
  • This is Raytheon Technologies’ 16th transaction in the United States.
  • This is Raytheon Technologies’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-06-09
Target Raytheon
Sector Defense
Buyer(s) Raytheon Technologies
Deal Type Merger
Advisor(s) Citigroup Investment Banking (Financial)
Shearman & Sterling (Legal)

Target

Raytheon

Waltham, Massachusetts, United States
website
Raytheon office in Burlington, Massachusetts.
Raytheon office in Burlington, Massachusetts.
Raytheon Company is a technology and innovation leader specializing in defense, security and civil markets throughout the world. Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services. Raytheon was established in 1922 and is based in Waltham, Massachusetts.

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Buyer(S) 1

Buyer

Raytheon Technologies

Waltham, Connecticut, United States

website

Category Company
Sector Diversified
Employees181,000
Revenue 56.6B USD (2020)
DESCRIPTION

Raytheon Technologies is a diversified producer of high technology products and services to the building systems and aerospace industries worldwide. The Company's business segments include Pratt & Whitney, UTC Aerospace Systems, and Raytheon which serve commercial and government customers in both the original equipment and aftermarket parts and services markets of the aerospace industry. Pratt & Whitney also provides products to certain industrial markets. Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects and mission support for customers in more than 80 countries.

DEAL STATS #
Overall 19 of 21
Sector (Defense) 1 of 2
Type (Merger) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 16 of 18
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-21 Predikto

Atlanta, Georgia, United States

Predikto, Inc. is a predictive analytics software company. Predikto provides actionable analytics solutions to improve visibility and equipment reliability of rail, aviation, and industrial fleets. Predikto, Inc. was founded in 2012 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 Unitec Elevator

Ozone Park, New York, United States

Unitec Elevator Co. is an independent provider of elevator maintenance, repair, and modernization services in New York City, New Jersey, and Long Island. Unitec Elevator is based in Ozone Park, New York.

Sell -
Mergr

Product

Company

Legal