M&A Deal Summary

RTX Acquires Blue Canyon Technologies

On November 10, 2020, RTX acquired aerospace company Blue Canyon Technologies

Acquisition Highlights
  • This is RTX’s 4th transaction in the Aerospace sector.
  • This is RTX’s 17th transaction in the United States.
  • This is RTX’s 1st transaction in Colorado.

M&A Deal Summary
Date 2020-11-10
Target Blue Canyon Technologies
Sector Aerospace
Buyer(s) RTX
Deal Type Add-on Acquisition
Advisor(s) Jefferies (Financial)

Target

Blue Canyon Technologies

Boulder, Colorado, United States
Blue Canyon Technologies, Inc. is a vertically integrated spacecraft manufacturer supporting nearly 40 unique missions with over 70 spacecraft. Blue Canyon Technologies was founded in 2008 and is based in Boulder, Colorado.

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Buyer(S) 1

Buyer

RTX

Arlington, Virginia, United States
Category Company
Founded 1934
Sector Diversified
Employees185,000
Revenue 68.9B USD (2023)
DESCRIPTION

RTX 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. RTX was founded in 1934 and is based in Arlington, Virginia.

DEAL STATS #
Overall 20 of 21
Sector (Aerospace) 4 of 4
Type (Add-on Acquisition) 16 of 17
State (Colorado) 1 of 2
Country (United States) 17 of 18
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 Raytheon Technologies - Collins Aerospace Military Global Positioning System Business

Farmington, Connecticut, United States

Raytheon Technologies Corp. - Collins Aerospace Military Global Positioning System (GPS) Business designs and produces advanced, hardened, and secure GPS products with a range of form factors, including products designed for space-constrained and harsh environments.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-10 Raytheon Technologies - Defense Training & Mission Critical Solutions Business Lines

Waltham, Connecticut, United States

Raytheon Technologies' Defense Training & Mission Critical Solutions Business Lines is a provider of training and sustainment services and products to the defense and commercial aerospace industries.

Sell -
Mergr

Product

Company

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