Colorado Chamber member Raytheon Technologies shared exciting news recently, signing a definitive agreement to acquire Centennial-based SEAKR Engineering, a leading supplier of advanced electronics for space applications. Closure of the acquisition, expected by year end, is subject to the completion of customary conditions and regulatory approvals. SEAKR Engineering will be a wholly owned subsidiary of RTX and will report into Raytheon Intelligence & Space (RI&S) upon closing.
“Our investment strategy accelerates our agility in meeting a higher standard of performance ― the space standard ― and expands our core space business with new applications that are shaping our world,” said Roy Azevedo, president of Raytheon Intelligence & Space. “With SEAKR Engineering, we are enhancing our capability to provide qualified systems faster. SEAKR’s culture of forward-thinking innovation will complement our ability to solve our space customers’ hardest problems.”
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics.