Raytheon to acquire Applied Signal Technology

Posted by John McHale


WALTHAM, Mass., 25 Dec. 2010. Raytheon Co. (NYSE: RTN) announced that it has signed a definitive acquisition agreement with Applied Signal Technology, Inc. (Nasdaq: APSG). The acquisition strengthens both companies' intelligence, surveillance, and reconnaissance (ISR) offerings by combining Raytheon's radar and sensor products with Applied Signal's communications and signals technologies.


Nearly 90 percent of Applied Signal's sales are to classified users. The company's portfolio includes secure broadband network communications; cyber intelligence systems, software and analytics to address sophisticated cyberspace threats; electronic warfare solutions; and other advanced capabilities that enable customers to detect, evaluate and respond to potential threats. These systems are deployed on a range of platforms worldwide.


"Our history of innovation across a range of strategic and tactical ISR products and services, including significant scale in the fast-growing network intelligence space, together with Raytheon's technology portfolio and development expertise will create strong new capabilities for customers," says William B. Van Vleet, chief executive officer, Applied Signal Technology, Inc. Following completion of the transaction, Applied Signal will be integrated into Raytheon's Space and Airborne Systems (SAS) business. Applied Signal's capabilities offer opportunities for growth at SAS and across the Raytheon enterprise.


"Applied Signal aligns with our strategy of expanding participation in our customers' principal areas of need, particularly ISR systems," says Rick Yuse, president, SAS. "Joining Raytheon's radar, electro-optical/infrared sensors, and communications technologies with Applied Signal's SIGINT/COMINT systems will enhance our ability to deliver a full spectrum of integrated sensor solutions."


Under the terms of the agreement, Raytheon will commence a tender offer to purchase all of the outstanding shares of Applied Signal Technology, Inc. common stock at a price of $38.00 per share in cash for a purchase price of approximately $490 million, net of cash acquired. Pending the successful completion of the tender offer, the transaction is expected to close in the first quarter of 2011 subject to customary closing conditions and regulatory approvals. The agreement has been approved by the boards of directors of both companies.



Get All the Military Aerospace Electronics News Delivered to Your Inbox or Your Mailbox

Subscribe to Military Aerospace Electronics Magazine or email newsletter today at no cost and receive the latest information on:

  • C4ISR
  • Cyber Security
  • Embedded Computing
  • Unmanned Vehicles

Military & Aerospace Photos

Most Popular Articles

Related Products

XTend7103 | COM Express® Carrier for COM Express® Type 10 Mezzanine Modules

The XTend7103 is a COM Express® carrier card designed to provide a low-cost and compact platform ...

XPedite7575 | 5th Generation Intel® Core™ i7 Broadwell-H Processor-Based Conduction- or Air-Cooled 3U VPX-REDI Module

The XPedite7575 is a high-performance, 3U VPX-REDI, single board computer based on the 5th genera...

XPort6173 | 3U VPX Carrier for Two 2.5 in. Solid-State Drives (SSDs)

The XPort6173 supports two, standard, 2.5 in. Solid-State Drives (SSDs) in a single 0.8 in. or 1....

XCalibur1740 | Freescale QorIQ P2020 Processor-Based Conduction- or Air-Cooled 6U VPX Module

The XCalibur1740 is a high-performance, multiprocessing, 6U VPX, single board computer that is id...

XCalibur4444 | Intel® Core™ i7 Processor-Based Conduction-Cooled 6U VPX Module

The XCalibur4444 is a high-performance, multiprocessing, 6U VPX, single board computer that is id...

XPm2010 |3U cPCI PICMG 2.11 Power Supply with Integrated MIL-STD-461E

The XPm2010 is a PICMG 2.11 power supply that takes in a MIL-STD-704 28 VDC input voltage and pro...

XPedite7478 | Intel® Core™ i7 Processor-Based 3U VPX-REDI SBC with Integrated 1553 and CAN Bus

The XPedite7478 is a high-performance, low-power, 3U VPX-REDI, single board computer based on the...

XCalibur1840 | Freescale Twelve-Core T4240 Processor-Based Conduction- or Air-Cooled 6U VPX Module

The XCalibur1840 is a high-performance, 6U VPX, single board computer supporting Freescale QorIQ ...

XPedite7572 | 5th Gen Intel® Core™ i7 Broadwell-H Based Conduction- or Air-Cooled 3U VPX-REDI Module with SecureCOTS™

The XPedite7572 is a secure and high-performance, 3U VPX-REDI, single board computer based on the...

XPm2020 | 3U VPX Power Supply with Integrated MIL-STD-461E Filtering

The XPm2020 is a VITA 62-compliant 3U VPX power supply that takes in a MIL-STD-704 28 VDC input v...

Related Companies

Southwest Antennas

Designs and manufactures high-performance RF and Microwave antennas and accessories designed for today’s communicatio...

Curtiss-Wright Defense Solutions

About Curtiss-Wright Defense Solutions Curtiss-Wright Defense Solutions (CWDS) is a long established techno...

United Electronic Industries Inc

UEI is a leader in the PC/Ethernet data acquisition and control, Data Logger/Recorder and Programmable Automation Con...

Fabritech Inc

Fabritech was established in 1986 and specializes in the fabrication of EMI, RFI, and thermal shielded products made ...

NOVA Power Solutions Inc

Provides mission-critical rugged uninterruptable power supplies (UPS), power conditioners, and battery backup modules...

Sierra-Olympic Technologies Inc (SOTI)

Offers advanced infrared (IR) cameras (SWIR, MWIR, LWIR), thermal imaging components, MWIR/LWIR zoom optics and compl...


Is a mechanical engineering consulting company headquartered in Los Angeles, CA with operations in Billerica, MA, pro...


Spectracom supports mission-critical communications systems with precise and reliable time and frequency synchronizat...

Dspnor AS

Offers radar signal processing and distribution. The products interface to virtually any radar system in use today. T...


PALMARII Dynamics is a Swedish company incorporated in 2012 as a competence centre for specialist naval architecture ...


Harsh Environment Protection for Advanced Electronics and Components

This webinar will offer an opportunity to learn more about ultra-thin Parylene conformal coatings – how they are applied, applications they protect today, and the properties and benefits they offer, includin...

New Design Tools That Help You Develop Radar That Sees the Un-seeable and Detects the Undetectable

Xilinx EW/ISR System Architect, Luke Miller, has new tricks and he’s going to tell you all about them in a new Xilinx Webinar—for free. His Webinar will cover new ways to implement Radar functions including ...
Sponsored by:

Press Releases


Curtiss-Wright Corporation today announced that its Defense Solutions division has received a contract from Sierra Nevada Corporation (SNC) to supply its small form factor ...

Innovative Integration Announces the FMC-Servo

Camarillo, CA June 19, 2015, Innovative Integration, a trusted supplier of signal processing and data acquisition hardware and software solutions, today announced the FMC-S...


Curtiss-Wright Corporation today announced that its Defense Solutions division has further enhanced its innovative VRD1 high definition (HD) video management system (VMS) w...

All Access Sponsors

Mil & Aero Magazine

August 2015
Volume 26, Issue 8

Download Our Apps




Follow Us On...


Military & Aerospace Electronics

Weekly newsletter covering technical content, breaking news and product information

Cyber Security

Monthly newsletter covering cyber warfare, cyber security, information warfare, and information security technologies, products, contracts, and procurement opportunities

Defense Executive

Monthly newsletter covering business news and strategic insights for executive managers

Electronic Warfare

Quarterly newsletter covering technologies and applications in electronic warfare, cyber warfare, optical warfare, and spectrum warfare.

Embedded Computing Report

Monthly newsletter covering news on embedded computing in aerospace, defense and industrial-rugged applications

Unmanned Vehicles

Monthly newsletter covering news updates for designers of unmanned vehicles