MCKINNEY, Texas, 25 Jan. 2006. Raytheon Company has acquired Houston Associates, Inc. (HAI), a privately held company with proficiency in developing and operating mission-critical networks and network-centric command and control infrastructure applications, and in providing enterprise management services.
HAI, based in Arlington, Va., will become part of Raytheon's Network Centric Systems business. Financial terms of the acquisition were not disclosed.
"The acquisition of Houston Associates will broaden our ability to meet and exceed expanding customer program requirements within the Defense Information Systems Agency, other government agencies and private sector arenas," said Colin Schottlaender, president of Raytheon Network Centric Systems.
"Combining HAI's unique capabilities with Raytheon's program expertise will help expand our product lines, improve our competitiveness and enhance our overall growth potential in the marketplace."
Houston Associates' mission is to help its customers manage their complex distributed systems by providing a blend of experience, technical acumen, creativity, and customer service. From our inception in 1982 to the present, the company's goal has been clear: to make information available where it's needed, when it's needed, and in a format that can be readily understood.
Houston Associates' core business areas are telecommunications engineering and operations, network-centric enterprise services, health services solutions, and advanced training and eLearning solutions. Clients include the U.S. Department of Defense; federal, state and local government; and the commercial manufacturing and industrial markets. Houston Associates is headquartered in Arlington, Va. with other locations in the United States and overseas. For more information, see www.hai.com.
Raytheon Company, with 2004 sales of $20.2 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide. For more information, see www.raytheon.com.
