WASHINGTON – AMERGINT Technologies, Inc. in Colorado Springs, Colo., has completed the purchase of the Collins Aerospace space-based optics business from Raytheon Technologies Corp. C4ISRnet reports. Continue reading original article
The Military & Aerospace Electronics take:
11 Sept. 2020 -- The newly acquired business, which provides electro-optical systems for the U.S. Defense Department, will be renamed Danbury Mission Technologies.
The acquisition was one of the major divestitures required by the U.S. Department of Justice when it approved the merger of defense contracting giants United Technologies Corp. and Raytheon in March.
Along with the space-based optics business, the government mandated Raytheon Technologies sell its military airborne radios business and UTC’s military GPS business. The terms of the AMERGINT deal were not disclosed.
John Keller, chief editor
Military & Aerospace Electronics