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Raytheon Finalizes SEAKR Engineering Acquisition

November 29, 2021

Raytheon Technologies (NYSE: RTX) has completed the acquisition of privately-held SEAKR Engineering LLC, a leading supplier of advanced space electronics.

Now a wholly-owned subsidiary of Raytheon Technologies, SEAKR Engineering reports into Raytheon Intelligence & Space, one of four RTX businesses.

“Today’s growing space market demands greater innovation, technological expertise and ability to deliver to a higher space standard faster,” said Roy Azevedo, president of Raytheon Intelligence & Space. “SEAKR Engineering provides depth and strength across all these areas with a portfolio of proven space electronics and a forward-leaning culture of commitment, and we welcome them to the RI&S team.”

Founded in 1981 by the Anderson family, SEAKR Engineering supplies space qualified state-of-the-art electronics for advanced processors, networked systems, reconfigurable radio frequency and electro-optical payloads, and digital channelizers and beamformers. These systems use SEAKR’s Radiation Hardened system By Design, or RHBD, techniques that have been deployed in more than 300 space missions with a 100% on-orbit success rate.

Raytheon Intelligence & Space delivers the disruptive technologies our customers need to succeed in any domain, against any challenge. A developer of advanced sensors, training, and cyber and software solutions, Raytheon Intelligence & Space provides a decisive advantage to civil, military and commercial customers in more than 46 countries around the world. Headquartered in Arlington, Virginia, the business generated $15 billion in adjusted pro forma annual revenue in 2020 and has 37,000 employees worldwide. Raytheon Intelligence & Space is one of four businesses that form Raytheon Technologies Corporation.

Filed Under: Mergers & Acquisitions, Missions & Constellations

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