BAE Reaches Agreement To Acquire Units of Collins, Raytheon

GPS constellation
Credit: NOAA
BAE Systems, Inc. has reached agreements for the proposed purchase of Collins Aerospace’s military GPS business and Raytheon’s airborne tactical radios (ATR) division. The agreement is contingent on the merger of Raytheon and UTC, Collins’ parent company since 2018. The deal is worth about $2.2...

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