Announced
Completed
Financials
Tags
aerospace
Domestic
Aerospace
Friendly
Acquisition
Majority
Single Bidder
United States
Private
Completed
Synopsis
Vertex Aerospace, an aerospace defense company, completed the acquisition of the defense training and mission critical solutions business from Raytheon Technologies, an aerospace and defense conglomerate. Financial terms were not disclosed. "I look forward to welcoming over two thousand talented, dedicated and highly skilled employees to our team. I am certain that our combined competencies will create the most capable and accomplished team in the industry. This important acquisition significantly enhances our capabilities for new and existing customers and accelerates our strategy to deliver a more comprehensive suite of solutions to our customers globally," Ed Boyington, Vertex President and CEO.
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