Raytheon Technologies to acquire SEAKR Engineering.

Raytheon Technologies, a firm that researches, develops, and manufactures advanced technology products in the aerospace and defense industry, agreed to acquire SEAKR Engineering, a supplier of advanced space electronics. Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals. Financial terms were not disclosed. "Our investment strategy accelerates our agility in meeting a higher standard of performance ― the space standard ― and expands our core space business with new applications that are shaping our world. With SEAKR Engineering, we are enhancing our capability to provide qualified systems faster. SEAKR's culture of forward-thinking innovation will complement our ability to solve our space customers' hardest problems," Roy Azevedo, Raytheon President.