AMERGINT Technologies on Monday said it has agreed to acquire the space-based optics business of Raytheon Technologies
[RTX], adding a new line of capabilities for the company.
Terms of the pending deal were not disclosed. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former Raytheon and United Technologies.
The space-based optics business has about 500 employees and was part of the UTC’s Collins Aerospace business.
The optics business designs and manufactures optics for reconnaissance satellites for Defense Department and international customers. The company’s senior management will stay on.
AMERGINT, which is based in Colorado, provides software-defined technology for military, intelligence and commercial customers that manage the capture, processing, transport and exploitation of mission data for communication and data links.
“For as long as the United States has recognized the need to observe Earth from space, this business has delivered technological breakthroughs to do so,” Larry Hill, AMERGINT’s CEO, said of the space-optics business. “We are proud to bring together their preeminent electro-optical capabilities with AMERGINT’s next-generation solutions for capturing, processing, transporting and exploiting mission critical data.”