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Business/Financial

AMERGINT To Acquire Space-Based Optics Business Of Raytheon Technologies

By Cal Biesecker

Monday, April 20th, 2020

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AMERGINT To Acquire Space-Based Optics Business Of Raytheon Technologies

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…

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