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Business/Financial

Vertex Completes Acquisition Of RTC’s Training And Mission Solutions Businesses

By Cal Biesecker

Tuesday, December 7th, 2021

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Vertex Completes Acquisition Of RTC’s Training And Mission Solutions Businesses

Vertex' new Technology and Training division provides modernization and sustainment services in addition to other capabilities. Photo: Vertex Company

The Vertex Company on Tuesday said it completed its acquisition of several business lines of Raytheon Technologies Corp. [RTX] that provide training solutions and modernization and sustainment to defense and commercial customers. The deal was first announced in September and terms were not disclosed. The former RTC business lines had a combined $1 billion in sales in 2020. “This acquisition supports our strategy to deliver a more integrated and comprehensive suite of solutions to our customers globally,” Ed Boyington, president…

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