Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Texas Instruments Agrees to Sell Defense Business to Raytheon

Photonics Spectra
Feb 1997
Officials at Raytheon Co. of Lexington, Mass., and Texas Instruments Inc. (TI) of Dallas have signed a definitive agreement worth almost $3 billion authorizing Raytheon to acquire TI's defense electronics operations. The transaction will bring Raytheon's annualized defense electronics sales to $8 billion and its backlog to $9.3 billion. Raytheon will gain TI photonic technologies such as laser-guided weapons and night-vision systems.

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2017 Photonics Media
x Subscribe to Photonics Spectra magazine - FREE!