Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Raytheon Acquisition Approved

Facebook Twitter LinkedIn Email Comments
Terrence K. O'Brien

WASHINGTON -- US Justice Department officials have approved Raytheon Co.'s $9.5 billion acquisition of Hughes Electronics Corp. The acquisition makes the Lexington, Mass., company the nation's third-largest defense contractor. The deal went through after Raytheon agreed to sell off some electronic vision technology that guides missiles to their targets, because of Justice Department fears that the Hughes acquisition might have given the company a near monopoly on the technology, agency officials confirmed. Raytheon also agreed to set up a temporary "fire wall" between Raytheon's missile...Read full article

Related content from Photonics Media



    ARTICLES


    PRODUCTS


    PHOTONICS HANDBOOK ARTICLES


    WHITEPAPERS


    WEBINARS


    PHOTONICS DICTIONARY TERMS


    MEDIA


    PHOTONICS BUYERS' GUIDE CATEGORIES


    COMPANIES

    back to top
    Facebook Twitter Instagram LinkedIn YouTube RSS
    ©2020 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

    Photonics Media, Laurin Publishing
    x Subscribe to Photonics Spectra magazine - FREE!
    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.