Business

October 22, 2012

Raytheon acquires technology development firm Teligy, Inc.

Raytheon has acquired Teligy, Inc., a technology development company, further extending Raytheon’s cybersecurity offerings in wireless communications, vulnerability analysis, reverse engineering and custom kernel software/device driver development.

These critical focus areas represent top priorities of intelligence, defense and commercial organizations worldwide.

Terms of the transaction were not disclosed. The transaction will not materially impact Raytheon’s total company sales or earnings per share for the fourth quarter of 2012 or fiscal year 2013.

Teligy excels at transitioning prototype and proof of concept cyber products into deployable solutions. Coupled with Raytheon’s existing expertise, Teligy enables Raytheon to cover the entire communication stack for both wired and RF technologies across all relevant platforms, and provides access to emerging markets.

“The Teligy acquisition adds critical wireless capabilities that address the needs of our cybersecurity customers in the intelligence, DOD and federal communities,” said Lynn Dugle, president of Raytheon’s Intelligence and Information Systems business. “Teligy is comprised of highly skilled and proven performers with strong customer focus, and we are excited to welcome them as members of our team.”

Founded in 2002, Teligy, Inc., is headquartered in Greer, S.C. Co-founders Vic Gunter, vice president of Engineering, and Jason Yates, vice president of Development, will remain with the company.

“We are thrilled with this opportunity to join the Raytheon team,” said Yates. “This acquisition will enable Teligy to rapidly scale our capabilities and bring additional value to both Raytheon and Teligy customers.”

The acquisition of Teligy marks Raytheon’s 11th cyber-related acquisition since 2007. Raytheon continues to build upon its innovative, non-traditional approaches to cyber resiliency in the face of advanced persistent threats. Raytheon’s three decades of experience in cybersecurity provides customers with solutions to anticipate, withstand, recover and evolve from cyber attack and new threats as they emerge.

 




All of this week's top headlines to your email every Friday.


 
 

 

Headlines March 27, 2015

News General Dynamics withdraws as T-100 prime contractor General Dynamics Information Systems and Technology has withdrawn itself as the prime contractor on the T-100, the offering for the T-X trainer replacement program based on the Alenia Aermacchi M-346 design.   Business SpaceX’s fight with U.S. Air Force called a clash of perceptions Billionaire Elon Musk’s...
 
 

News Briefs March 27, 2015

Contractor extradited from Iraq pleads guilty in bribes case A man extradited from Iraq in a military contract bribery case has pleaded guilty to three charges in an agreement with federal prosecutors. U.S. District Judge Thomas Rose has scheduled sentencing for July 1 for Metin Atilan. His attorney, Nick Gounaris, says the two sides agreed...
 
 

Ninth Boeing GPS IIF reaches orbit, sends first signals

Boeing Global Positioning System (GPS) IIF satellites are steadily replenishing the orbiting constellation, continuing to improve reliability and accuracy for users around the world. The ninth GPS IIF reached orbit about three hours, 20 minutes after launching today aboard a United Launch Alliance (ULA) Delta IV rocket from Cape Canaveral Air Force Station, Fla., and...
 

 

F-35 Lightning II costs drop, report shows

A recent account of F-35 Lightning II aircraft program costs shows decreases, the Air Force’s F-35 program executive officer told reporters in a media roundtable March 24, 2015. Lt. Gen. Christopher C. Bogdan, citing this year’s selected acquisition report on the aircraft, called the roundtable to clarify cost and performance facts. He also acknowledged the...
 
 
NG-growler2

Northrop Grumman delivers center/aft ‘shipset’ for first international EA-18G Growler

Northrop Grumman photograph Northrop Grumman mechanics perform final quality inspections on the center/aft fuselage shipset produced by the company for the first Australian EA-18G Growler. The subassembly will be delivered to B...
 
 
Navy photograph by Monica McCoy

Navy conducts production acceptance test of Tomahawk missile

Navy photograph by Monica McCoy Members of the Explosive Ordnance Disposal Technology Division team at Naval Surface Warfare Center, Indian Head prepare a Tomahawk missile for a functional ground test at the Large Motor Test Fa...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>