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.


 
 

 

President proclaims Memorial Day as ‘Day of Prayer’

President Barack Obama May 22 saluted the service and sacrifices of America’s military members–past and present–and proclaimed Memorial Day, May 25, 2015, “as a day of prayer for permanent peace, and I designate the hour beginning in each locality at 11 a.m. of that day as a time during which people may unite in prayer....
 
 

Air Force leaders’ Memorial Day message

Secretary of the Air Force Deborah Lee James and Air Force Chief of Staff Gen. Mark A. Welsh III send the following Memorial Day message to the Airmen of the Air Force and their families: To the Airmen of the United States Air Force and their Families: On Memorial Day, Americans pause in solemn remembrance...
 
 

Headlines May 22, 2015

News: Second Marine killed in Hawaii Osprey crash identified - Marine Corps officials have identified the second Marine to die as a result of the May 17 MV-22B Osprey crash as Lance Cpl. Matthew J. Determan of Maricopa, Ariz.   Business: Israel defense exports plunge to seven-year low - Israeli defense sales last year plunged to their...
 

 

News Briefs May 22, 2015

Ukrainian officer hit with third charge in Russia A third charge has been filed against a Ukrainian military officer who has been behind bars in Moscow for nearly a year over the deaths of two Russian journalists in Ukraine. Nadezhda Savchenko, who worked as a spotter for Ukrainian troops fighting separatist rebels in eastern Ukraine,...
 
 
Army photograph by C. Todd Lopez

Smart-mortar will help Soldiers more effectively hit targets

Army photograph by C. Todd Lopez Nick Baldwin and Evan Young, researchers with the Armament Research Development and Engineering Center at Picatinny Arsenal, Pennsylvania, discuss the 120mm Guided Enhanced Fragmentation Mortar ...
 
 

Air Force assigns new chief scientist

The Air Force announced the service’s new chief scientist to serve as a science and technology adviser to the secretary of the Air Force and the chief of staff of the Air Force, May 21. Dr. Greg Zacharias will be the 35th chief scientist and is ready to “dive in” to his new role. “I...
 




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>