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In 1995, Hughes Space and Communications Company became the world's biggest supplier of commercial satellites. In 1997 GM transferred Delco Electronics from Hughes Electronics to its Delphi Automotive Systems and later in the year sold the aerospace and defense operations of Hughes Electronics (Hughes Aircraft) to Raytheon.
Raytheon Intelligence & Space is the result of a merger between two former Raytheon Company businesses: Raytheon Intelligence, Information and Services (IIS) and Raytheon Space and Airborne Systems (SAS). The merger was finalized on the day that Raytheon Technologies was formed, on 3 April 2020.
Raytheon, often in conjunction with Boeing, Lockheed Martin or Northrop Grumman, is also heavily involved in the satellite sensor business. Much of its Space and Airborne Systems division in El Segundo, CA is devoted to this, a business it inherited from Hughes. Examples of programs include:
In the larger of the two awards, Raytheon's Company Network Centric Systems unit will receive $34 million as a contract modification funding ... 800-290-4726 more ways to reach us.
Originally founded as LTV Electro Systems in the mid-1960s, the company changed its name to E-Systems in the early 1970s. [4] [5] In 1995, Raytheon Company acquired E-Systems, Inc., [6] a Texas-based company that designed, developed, produced, and serviced high-technology systems including surveillance, verification, and aircraft ground-land navigation equipment.
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RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia.It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
Three bids were received, and in January 1998 a joint venture between Hughes Aircraft and Raytheon, located in El Segundo, California, won the initial contract—valued at $11.9 million—as part of an estimated $292 million contract if all options were exercised. [6] Since that time, numerous studies and requirements changes have been made.