Raytheon agrees to buy the legendary BBN
Raytheon Co., the Waltham-based defense contractor, said it has agreed to acquire BBN Technologies, the legendary Cambridge firm that helped develop the Internet and electronic mail.
Terms of the agreement are not being disclosed, Raytheon said in a press release.
"BBN brings world class people, technologies and capabilities to Raytheon and our customers," Raytheon chairman and chief executive William H. Swanson said in a statement. "We expect all of our businesses to benefit from the application of BBN's research and development expertise and technologies across our product lines and programs. BBN's rich technology heritage makes this a natural fit."
Current BBN offerings include the Boomerang acoustic-based shooter detection system currently deployed with US. forces, and a broad range of technology development programs, many considered mission-critical by defense and intelligence customers, Raytheon's press release noted.
Another example of the type of services that BBN can provide were evident in a BBN press release that described a Pentagon contract it won earlier this year.
The contract calls on BBN to develop technology and architecture that enables a communication system that will provide military forces "with the capability to communicate with every soldier and every device at all operational levels," that press release said.
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