Raytheon agrees to buy the legendary BBN
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.