Jane Edwards
Tom Arseneault, president and chief operating officer of BAE Systems“™ U.S. subsidiary and a 2020 Wash100 award winner, said the two business units the company agreed to acquire from Raytheon and United Technologies Corp. will “bolt into existing businesses” within BAE Systems Inc.“™s electronic systems sector, Inside Defense reported Monday.
BAE Systems Inc. announced on Jan. 20 that it will buy Raytheon“™s airborne tactical radios business and the military GPS business of UTC“™s Collins Aerospace and integrate the two units into its electronic systems sector upon the deal“™s closure. UTC and Raytheon agreed to divest the businesses to obtain the required antitrust approval for their pending merger.
He and Jerry DeMuro, CEO of BAE Systems Inc. and a three-time Wash100 award winner, said they do not expect major employee reductions to the two businesses.
