in ,

Roy Azevedo: Raytheon Technologies Eyes Space Portfolio Expansion With Blue Canyon Purchase

Roy Azevedo Intell
Roy Azevedo, Intell, Space President, Raytheon Technologies

TYSONS CORNER, VA, November 17, 2020 — Roy Azevedo, president of Raytheon Technologies' (NYSE: RTX) intelligence and space business, said the company is moving to acquire Blue Canyon Technologies as the demand for comprehensive space technology continues to grow, GovCon Wire reported Wednesday.

"This acquisition enables us to deliver a broader range of solutions to support our customers' space missions – from sensing subsystems to mission systems integration and from launch and range support to on-orbit operations," Azevedo noted in a Nov. 10 statement.

About Executive Mosaic

Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships.

Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA.

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about M&A Activity

mm

Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

Monty Faidley, VP of Product, Analytics for LexisNexis Risk Solutions' Government Group
LexisNexis Risk Solutions Intros Email Fraud Prevention Tool for Gov’t; Monty Faidley Quoted
Kratos
Kratos Launches Aircrew Training System for Simultaneous Virtual Pilot Exercises