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.
