# BAE Systems to acquire Raytheon's Airborne Tactical Radios business for $275M

BAE Systems has reached a definitive agreement to acquire Raytheon's Airborne Tactical Radios business for $275 million in cash, with an expected tax benefit of approximately $50 million. The acquisition is subject to regulatory approvals and the closure of the Raytheon-UTC merger.

- Type: Acquisition
- Announced: 2020-01-20
- Where: United States
- Value: $275.0M
- Status: announced
- Products: airborne tactical radios
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [BAE Systems](https://endata.com/companies/4538.md) (acquirer)
- [Raytheon](https://endata.com/companies/19863.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20200119005048/en), 2020-01-20: "For Raytheon’s ATR business, the purchase agreement calls for cash of $275 million, with an expected tax benefit of approximately $50 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.