BAE Systems has successfully completed its acquisition of the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies Corporation. This acquisition will certainly bring innovative technology, an extensive installed base of products and decades of experience to the company.
This asset purchase is a unique opportunity grasped by BAE Systems.The acquisition presents an opportunity to acquire a high-quality, technology-based business that augments the existing BAE Systems Electronic Systems portfolio through the addition of world-class GPS anti-jamming and anti-spoofing technology. It will enable reliable navigation and guidance for a range of defense missions in the future ahead.
John Watkins, vice president and general manager of Precision Strike & Sensing Solutions at BAE Systems, stated that this acquisition marks the culmination of a tremendous team effort, and that they are extremely proud to welcome the Military GPS employees to their company. He added that together, they will build on their rich histories of providing superior, innovative capabilities to help protect the U.S. and their allied warfighters.
Greg Wild, director of Military GPS, commented that this partnership will enable them to build on their market leadership and bring in new discriminating capabilities to their customers, including the U.S. Department of Defense and its allies. He added that they’re excited to be joining the BAE Systems family. They appreciate their legacy of innovation and will provide opportunities for continued business growth and success.
