CANBERRA – 22 February 2010: Raytheon Australia has acquired business assets previously owned by Compucat Research Pty. Ltd. in order to enhance Raytheon’s ability to meet the future information security needs of the Australian intelligence community. Terms of the transaction are not being disclosed.
Compucat brings to Raytheon specialist domain experience and technical knowledge in cybersecurity services including information assurance and software development. The acquisition will provide Raytheon Australia with greater capacity and the ability to act as a portal to Raytheon’s broad range of information and cybersecurity activities.
“Raytheon Australia has established itself as a trusted partner of Defence based upon a significant depth of local capability,” said Michael Ward, managing director, Raytheon Australia. “This acquisition will further enhance our offerings to Defence and allow us to earn our place as a trusted partner in the intelligence community.”
Raytheon Company (NYSE: RTN), with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 88 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 75,000 people worldwide.
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