Green Touch Builders | What Raytheon's nearly $2 billion cyber play means to its defense business
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April 20, 2015 By SEO Admin

What Raytheon's nearly $2 billion cyber play means to its defense business

Raytheon Co.’s decision to make a $1.7 billion equity investment to stand up a cyber products company may be the boldest move made by any defense contractor to tap commercial opportunities. And it will mostly be at the exclusion of Pentagon business.

Raytheon (NYSE: RTN) executives were quick to point to “cross-selling” opportunities for the new joint venture during a call with analysts Monday about the acquisition, given Raytheon’s cyber focus within the Dulles-based Intelligence, Information…