News & Notes
Posted: Thursday, June 16, 2011 12:00 am
Raytheon buys NM firm, adds it to
Raytheon Co. has acquired Ktech Corp., a power engineering company based in
Ktech, which has about 330 employees, will remain in
Terms of the deal were not disclosed.
Raytheon said the move will help it expand its capabilities and opportunities in the “non-kinetic effects” markets, which include directed-energy weapons.
Ktech’s compact pulsed-power systems, along with its high-efficiency magnetron technology, will enable increased use of directed-energy weapons on combat platforms, Raytheon said.