News & Notes

Posted: Thursday, June 16, 2011 12:00 am

Arizona Daily Star

Raytheon buys NM firm, adds it to Tucson unit

Raytheon Co. has acquired Ktech Corp., a power engineering company based in Albuquerque.

Ktech, which has about 330 employees, will remain in Albuquerque and become part of Tucson-based Raytheon Missile Systems.

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.

Bob Hagen (1003 Posts)