Raytheon Technologies expects to complete its acquisition of Centennial, CO-based SEAKR Technologies by the end of this calendar year, according to a company spokeswoman.
Raytheon announced last week it had agreed to buy privately held SEAKR Engineering. Once acquired, SEAKR will be part of Raytheon Intelligence & Space.
"The acquisition is expected to close by year end, subject to the completion of customary conditions and regulatory approvals," spokeswoman Alyssa Shaffer told Inside Defense in an email today.
Roy Azevedo, president of Raytheon Intelligence & Space, said in a company statement last week that the SEAKR acquisition enhances "our capability to provide qualified systems faster. SEAKR's culture of forward-thinking innovation will complement our ability to solve our space customers' hardest problems."
Earlier this year, the Defense Advanced Research Projects Agency completed preliminary design review for Pit Boss, the autonomous mission management center for the Blackjack program -- an effort aimed at demonstrating new capabilities to improve autonomy and networking for satellite constellations -- and chose SEAKR Engineering as the primary contractor.