Raytheon Buys High-Tech Defense Firm BBN for $350M

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Raytheon has completed its acquisition of BBN Technologies, a provider of high-tech defense products, for approximately $350 million, subject to post-closing adjustments. BBN’s defense portfolio includes advanced networking, speech and language technologies, information technologies, sensor systems, and cybersecurity products. BBN has won numerous contracts from the US Defense Advanced Research Projects Agency (DARPA) to supply […]

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