) has acquired Visual Analytics Inc. for an undisclosed amount.
This privately held firm will now become a part of the company's
Intelligence, Information and Services business.
The firm provides data analytics, decision support, and
information sharing software solutions to scrutinize money
laundering, financial crimes, border security, frauds, and racket
in domestic and international, commercial and government markets.
Raytheon is a technology and innovation leader specializing in
defense, security and civil markets throughout the world.
Currently, the company has extensive know-how of managing large
data sets. This transaction will strengthen the company's
potential by adding advanced analytic products and knowledge
Visual Analytics will support the company in meeting the data
analytics, data visualization and information sharing needs of
its customers. Besides transforming data into actionable
intelligence, the firm will allow the company to create
innovative visualization offerings for its customers.
This marks the first acquisition by the company in 2013. However,
in 2012, Raytheon undertook several acquisitions that bolstered
the company's capabilities in diverse fields.
In Dec 2012, the company acquired the Government Solutions
business of SafeNet Inc. which was a privately held data security
firm. This acquisition helped the company in supporting the U.S.
DoD to fulfill its growing need for protected and encrypted data.
Prior to that, the company completed the acquisition of Teligy,
Inc., that has extended Raytheon's cyber security offerings in
wireless communications, vulnerability analysis, reverse
engineering and custom kernel software/device driver development.
These acquisitions help the company in performing its various
tasks. BBN Technologies, now a subsidiary of Raytheon, was
acquired in 2009. Last month, BBN Technologies received
supplementary funding from the Intelligence Advanced Research
Projects Activity to carry on with its research and development
activity under the Foresight and Understanding from Scientific
Raytheon is one of the best-positioned companies among the
large-cap defense players because of its non-platform-centric
focus. Looking forward, with its newly realigned segments, the
company enjoys strong order bookings and order backlog, an
improving balance sheet, growing cash flow and operational
However, like its peers
General Dynamics Corp.
Lockheed Martin Corp.
), Raytheon is also affected by the likely cuts in the U.S.
defense budget, the fate of high-cost programs, risks related to
key project executions and order cancellations. The company
presently retains a short-term Zacks Rank #3 (Hold).
In the near term, we would advise investors to accumulate its
short-term Zacks Rank #2 (Buy) peer
API Technologies Corp.
API TECH CORP (ATNY): Free Stock Analysis
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LOCKHEED MARTIN (LMT): Free Stock Analysis
RAYTHEON CO (RTN): Free Stock Analysis Report
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