Vertex Aerospace Announces Acquisition Of Raytheon Technologies’ Defense Training And Mission Critical Solutions Business Lines
Sep 10, 2021•over 4 years ago
Acquiring Company
Vertex Aerospace
Acquired Company
RTX
Media And EntertainmentConsumer ElectronicsSoftwareHardware
Description
Vertex Aerospace announced today that it has signed a definitive agreement to acquire Raytheon Technologies Corporation’s Defense Training, Professional Services, Mission Critical Solutions, and Modernization and Sustainment business lines (“Defense Training and Mission Critical Solutions”). The Defense Training and Mission Critical Solutions business is a leading provider of training and sustainment services and products to the defense and commercial aerospace industries.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed