TYSONS CORNER, VA, October 3, 2018 ” Dave Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said the company focuses on the “solutions” side of its investment efforts amid the defense sector’s increasing interest in small satellites, ExecutiveBiz reported Sept. 17.
The Washington Post reported Sept. 16 Raytheon is one of several defense companies that have recently moved to expand satellite operations or partner with emerging commercial technology firms that produce small satellites as the Defense Department and intelligence community shift their focus from larger models.
“Today with the requirements that commercial and government customers have around the world, there is a need to take some of those mission capabilities and provide them at lower cost, and provide them in a different way,” Wajsgras, a four-time Wash100 awardee, said in the report.
Raytheon recently partnered with smallsat firm HawkEye 360 on a geospatial technology project.
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