Hello, Guest!
  • Friday, November 22, 2024
Roy Azevedo Intell and Space Head Raytheon Technologies

Raytheon Technologies Completes Blue Canyon Buy; Roy Azevedo Quoted

Raytheon Technologies (NYSE: RTX) has closed its acquisition of small satellites provider Blue Canyon Technologies and will now integrate BCT into its intelligence and space business.

Roy Azevedo, president of Raytheon Intelligence and Space and a 2020 Wash100 Award winner, said in a statement published Monday the acquisition of Blue Canyon will further the company’s ability to accelerate the delivery of capabilities across satellite orbits and classes.

Founded in 2008, Blue Canyon Technologies is headquartered in Boulder, Colorado, and operates with more than 200 employees. The company is currently producing more than 90 satellites and has supported missions of NASA, Defense Advanced Research Projects Agency and the U.S. Air Force.

Blue Canyon said it will continue to support its client base under its current brand and business name through its Colorado facilities in Lafayette and Boulder.

Raytheon Technologies initially announced the transaction in early November as part of efforts to broaden its platforms in support of customers’ space missions.

Video of the Day

Related Articles

Jeffrey Schrader Promoted to President of Seakr Engineering & Blue Canyon Technologies at Raytheon I&S Executive Moves

Jeffrey Schrader Promoted to President of Seakr Engineering & Blue Canyon Technologies at Raytheon I&S

Raytheon Technologies (NYSE: RTX) has elevated Jeffrey Schrader from his post as vice president at its intelligence and space business to president of SEAKR Engineering and Blue Canyon Technologies. Schrader, who made the announcement via LinkedIn post, brings to his new leadership role at the Raytheon subsidiaries years-long experience in defense and national security sectors

Karen McConnell Joins Raytheon’s Blue Canyon Subsidiary as Engineering Executive Director Executive Moves

Karen McConnell Joins Raytheon’s Blue Canyon Subsidiary as Engineering Executive Director

Karen McConnell, an aerospace engineering veteran, has joined Raytheon Technologies‘ (NYSE: RTX) Blue Canyon Technologies subsidiary as executive director of engineering. Blue Canyon said Monday that McConnell will be responsible for managing the performance, reliability and delivery schedules of its small satellite production line. Her additional responsibilities will include driving initiatives to boost the smallsat

Stephen Steg Promoted to CEO of Raytheon’s Blue Canyon Subsidiary; Roy Azevedo Quoted Executive Moves

Stephen Steg Promoted to CEO of Raytheon’s Blue Canyon Subsidiary; Roy Azevedo Quoted

Stephen Steg, co-founder and chief technical officer of Blue Canyon Technologies, has been named CEO of the small satellite and mission services provider, more than five months after its acquisition by Raytheon Technologies (NYSE: RTX). Steg succeeds former Blue Canyon CEO George Stafford, who will transition into an advisory role, the company said Tuesday. Raytheon