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Roy Azevedo: Raytheon Technologies Eyes Space Portfolio Expansion With Blue Canyon Purchase

Roy Azevedo Intell
Roy Azevedo, Intell, Space President, Raytheon Technologies

TYSONS CORNER, VA, November 17, 2020 — Roy Azevedo, president of Raytheon Technologies' (NYSE: RTX) intelligence and space business, said the company is moving to acquire Blue Canyon Technologies as the demand for comprehensive space technology continues to grow, GovCon Wire reported Wednesday.

"This acquisition enables us to deliver a broader range of solutions to support our customers' space missions – from sensing subsystems to mission systems integration and from launch and range support to on-orbit operations," Azevedo noted in a Nov. 10 statement.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

Monty Faidley, VP of Product, Analytics for LexisNexis Risk Solutions' Government Group
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