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Raytheon Acquires Telemus Solutions, Inc.

Written by thomas · Filed Under Aeronautics News 

July 28, 2008

thomas

Acquisition strengthens capability as a provider of critical information
security and intelligence services

GARLAND, Texas, July 28, 2008 /PRNewswire-FirstCall/ — Raytheon
Company (NYSE: RTN) has acquired Telemus Solutions, Inc., a provider of
information security, intelligence and technical services to defense,
intelligence and other federal customers. Terms of the transaction were not
disclosed.

Based in Falls Church, Va., Telemus delivers customized solutions in
infrastructure protection, engineering, research and analysis that help
customers detect, defer, and delay potential security threats.

“This acquisition represents Raytheon’s latest step in building an
end-to-end information security offering to address our customers’ most
critical security needs,” said Michael D. Keebaugh, president, Raytheon
Intelligence and Information Systems. “The purchase of Telemus underscores
Raytheon’s continued focus on the emerging cyber security market and
demonstrates our leadership in providing technologies that solve our
customers’ most complex information security challenges.”

Jon Monett, CEO of Telemus, commented: “We are pleased to be combining
our capabilities with Raytheon’s proven leadership in the critical
information operations and security arena. The difficult challenges faced
by our nation need to be met with mission-focused talent, experience and
agility.”

Based in Garland, Texas, Raytheon IIS is a leading provider of
information and intelligence solutions to the government. Raytheon IIS had
2007 annual revenues of approximately $2.7 billion and employs more than
9,000 engineering and technical professionals worldwide.

Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 86
years, Raytheon provides state-of-the-art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a
broad range of mission support services. With headquarters in Waltham,
Mass., Raytheon employs 72,000 people worldwide.

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