Vertex Aerospace Acquires Raytheon Technologies' Defense Training and Mission Critical Solutions Business Lines

December 7, 2021

Vertex Aerospace, owned by private equity firm American Industrial Partners, agreed to acquire Raytheon Technologies' Defense Training and Mission Critical Solutions business lines, a group of businesses that generated approximately $1.0 billion in sales in 2020. The transaction (a divestiture by Raytheon Technologies) adds roughly 2,000 employees to Vertex, expands its training, mission-critical support and modernization capabilities, and broadens its government and commercial aerospace contract portfolio.

Buyers
Vertex Aerospace, American Industrial Partners
Targets
Defense Training and Mission Critical Solutions business lines of Raytheon Technologies
Sellers
Raytheon Technologies Corporation
Location
United States
Transaction Type
Divestiture

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