Raytheon eyeing niche acquisitions to fill gaps


Raytheon Co is continuing to look for smaller niche-type acquisitions to fill gaps and add value, but does not expect any transformational acquisitions, the company’s chief financial officer said.

Major portfolio reshaping efforts were “largely in the rear-view mirror,” Chief Financial Officer Dave Wajsgras told an investor conference hosted by Credit Suisse and Aviation Week.
“We are not anticipating any transformative acquisitions,” Wajsgras told Reuters after his session.