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Roy Azevedo: Blue Canyon Purchase Furthers Raytheon’s Space Tech Push

Roy Azevedo President Raytheon Intell and Space
Roy Azevedo, President, Raytheon Intell and Space

TYSONS CORNER, VA, January 4, 2021 “” Blue Canyon Technologies became part of Raytheon Technologies' (NYSE: RTX) intelligence and space unit after the latter company finalized its acquisition of the Boulder, Colorado-based satellite and spacecraft components maker, GovCon Wire reported Dec. 22.

“Adversaries are aggressively developing space and counter-space capabilities faster than ever before,“ said Roy Azevedo, president of the RI&S business and a 2020 Wash100 Award recipient.

“We must be able to rapidly deliver capabilities across satellite classes and orbits, and Blue Canyon will further our ability to do that.“

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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.

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