Marine link
 

Raytheon To Purchase Assets Of Standard Radio

Raytheon Company announced that it has completed the transaction to purchase certain assets of the marine communication business of Standard Radio A8 of Sweden. Standard (Stockholm, Sweden), is a manufacturer of shipboard communications equipment which complies with international requirements for the Global Maritime Distress and Safety System (GMDSS) and point-to-point communications systems for land-based applications. Sales of these products in 1995 were approximately S7 million. These product lines will become part of Raytheon Marine's marine electronics business with sales of more than S200 million to the merchant shipping, commercial fishing, recreational boating and government markets worldwide.

Standard Radio product lines are highly complementary with Raytheon Marine's existing radar and navigation products. This acquisition will also allow Raytheon to compete more effectively in the worldwide marketplace because the combined companies can now offer shipowners and builders complete solutions for integrated ship control, communications systems, and sensor inputs from radar, global positioning systems and gyro compasses. Raytheon Marine employs more than 1,000 people worldwide, with operations in Manchester, N.H. (U.S.); Portsmouth (U.K.); and Kiel (Germany).

Raytheon Company, headquartered in Lexington, Mass.., is a SI 2-billion international, high technology company which operates in four businesses: commercial and defense electronics; engineering and construction; aviation; and major appliances.




Maritime Standards History

Alaska Diesel Upgrades Lugger Engine
Bulk Carrier Safety
Deck Machinery & Cargo Handling Equipment
Falk Introduces New High-Efficiency Gearmotor
Finnish Power Ploy
International Standards for ECDIS: Current Status
ISIT Update: Quest Far Automation Continues
Matson Waste Reduction Program:
Meyer Werft Delivers Cruise Vessel Oriana
Microfine Replacement Filter Cartridges
MTU's Fast F e r r y Engines U n d e r g o M e t a m o r p h e s is
NASSCO To Participate In NSRP Standards Program
New directions, expanded growth ahead
New Generation Drillship Goes to Work
New Products For Handling Hazardous Cargo
New Twin Disc Transmission For High-Speed, High-Output Use
OSI: Helping To Chart The Future Of Navigation
Raster V. Vector — the battle continues
Raytheon Wins Navy Electronic Module Contracts For A Total Of $ 4 . 1 Million
Refrasil: High-Temperature Stability Welding Cloth
Rydex Wins Contracts From Trio Of U.S. Shipowners
Sea Tel: Satellite TV Around The World
Standards, Statutes and States: The Issues Facing Our Nation's Tugboat, Towboat and Barge Industry
Total Quality: Companies Near And Far Jump On The ISO Bandwagon
Tranter Acquires Heat Transfer Technologies, SA
U.S.C.G. To Strengthen Enforcement Of Cruise Ship Safety Standards
USCG: Standing Watch Over The Cruise Industry
Why Should The Words "Substantial Alteration" Or "Major Modification" Scare Vessel Owners
Wijsmuller Wins Shell Contract, Will Provide Three Caterpillar-Powered Tractor Tugs
ZF Introduces New Reverse/Reduction Gear To North American Market
 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright