Stratrix
On the Record · Raytheon

Raytheon acquisitions, on the record

The businesses Raytheon bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
RedOwl Analytics Inc. (RedOwl), a security analytics business
Word for word“In August 2017, our Forcepoint business acquired RedOwl Analytics Inc. (RedOwl), a security analytics business, for $54 million i n cash, net of cash received, and exclusive of retention payments.” 10-K for 2017
acquisitionAugust 2017$54 million
Skyfence cloud access security broker (CASB) business
Word for word“In February 2017, our Forcepoint business acquired the Skyfence cloud access security broker (CASB) business for $39 million in cash, net of cash received, and exclusive of retention payments.” 10-K for 2017
acquisitionFebruary 2017$39 million
Stonesoft next-generation firewall (NGFW) business, including the Sidewinder proxy firewall technology
Word for word“In January 2016, our Forcepoint business acquired the Stonesoft next-generation firewall (NGFW) business, including the Sidewinder proxy firewall technology.” 10-K for 2017
acquisitionJanuary 2016—
Equity method investment in Thales-Raytheon Systems Company S.A.S. (TRS SAS)
Word for word“The increase in external cost of sales at IDS was principally driven by higher external cost of sales on an international early warning radar program awarded in the first quarter of 2017 and the tax-free gain of $158 million from the sale of our equity method investment in Thales-Raytheon Systems Company S.A.S. (TRS SAS) in the second quarter of 2016, partially offset by lower external cost of sales on certain international Patriot programs due to the scheduled completion of certain production phases of the programs.” 10-K for 2017
divestituresecond quarter of 2016tax-free gain of $158 million
19.7% equity interest in Forcepoint sold to Vista Equity Partners (noncontrolling interest)
Word for word“In connection with the Websense acquisition in the second quarter of 2015, we combined Websense with RCP to form Forcepoint and then sold 19.7% of the equity interest in Forcepoint to Vista Equity Partners for $343 million .” 10-K for 2017
divestituresecond quarter of 2015$343 million
commercial cloud-based call center analytics business
Word for word“In May 2018, we completed the sale of our commercial cloud-based call center analytics solutions business for $11 million in cash, net of transaction-related costs.” 10-K for 2018
divestitureMay 2018$11 million in cash, net of transaction-related costs
Skyfence CASB business
Word for word“In February 2017, Forcepoint acquired the Skyfence CASB business for $39 million.” 10-K for 2018
acquisitionFebruary 2017$39 million
Red Owl Analytics Inc.
Word for word“In August 2017, Forcepoint acquired Red Owl Analytics Inc. for $54 million.” 10-K for 2018
acquisitionAugust 2017$54 million
Stonesoft NGFW business, including the Sidewinder proxy firewall technology
Word for word“In January 2016, Forcepoint acquired the Stonesoft NGFW business, including the Sidewinder proxy firewall technology, for $57 million.” 10-K for 2018
acquisitionJanuary 2016$57 million
Thales S.A.'s noncontrolling interest in Raytheon Command and Control Solutions LLC (RCCS LLC)
Word for word“As a result, we acquired Thales S.A.’s noncontrolling interest in RCCS LLC and sold our equity method investment in TRS SAS for a net cash payment to Thales S.A. of $ 90 million , which was classified as a financing activity in our consolidated statements of cash flows.” 10-K for 2018
acquisition——
RedOwl Analytics Inc. and Skyfence cloud access security broker (CASB) business
Word for word“In 2017, our Forcepoint business completed the acquisitions of RedOwl Analytics Inc., a security analytics business, and the Skyfence cloud access security broker (CASB) business for total consideration of $ 93 million , net of cash received, and exclusive of retention payments.” 10-K for 2018
acquisition2017total consideration of $ 93 million , net of cash received, and exclusive of retention payments
Vista Equity Partners’ interest in Forcepoint
Word for word“On November 18, 2019, Raytheon acquired Vista Equity Partners’ interest in Forcepoint, such that Forcepoint is now wholly owned by Raytheon.” 10-K for 2019
acquisitionNovember 18, 2019—
Range Generation Next LLC (RGNext) additional 10% equity ownership
Word for word“In the first quarter of 2019 we acquired an additional 10% equity ownership in the Range Generation Next LLC (RGNext) joint venture, increasing our equity ownership to 60% and giving us control of RGNext operations.” 10-K for 2019
acquisitionfirst quarter of 2019—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$57 million$0$51 million
2017-12-31$93 million$0$77 million
2018-12-31$0$11 million−$3 million
2019-12-31$8 million$0$19 million

Deal filings since 2016

Read from Raytheon’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.