MADISON, Miss. - Vertex Aerospace, a global provider of solutions for aftermarket aerospace services, and owned by American Industrial Partners, completed the acquisition of Raytheon Technologies’ Defense Training and Mission Critical Solutions Business Lines, on Dec. 7, according to the firm's website. Th transaction is to expand Vertex’s technology solutions and services, including defense and commercial training, mission critical support solutions, and engineering and modernization capabilities. "Our new mission critical offerings will further expand our relationship with the Department of Defense and government agencies," President/CEO Ed Boyington said in a statement, "and will provide access to new markets delivering state-of-the-art training to domestic and international equipment manufacturers.” To align with market and customer needs, Vertex will operate two reporting divisions: Aerospace & Defense Services and Technology & Training Solutions. ADS will include Vertex Aerospace business; and TTS will include the Raytheon acquired business lines. Vertex HQ will remain in Madison, Miss. (Source: Vertex Aerospace 12/07/21)
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