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NATEL Acquires Certain MIC Product Lines of Raytheon Company

IN Aerospace & Defense, Amazing Things, Mergers, Acquisitions & Divestitures, Press Releases, . . . On 10-07-2007

Natel Engineering is pleased to announce the acquisition of equipment and related assets associated with the manufacturing of certain microwave integrated circuits (MICs) from the Space and Airborne Systems (SAS) unit of Raytheon Company located in El Segundo, California. The MICs are used in SAS Tactical Radar and Electronic Warfare products. Concurrent with the acquisition, Natel and Raytheon entered into a long term exclusive supplier agreement for the MICs as well as a preferred supplier agreement for related MICs. The transaction is a positive development for both parties, with SAS divesting a non-core product and Natel strengthening its position as a RF/Microwave manufacturer.

NATEL Engineering Co., founded in 1975, provides microelectronics experience with advanced capabilities for a wide range of products and industries, including fully automated assembly of t/r modules, hybrids, MCM, and chip-on-board products. NATEL holds and maintains industry specific certifications such as ISO 9001:2000 and MIL-PRF-38534 (DSCC) and operates in manufacturing facilities that include 30,000 square feet of advanced clean room area. NATEL is a pioneer and proven innovator in the manufacture of products for fiber optics, optoelectronics, space, defense, medical, and the RF/Microwave industries. Natel is classified as a small business under NAICS 2334413. To learn more about NATEL, contact us at 9340 Owensmouth
Ave., Chatsworth, CA 91311; phone: (800) 590-5774; fax: (800) 590-5764 or e-mail: sales@natelengr.com


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