HRB Systems Inc., now part of

Raytheon Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitaliza ...

Intelligence and Information Systems, is a

defense contractor The arms industry, also known as the arms trade, is a global industry which manufactures and sells weapons and military technology. It consists of a commercial industry involved in the research and development, engineering, production, and serv ...

located in

State College, Pennsylvania State College is a home rule municipality in Centre County in the Commonwealth of Pennsylvania. It is a college town, dominated economically, culturally and demographically by the presence of the University Park campus of the Pennsylvania Sta ...

History

This company was started by three scientists: Haller, Raymond, and Brown. Initially, the firm provided imagery support, then transitioned to signal analysis and processing. The company was acquired by Singer, and became known as HRB-Singer, one of the firms in the Singer Defense Systems Group, dealing with infrared reconnaissance techniques and equipments. It was physically located on the East side of Science Park Road, in State College. The company had a strong internal R&D effort which was quite successful. HRB-Singer provided signal processing equipment and expertise to the US Department of Defense and to international clients in Europe and Asia. In 1988, Singer sold off the Defense unit to

corporate raid In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to t ...

Paul Bilzerian Paul Alec Bilzerian ( hy, Փօլ Պիլզերեան, born 1950) is an American businessman and corporate takeover specialist. Education and family Bilzerian was born in Miami, Florida but grew up in Worcester, Massachusetts in an Armenian America ...

, who sold each of the companies separately. HRB division was sold to Hadson Corporation for $137 million in cash and two million shares of Hadson common stock. Subsequently acquired by

E-Systems Raytheon Intelligence, Information, and Services (RIIS or IIS) is a business unit of Raytheon Company headquartered in Dulles, Virginia. IIS specializes in intelligence, surveillance, and reconnaissance, advanced cybersecurity solutions; weather ...

, HRB was downsized to a considerable degree. The company was later acquired by

. Nirmal Bose of the

Pennsylvania State University The Pennsylvania State University (Penn State or PSU) is a Public university, public Commonwealth System of Higher Education, state-related Land-grant university, land-grant research university with campuses and facilities throughout Pennsylvan ...

is the HRB Professorship in Signal Processing in the Department of Electrical Engineering.Corporate and Foundation Relations

References

{{Raytheon Companies based in Centre County, Pennsylvania Raytheon Company Companies with year of establishment missing