Raytheon in quick succession Dallas-based E-Systems (1995), Chrysler Corporation's defense electronics and aircraft-modification businesses, which had previously acquired companies such as Electrospace systems (1996) (portions of these businesses were later sold to L-3 Communications), and the defense unit of Texas Instruments—Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation—a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic
General Dynamics–Grumman F-111B Dynamics, Lockheed, McDonnell, North American and Republic submitted their proposals. The proposal evaluation group found all the proposals lacking, but the best should be improved with study contracts. Boeing and General Dynamics were selected to enhance their designs. Three rounds of updates to the proposals were conducted with Boeing being picked by the selection board. Instead Secretary McNamara selected General Dynamics' proposal in November 1962 due to its greater commonality between Air Force and Navy TFX versions. The Boeing aircraft versions shared less than half of the major structural components. General Dynamics signed the TFX contract in December 1962. A