The management of Raytheon Marine Company (RMC) has successfully purchased the recreational marine products division for $108 million. The management buyout team was backed by the European venture capital firm Mercury Private Equity. Led by CEO Rick Kane,
M a r i t i m e Dominance in the 21st Century calls for naval forces that can project power forward, provide assured access in the littoral environment and support a wide variety of joint and combined operations. To meet this challenge, the U.