Hello, Guest!
  • Monday, November 18, 2024

Raytheon Gets $300M NASA JPL Space System Dev’t Contract; Dave Wajsgras, Todd Probert Quoted


Jeff Brody
Dave Wajsgras

Raytheon (NYSE: RTN) has secured a potential 10-year, $300M contract to develop and test new space platforms and flight software for NASA™s Jet Propulsion Laboratory.

The contract has a five-year base term worth approximately $150M and includes engineering, operations and training support for JPL, Raytheon said Tuesday.

Dave Wajsgras, president of Raytheon™s intelligence, information and services business and a 2019 Wash100 winner, said the award provides an opportunity for the company to continue offering support to JPL™s space exploration programs.

Raytheon is expected to begin work in October and will offer support for classified missions under the contract.

Todd Probert, vice president of the IIS business, said the company has worked with JPL™s scientists and engineers in the past two decades.

Aside from JPL, the company oversees several government space programs, including the Neutral Buoyancy Lab at NASA™s Johnson Space Center in Houston, the space agency™s Earth science data network and the Joint Polar Satellite System.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights