Hello, Guest!
  • Friday, November 22, 2024

Raytheon Technologies to Support Navy Destroyer Logistics, Engineering Under $94M Contract Modification

Raytheon Technologies (NYSE: RTX) has been awarded a $94M contract modification for engineering and logistics support to the U.S. Navy's Zumwalt-class guided missile destroyers.

The branch issued the modification to exercise options under a previously awarded contract and realign appropriations for DDG 1000 contractor services, the Department of Defense said Thursday.

The company will receive $11M at the time of award and will perform work through October next year.

Zumwalt-class ships are designed to incorporate computing, undersea warfare, vertical launcher and electronic modular enclosure systems from Raytheon Technologies' missiles and defense business, the company noted.

Video of the Day

Related Articles

TPG Closes Purchase of Forcepoint’s Government Cyber Business; Sean Berg Named Forcepoint G2CI CEO M&A Activity

TPG Closes Purchase of Forcepoint’s Government Cyber Business; Sean Berg Named Forcepoint G2CI CEO

TPG (Nasdaq: TPG), a global alternative asset management firm, has finalized its acquisition of Forcepoint’s government-focused cybersecurity unit from investment firm Francisco Partners and appointed technology industry leader Sean Berg as CEO of the newly acquired business. Berg, most recently president of global governments and critical infrastructure cybersecurity segment at Forcepoint, will oversee the growth

Pratt & Whitney Books $221M Navy Contract for F135 Engine Maintenance, Other Services Contract Awards

Pratt & Whitney Books $221M Navy Contract for F135 Engine Maintenance, Other Services

An RTX (NYSE: RTX) subsidiary has secured a $221 million contract from the U.S. Navy to help maintain and sustain F135 propulsion systems used by the U.S. military and foreign military sales customers. Pratt & Whitney will provide material and support equipment, supplies, unit-level support equipment, labor and planning for depot-level F135 maintenance and sustainment

RTX Books $165M in Navy Cruise Missile Tech Upgrade Contracts Contract Awards

RTX Books $165M in Navy Cruise Missile Tech Upgrade Contracts

RTX (NYSE: RTX) will provide updated seeker, navigation and GPS receiver technologies to the U.S. Navy for integration into Tomahawk missile systems under two contract modifications and a task order worth $165.4 million combined. The Navy allocated $124.3 million to buy 42 Maritime Strike Tomahawk Seeker suites for low-rate production three of the sensor technology