Judy Lewis, a defense industry executive with more than 25 years of experience, has been appointed vice president of business development at Science Applications International Corp. (NYSE: SAIC). SAIC Senior Vice President Jon Rucker said in a LinkedIn post published Monday that Lewis will be part of the company’s business unit that provides s...
Vertex Aerospace updated its website and corporate identity imagery and changed its name to The Vertex Company after it closed the acquisition of Raytheon Technologiesâ (NYSE: RTX) defense training and mission critical solutions business on Dec. 6. Ed Boyington, president and CEO of The Vertex Company, said in a statement published Friday the new ...
A new McAleese & Associates report says most defense prime contractors recorded a 2 percent to 3 percent increase in sales during 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the fourth-quarter and full-year 2021 financial performance of Boeing (NYSE: BA), General Dynamics (NY...
Executive Mosaic is glad to introduce Roy Azevedo, president of Raytheon Technologies‘ intelligence and space subsidiary, as a recipient of the 2022 Wash100 Award for driving business growth through major contract wins, technology development efforts, workforce and facility expansion as well as acquisition and partnership activities. The rec...
Christopher Calio, president of Pratt & Whitney since January 2020, will transition to a new role on March 1 as chief operating officer of the aircraft engine manufacturer’s parent company Raytheon Technologies (NYSE: RTX). He will oversee the four business segments of Raytheon and manage various corporate functions such as supply chain, t...
Finland’s defense ministry has formalized an agreement to procure 64 F-35A conventional takeoff and landing jets along with associated equipment and sustainment services from the U.S. government for approximately $9.4 billion, Reuters reported Friday. The signing of the procurement documents came one month after Lockheed Martin‘s (NYSE: ...
A Raytheon Technologies (NYSE: RTX) subsidiary has received a potential five-year, $105 million contract to perform technical collection and communications work for U.S. Special Operations Command. USSOCOM received two bids for the indefinite-delivery/indefinite-quantity contract and selected Raytheon Blackbird Technologies to provide field service ...
The Defense Logistics Agency has awarded Collins Elbit Vision Systems a $158.2 million modification on a contract for support services to a helmet display system built to help military fighter pilots cue sensors and weapons against aircraft and ground threats. CEVS, a joint venture between Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace b...
The State Department has approved a potential $233 million foreign military sale of aircraft engine maintenance services and associated equipment to Greece. The government of Greece is in need of depot-level services to repair and maintain F100-PW-229 engines equipped on F-16 Block 52+/52+ jets, the Defense Security Cooperation Agency said Wednesday...
TYSONS CORNER, VA, Dec. 29, 2021 â A team from Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) has completed the system requirements review of the Next Generation Interceptor under a Missile Defense Agency contract awarded in March, ExecutiveBiz reported Dec. 21. The NGI team will now proceed to initial system design, additional...
