Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary has agreed to acquire FlightAware for an undisclosed sum. Houston-based FlightAware is a digital aviation company with approximately 130 employees and has been delivering global flight tracking platforms, analytics, predictive technology and historical and real-time flight data to the...
The State Department has named Raytheon Technologies (NYSE: RTX) as principal contractor on a potential $350 million foreign military sale of defense services to Australia, in preparation for future orders of company-built Standard Missile systems and associated equipment. Raytheon would develop, engineer, integrate and test SM-6 Block I and SM-2 Bl...
The U.S. Army has selected Leidos’ (NYSE: LDOS) Dynetics subsidiary to develop prototypes of a platform meant to defend against unmanned aircraft systems and cruise missile threats, Defense News reported Tuesday. Defense News cited sources that say the service’s decision was based on a shoot-off for its enduring Indirect Fires Protection Capabil...
Five companies have been awarded contracts to help NASA identify strategies to reduce the risk and cost of a potential future demonstration of subsonic transport aircraft technologies. The agency chose Boeing (NYSE: BA), Raytheon Technologies (NYSE: RTN), General Electric (NYSE: GE), Blended Wing Aircraft and ROHR to support the Future Subsonic Demo...
Matt Donovan, most recently undersecretary of defense for personnel and readiness, will serve as vice president of customer engagement and solutions at Raytheon Technologies’ (NYSE: RTX) intelligence and space business, effective Aug. 23. He will directly report to Roy Azevedo, president of Raytheon Intelligence and Space and a 2021 Wash100 Award ...
Raytheon Technologies (NYSE: RTX) has been awarded a $960 million contract to provide hardware and software procurement services to the U.S. Air Force Nuclear Weapons Center for the terminal segment of a joint service satellite communications system. The company will also conduct logistics and depot activation efforts for the Advanced Extremely High...
Richard Campos, formerly director for a national cyber program at Raytheon Technologies (NYSE: RTX), has joined Altamira Technologies as senior vice president of business development. He will be responsible for Altamira’s efforts to communicate its growth strategy and create value for shareholders, the engineering and analytics technology cont...
Raytheon Technologies (NYSE: RTX) posted $15.9 billion in fiscal year 2021 second quarter sales, which the company said was up 10 percent organically from the same period a year ago. The Waltham, Massachusetts-based defense and aerospace contractor also raised the low end of its full-year sales guidance to $64.4 billion from the previous $63.9 billi...
Karen McConnell, an aerospace engineering veteran, has joined Raytheon Technologies‘ (NYSE: RTX) Blue Canyon Technologies subsidiary as executive director of engineering. Blue Canyon said Monday that McConnell will be responsible for managing the performance, reliability and delivery schedules of its small satellite production line. Her additi...
The U.S. Air Force has awarded Raytheon Technologies (NSYE: RTX) a $212.05 million sole-source delivery order to provide fighter aircraft engines to Morocco to fulfill a foreign military sales requirement. The order is for F100-PW-229 install engines, manufactured by Raytheon’s Pratt & Whitney business, as part of an indefinite-delivery/in...
