Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) have secured contracts from the U.S. Air Force to mature proposed âair-breathingâ weapon systems for a hypersonic conventional cruise missile development project, according to separate award notices posted on SAM.gov. USAF awarded $47.2 million to Boeing, $33.5 ...
A Bloomberg Government report says the federal governmentâs total contract spending reached $682 billion in fiscal year 2020, a 14 percent increase from FY 2019 spending of $599 billion. BGOV said Thursday FY 2020 marks the fifth consecutive year of increase in contract spending and federal agencies primarily used $1.6 trillion in enacted FY 2020...
Raytheon Technologies (NYSE: RTX) has received a potential 15-year, $3.12 billion contract to manufacture APG-82 radar systems for the U.S. Air Forceâs F-15 fighter jet fleet. The company will also modernize and provide support services for the radar system through the indefinite-delivery/indefinite-quantity contract, the Department of Defense sai...
Stephen Steg, co-founder and chief technical officer of Blue Canyon Technologies, has been named CEO of the small satellite and mission services provider, more than five months after its acquisition by Raytheon Technologies (NYSE: RTX). Steg succeeds former Blue Canyon CEO George Stafford, who will transition into an advisory role, the company said ...
Raytheon Technologies (NYSE: RTX) and Millennium Space Systems have received separate contracts to create digital models of sensor technology for the U.S. Space Force’s future missile warning satellite constellation. The Missile Track Custody Prototype contracts call for the two companies to perform modeling work as part of the Next Generation...
Raytheon Technologies (NYSE: RTX) will provide long-range, anti-ship cruise missile systems to Romania under an agreement between the European country and the U.S. Navy. The U.S. government is selling the Naval Strike Missile Coastal Defense System through the foreign military sales program to help Romanian armed forces to defend against targets on ...
A Raytheon Technologies (NYSE: RTX) subsidiary has received a potential $68.4 million task order under a six-year contract from the Defense Logistics Agency for delivery of GPS receiver parts and provision of vendor-managed inventory services. Raytheon Intelligence and Space will conduct work in California through May 13, 2022, as part of the firm-f...
Raytheon Technologies (NYSE: RTX) has secured a five-year, $275 million contract to help NASA update the hardware and software of an Earth data management system. The company will engineer on-premise and cloud-based applications for the Earth Observing System Data and Information System as part of the EOSDIS Evolution and Development-3 contract, the...
Raytheon Technologies (NYSE: RTX) will help the U.S. Marine Corps execute secondary repairable program at its supply chain management centers in several U.S. states and Japan under a potential $495 million contract from the Navy. The company will be responsible for coordinating repair process by providing logistics consulting services at USMC facili...
General Motors has appointed Steve duMont, a former executive at the intelligence and space segment of Raytheon Technologies (NYSE: RTX), as president of its defense business arm, replacing Tim Herrick, who has been holding the post on an interim basis. duMont brings two decades of experience in working with big defense industry players, having serv...
