Raytheon Technologies‘ (NYSE: RTX) Pratt & Whitney business has secured a $2 billion contract modification for lot 17 F-35 aircraft engine manufacturing services in support of U.S. and international defense customers. The award from the U.S. Navy’s Naval Air Systems Command will fund the procurement of propulsion system materials, pa...
A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...
Maya Raichelson, former vice president of global operations at Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace business, has transitioned to a new role as VP of mission systems operations within the same unit. She announced her new position in a LinkedIn post published Saturday. Raichelson joined Collins Aerospace in late 2021 after more ...
Raytheon Technologies (NYSE: RTX) will maintain kinetic-force weapon systems for the Missile Defense Agency under a potential five-year, $621.4 million contract. The indefinite-delivery/indefinite-quantity contract comprises personnel, facilities and equipment support for the maintenance of exoatmospheric kill vehicles, the Department of Defense sai...
The U.S. Army has selected a dozen companies for a 10-year, $450 million contract vehicle to support its modernization and combat overmatch capability development efforts. Army Contracting Command received 27 bids for the cost-plus-fixed-fee, firm-fixed-price contract via an online solicitation and will determine funds and work locations on a per-or...
Chris Boynton, a two-decade veteran of Raytheon Technologies (NYSE: RTX), has joined Battelle as executive vice president and chief financial officer. Lou Von Thaer, president and CEO of Battelle and a 2023 Wash100 awardee, said in a statement published Tuesday Boynton brings to the nonprofit research and development organization his knowledge and e...
The State Department has cleared Ukraine’s $285 million foreign military sale request for a medium-range air defense system from Raytheon Technologies (NYSE: RTX). Raytheon’s missiles and defense subsidiary will be the principal contractor on the proposed National Advanced Surface-To-Air Missile System sale, the Defense Security Cooperat...
SpiderOak has received investments from the venture capital arms of Accenture (NYSE: ACN), Raytheon Technologies (NYSE: RTX) and Stellar Ventures and will use the capital to speed up the deployment of zero-trust, cybersecurity platforms for government and commercial clients operating in the space sector. SpiderOak said Thursday the investment will h...
Alicia Calef, a two-decade veteran of Raytheon Technologies (NYSE: RTX), has joined Parsons (NYSE: PSN) to serve as senior vice president of operations for engineered systems. In a LinkedIn post, Calef said she will work with the business president and sector leaders to advance growth initiatives. She will lead strategic and tactical operations to m...
Brad Barnard, a 25-year defense market veteran, has been appointed vice president and general manager of the land systems division at Saab‘s U.S. subsidiary. His industry career encompasses work across program management, strategy, business development and operations research functions, Saab Inc. said Tuesday in a LinkedIn post. Barnard most r...
