Raytheon Technologies (NYSE: RTX) has secured a $178 million contract to help the U.S. Air Force transition to an open architecture-based ground infrastructure for processing global intelligence, surveillance and reconnaissance data. The company will provide field support services to the branch’s Distributed Common Ground System modernization ...
A new McAleese & Associates report noted the fourth quarter 2020 financial performance of large prime defense contractors Boeing (NYSE: BA), General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), Lockheed Martin (NYSE: LMT). Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX). Jim McAleese, founder of McAleese &am...
Raytheon Technologies (NYSE: RTX) will help the U.S. Air Force and the U.S. Navy integrate Advanced Medium Range Air-to-Air Missile systems into military fighter aircraft under a potential 11-year, $74 million contract. The company’s missiles and defense business in Tucson, Arizona, will provide an aviation laboratory and perform flight test, ...
Derek Tournear, director of the Space Development Agency (SDA), has been named as a winner of the highly prestigious and coveted Wash100 Award this year. Executive Mosaic has honored Tournear with a 2021 Wash100 Award for his leadership and commitment to satellite tech as well as maintaining an advantage for the U.S. over the space...
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace business will build sonar domes on U.S. Navy and allied surface combat vessels under a potential $64 million contract from the Naval Surface Warfare Center’s Crane, Indiana, division. Collins Aerospace said Tuesday its naval programs group will produce, install, engineer, deploy, inspect a...
The State Department has approved a request by the Egyptian government to procure Raytheon Technologies-built (NYSE: RTX) Rolling Airframe Missiles for ship self-defense use through a potential $197 million foreign military sales deal. Egypt asked to procure as many as 168 RIM-116C RAM systems in Block 2 configuration, guided-missile round container...
TYSONS CORNER, VA, February 17, 2021 — Raytheon Technologies (NYSE: RTX) has cited its work on the Future Operationally Resilient Ground Evolution Mission Data Processing Application Framework as an instance where DevSecOps approach helps the company to rapidly develop software, ExecutiveBiz reported Feb. 2. David Appel, vice president of defense ...
TYSONS CORNER, VA, February 16, 2021 — Roy Azevedo, president of the intelligence and space business at Raytheon Technologies (NYSE: RTX) and an inductee into Executive Mosaic's Wash100 for 2021, said the company looks to digital capabilities to transform products and modernize business processes, ExecutiveBiz reported Feb. 1....
The State Department has cleared a potential $85 million foreign military sale of Raytheon Technologies-built (NYSE: RTX) Block IIIA Standard Missile-2 systems to support Chile's anti-air warfare arsenal....
Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, will proudly present the 2021 Wash100 Award, the most prestigious and prominent award in all of GovCon, to the 100 distinguished executives who have demonstrated excellence in leadership, innovation, ...
