The U.S. Navy has awarded Raytheon Technologies' (NYSE: RTX) Pratt & Whitney subsidiary a four-year, $290.7 million contract to provide equipment and supplies for depot-level maintenance of F-35 aircraft propulsion systems for domestic and international customers....
James Loeblein, formerly vice president of naval requirements and capabilities at Raytheon Technologies‘ (NYSE: RTX) missiles and defense business, has been appointed to su Huntington Ingalls Industries (NYSE: HII) as corporate VP of customer affairs. HII said Tuesday Loeblein succeeds the retiring Dan Holloway and will lead outreach work for ...
TYSONS CORNER, VA, January 26, 2021 — A Raytheon Technologies (NYSE: RTX) business unit tested a data analysis approach for the U.S. Army’s Tactical Intelligence Targeting Access Node program to demonstrate multisource information processing using predictive algorithms, ExecutiveBiz reported Wednesday. The company defines activity-based inte...
Six executives from the defense industry have joined the Intelligence and National Security Alliance’s board of directors to serve three-year terms and support public-private dialogue on national security matters. INSA said Thursday its newly elected directors include Damian DiPippa, senior vice president and general manager of Perspecta‘s (...
Northrop Grumman (NYSE: NOC) will aim to demonstrate a space-based sensor technology for defending against hypersonic weapons and other sophisticated missile threats under a $155 million prototype award from the Missile Defense Agency. The company will perform on-orbit demonstration, launch and initial orbit testing work under Phase IIa of MDA’...
The U.S. and the United Arab Emirates have signed an agreement for the UAE to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets and up to 18 drones, Reuters reported Thursday. The F-35s are part of a potential $23 billion deal that includes the procurement of high-tech weapons systems from Lockheed, General Atomics and...
Leonardo DRS‘ Laurel Technologies business and Data Link Solutions — a joint venture between BAE Systems and Collins Aerospace — have each secured a two-year, $150M blanket purchase agreement to provide cabinets for U.S. Navy electronic equipment. Each company will manufacture up to 150 electronic equipment cabinets for the military ...
A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. Lockheed received $45.6B in FY 2019 contracts, while Boeing and Northrop secured $25.7B and $19.5B in contracts,...
The U.S. Army has awarded Raytheon Technologies (NYSE: RTX) and Palantir Technologies (NYSE: PLTR) separate other transaction agreements to mature system design and software for the branch’s expeditionary intelligence ground station modernization effort, Signal Magazine reported Monday. Each OTA is valued at $8.5M over 12 months and covers tec...
Global investment firm Francisco Partners has announced the appointment of Manny Rivelo, a more than 30-year executive in security and information technology sectors, as the new CEO of Forcepoint in a string of executive appointments after it completed the acquisition of the cybersecurity platforms developer from Raytheon Technologies (NYSE: RT...
