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Croatia plans to modernize the country's fleet of M2A2 Bradley infantry fighting vehicles through a potential $757M foreign military sales deal cleared by the State Department. BAE Systems' U.S. subsidiary and Raytheon Technologies’ (NYSE: RTX) missile systems business will be the prime contractors for the planned modernization and refur...

Raytheon Technologies (NYSE: RTX) has secured a potential nine-year, $453M contract to help the U.S. Air Force modernize aircraft engines. The company will develop engineering modifications, design support equipment, perform repair work, address identified deficiencies and support engine service life maintenance or extension under the Component Impr...

TransDigm Group (NYSE: TDG) has agreed to acquire a Cobham subsidiary focused on providing antennas and radio systems for the aerospace end market. TransDigm will use existing cash on hand to finance the $965M acquisition of Cobham Aero Connectivity and expects the transaction to close during the third quarter of calendar year 2021, subject to regu...

Raytheon Technologies (NYSE: RTX) has agreed to acquire small satellites provider Blue Canyon Technologies for an undisclosed sum as part of efforts to expand its platforms in support of clients’ space missions. “What makes Blue Canyon Technologies the right fit for our business is its agile, innovative culture and expertise in small satellite ...

Raytheon Technologies (NYSE: RTX), Collins Aerospace and Interstate Electronics have won positions on a potential $552.6M contract from the U.S. Space Force to design and build miniature serial interface receivers for military GPS users equipment. Contract work also involves the integration of MGUE MSI Increment 2 with an application-specific integr...