The US Navy awarded Raytheon a $12.8 million contract to test and update its Tomahawk missiles. The testing will mostly be performed at Raytheon’s base in Tucson Arizona. A prototype is scheduled by 2012 and is expected to have the ability to hit a target at sea from 1, 000 miles away.
RTX (NYSE: RTX) has reported first quarter 2024 sales of $19.3 billion, a 12 percent increase from the prior-year period, and posted GAAP earnings per share of $1.28, up 32 percent compared to the previous year. In an earnings statement published Tuesday, RTX said it recorded $1.3 billion in gross proceeds from the divestiture of
Srini Dixit was named chief financial officer of CAE‘s defense and security business, joining the Arlington, Texas-located aviation services company from RTX‘s (NYSE: RTX) Raytheon subsidiary where he previously worked as vice president and CFO of its air power strategic business unit. He announced his appointment to the CAE Defense & Security executive leadership team
Jeff Standerski, an industry executive, has been appointed vice president for Mission 24 at RTX (NYSE: RTX) business Raytheon. He disclosed the move in a LinkedIn post published Monday. In this capacity, Standerski oversees transformation efforts at Raytheon with a focus on advancing program execution and business growth initiatives and improving operational productivity, according to