Raytheon’s subsidiary company Raytheon Solipsys  located in Fulton, Maryland has won a $98 million contract with the Air Force Cryptologic Program System Group. The work will be conducted at Lackland Air Force Base, Texas. Raytheon Solipsys will provide command and control services for the US Air force, Army and Navy. The Fulton division specializes in  sensor automation, information synthesis, networking and communications, and visualization, according to its website.
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