The Pentagon has offered Turkey the opportunity to purchase the latest version of their Patriot air-defense missile as part of an arms package that will include up to 290 missiles including 72 PAC-3 models and communications gear. The package is valued at up to $7.8 billion.
Frank Kendall, who served as acquisition chief at the Department of Defense from May 2012 to January 2017, has been confirmed by the Senate to assume the U.S. Air Force’s top civilian position. He will be the 26th secretary of the Air Force and will replace John Roth, who has held the SecAF role on
Raytheon Technologies (NYSE: RTX) will continue manufacturing air and missile defense radar systems for installation on U.S. Navy ships under a potential $781 million contract modification. This award for AN/SPY-6(V) integration and product support services has a $67.7 million face value and will reach the ceiling amount if the military branch exercises all options, the
Jeff Shockey, most recently vice president of global sales and marketing for Boeing‘s (NYSE: BA) defense, space and security business, has been appointed senior vice president of global government relations at Raytheon Technologies (NYSE: RTX). Shockey will succeed Timothy McBride, who will formally depart his role later this year, and will communicate Raytheon’s business interests