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Raytheon Teams With CAE, Alenia on Air Force T-X Program Bid

T-38TYSONS CORNER, VA, February 22, 2016 — Raytheon (NYSE: RTN) will likely hold the prime role in a teaming agreement with CAE (NYSE: CAE) and Alenia Aermacchi to pursue the U.S. Air Force‘s T-X pilot trainer contract, ExecutiveBiz reported Friday.

Defense News reported Tuesday Raytheon will replace General Dynamics (NYSE: GD) in the team, which will offer a trainer replacement based on Alenia’s M-346 design.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

David Smith
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