The Intelligence Advanced Research Projects Activity has chosen four teams led by a Raytheon (NYSE: RTN) subsidiary and three universities to perform research and development work on a system to retrieve data from cross-lingual and multitopic sources.

Raytheon (NYSE: RTN) has received a potential three-year, $267.2M contract modification to produce, test and deliver 20 Standard Missile-3 Block IIA weapons to the Missile Defense Agency.

Raytheon (NYSE: RTN) and Vista Equity Partners are in discussions over the value of Forcepoint, a joint cybersecurity venture the companies formed in 2015, Inside Defense reported Thursday.

Two presidents have been appointed to lead the Raytheon (NYSE: RTN) businesses that will be consolidated once the Waltham, Mass.-based defense contractor and United Technologies Corp. (NYSE: UTX) complete their merger.

Neil Mitchill, vice president and chief financial officer of United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary, has been appointed to serve as UTC CFO on an acting basis, the Wall Street Journal reported Tuesday.

Raytheon (NYSE: RTN) has handed over to the U.S. Air Force a high-energy laser counter-drone system designed to trace and neutralize rogue unmanned aircraft.

Raytheon (NYSE: RTN) has won a two-year, $128.5M contract to help the U.S. Air Force maintain and operate mobile sensors at radar facilities. The company will maintain operational readiness of Cobra King and Gray Star radar systems that work to provide situational awareness on a 24-hour basis, the Department of Defense said Monday.

Raytheon (NYSE: RTN) has showcased the design of a sensor the Waltham, Mass.-based company will produce to replace the Patriot missile defense system's current radar technology as part of a $384M contract from the U.S. Army. The service branch aims to complete Patriot radar modernization efforts as early as 2022.

The U.S. Army has selected Raytheon (NYSE: RTN) to build a new radar technology for the service branch's  Patriot missiles under a $384M initial firm-fixed-price contract, Bloomberg reported Thursday.

Stockholders at Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) approved at their respective meetings the companies’ agreement to merge in an all-stock transaction and create a technology provider that will be known as Raytheon Technologies.