The State Department has approved a $500M foreign military sale of Standard Missile-2 Block IIIC systems to be built by Raytheon Technologies (NYSE: RTX) for installation on Canada's planned fleet of 15 surface combatant ships.
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Raytheon Technologies to Support Navy Destroyer Logistics, Engineering Under $94M Contract Modification
Raytheon Technologies (NYSE: RTX) has been awarded a $94M contract modification for engineering and logistics support to the U.S. Navy's Zumwalt-class guided missile destroyers.
Read More »EM’s Weekly Roundup: SOCOM Awards $780M ISR Tech Supply; State Dept. Clears $300M Sale of Raytheon Naval Missiles; AECOM Moves Headquarters; Cristal Rice Joins PAE; US Army Building Software Factory to Advance AI; Boeing Tests AI-Powered Unmanned Aircraft
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Boeing Conducts Taxi Test on AI-Powered Unmanned Aircraft Prototype An unmanned aircraft prototype Boeing developed with the Australia’s air force has undergone a low-speed taxi process as part of tests and preparations for a maiden flight slated for later this year. …
Read More »State Dept Clears $300M Sale of Raytheon Technologies-Made Naval Missiles to Romania
The State Department approved Romania's request to buy anti-ship missile systems manufactured by Raytheon Technologies (NYSE: RTX) through a potential $300M foreign military sale transaction with the U.S. government. The company's missiles and defense business would deliver two units of the Naval Strike Missile Coastal Defense System and complementary equipment to Romania's government under the potential deal, the Defense Security Cooperation Agency said Friday.
Read More »Raytheon Technologies Gets $239M USAF Contract Modification to Produce More ‘StormBreaker’ Munitions
Raytheon Technologies' (NYSE: RTX) missiles and defense business has secured a $239.1M contract modification with the U.S. Air Force to produce a sixth batch of Stormbreaker weapons equipped with a tri-mode seeker technology.
Read More »Raytheon Technologies Taps Cobham to Supply Electronic Systems; Mike Kahn Quoted
TYSONS CORNER, VA, October 13, 2020 — Raytheon Technologies (NYSE: RTX) entered into a multiyear, $500M agreement to buy electronic warfare systems along with aerospace support from a Cobham subsidiary, ExecutiveBiz reported Sept. 29.
Read More »EM’s Weekly Roundup: Veritas Capital Completes $5B Acquisition of DXC’s HHS Business; Basil Parker to Become Federal CIO, Camilo Sandoval to Be Federal CISO; Lora Shiao Named ODNI COO; Cobham Signs $500M Deal with Raytheon Technologies; NSA Launches Center for Cybersecurity Standards
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Lt. Gen. Stephen Fogarty: Army Cyber Command Shifts to Information Advantage Approach Lt. Gen. Stephen Fogarty, who leads the U.S. Army’s Cyber Command (ARCYBER), said his group is shifting from a warfare-focused approach to one that prioritizes information advantage. Fogarty said at the …
Read More »State Dept Approves South Korea’s $158M Request for Sidewinder Missiles
The State Department has approved South Korea's request to purchase $158.1M in Raytheon Technologies-built (NYSE: RTX) Sidewinder missile systems along with a suite of associated equipment from the U.S. government under a foreign military sales transaction.
Read More »Raytheon Technologies to Update Air Force Missile Software Under $125M IDIQ
Raytheon Technologies (NYSE: RTX) has landed a six-year, $125M contract to update the inventory software of the U.S. Air Force's Advanced Medium Range Air-to-Air Missile system.
Read More »US, Hungary Reach $1B Air Defense Tech Sales Deal
Hungary will procure air defense systems from the U.S. under an estimated $1B deal that involves foreign military and direct commercial sales as the European country aims to modernize its Soviet-era arsenal. The FMS portion of the agreement is for 60 Raytheon Technologies-built (NYSE: RTX) Advanced Medium-Range Air-to-Air Missile-Extended Range systems and support services worth $230M.
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