Search Results for: Raytheon Missiles & Defense

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

Jim Garrettson, CEO of Executive Mosaic

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. …

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State Dept Clears $300M Sale of Raytheon Technologies-Made Naval Missiles to Romania

Naval Strike Missile

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.

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Raytheon Technologies Gets $239M USAF Contract Modification to Produce More ‘StormBreaker’ Munitions

StormBreaker weapon

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.

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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

Jim Garrettson, CEO of Executive Mosaic

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 …

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US, Hungary Reach $1B Air Defense Tech Sales Deal

Raytheon AMRAAM

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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