NavalX, the U.S. Navy’s newest innovation office that launched in 2019, has continued efforts to innovate and transform the workforce. Director of the unit, Capt. Frank Futcher, has discussed recent initiatives within the department since NavalX was established. Futcher will also serve as a panelist during Potomac Officers Club’s 2020 Navy Forum on September 30th. 

CAPT Frank Futcher, NavalX director with the U.S. Navy, will serve as a panelist during Potomac Officers Club’s 2020 Navy Forum on September 30th. Futcher is a career Navy Supply Officer and currently assigned to the office of the Assistant Secretary of the Navy for Research, Development and Acquisition. Click here to register for the 2020 Navy Forum!

Amy Hutchins, director of competitive intelligence at IBM (NYSE: IBM), recently caught up with ArchIntel to discuss how the firm's CI process has shifted over time and with the advent of COVID-19 and the role social tools play in her own team, as well as why she believes the visual is a key factor when preparing a CI report. This is the 13th in a series of interviews with Competitive Intelligence and GovCon executives who share their insights about creating and sustaining a competitive advantage.

Jacobs (NYSE: J) and John Holland, an Australian rail group, will partner to deliver design and construction services to Transport for New South Wales (TfNSW) under the approximate two-year, $195 million More Trains, More Services - North Works Package project, Jacobs announced Tuesday.

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the regulatory clearances needed to close the transaction. According to a joint statement, the combined company will operate as Raytheon Technologies and trade under the “RTX” ticker symbol on the New York Stock Exchange.

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through an all-stock transaction, Reuters reported Friday. A DOJ notice posted Thursday says the approval comes with a proposed settlement that requires both companies to divest to a U.S. approved-buyer Raytheon’s airborne tactical radios business and UTC’s military GPS business and its large space-based optical systems unit to maintain competition.

The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday.

The board of directors of United Technologies Corp. (NYSE: UTX) approved the spinoffs of its Carrier and Otis subsidiaries into two independent companies and expects to complete the separations on April 3. "Executing the separations of Carrier and Otis is also a major milestone to completing the merger of UTC's aerospace businesses with Raytheon to create Raytheon Technologies,” Greg Hayes, chairman and CEO of UTC, said in a statement published Wedneday.

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTX), said UTC hopes to close its potential $120B merger with Raytheon (NYSE: RTN) by early April and has begun planning for the integration of the two companies, the Hartford Business Journal reported Tuesday.

BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) to secure the required antitrust approval for their pending merger.