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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Raytheon Technologies Lands $192M Air Force AMRAAM System Support IDIQ
Raytheon Technologies has secured a potential 10-year, $192M contract to help the U.S. Air Force conduct system development tests on the Advanced Medium Range Air-to-Air Missile system.
Read More »Francisco Partners to Buy Raytheon Technologies’ Forcepoint Subsidiary; Matthew Moynahan Quoted
Global investment firm Francisco Partners has agreed to acquire cybersecurity platforms provider Forcepoint from Raytheon Technologies (NYSE: RTX) for an undisclosed sum.
Read More »Former Lockheed, Raytheon Exec Judy Lewis Joins SRC as Strategy VP
Judy Lewis, former vice president of business development at Raytheon Technologies (NYSE: RTX), has been named VP for strategy at nonprofit research and development company SRC.
Read More »Rheinmetall Partners With Textron Systems, Raytheon Technologies to Pursue Army OMFV Combat Vehicle Program
A U.S.-based subsidiary of Rheinmetall’s defense segment has partnered with Textron Systems, Raytheon Technologies (NYSE: RTX) and other U.S. defense companies to form an industry team to compete for the U.S. Army’s Optionally Manned Fighting Vehicle program.
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 »Raytheon Technologies Unit to Help Army Build Positioning, Navigation & Timing System
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace business has received a contract to mature and integrate a positioning, navigation and timing system intended for the U.S. Army’s ground vehicles operating in GPS-denied areas,
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