The U.S. Air Force plans to extend Raytheon Technologies' (NYSE: RTX) work under a potential $900M contract to develop a nuclear weapon to replace the service branch’s aging air-launched cruise missiles....
AMERGINT Technologies Holdings has agreed to acquire the space-based precision optics business of Raytheon Technologies (NYSE: RTX) for an undisclosed sum. The Danbury, Conn.-based space-based optics business is part of Raytheon Technologies’ Collins Aerospace subsidiary and provides precision electro-optical systems for defense and national secu...
Twelve companies have been awarded spots on a potential five-year, $497.5M U.S. Navy contract to provide Strike Planning and Execution System hardware and software for domestic and foreign military clients....
The U.S. Navy has selected 25 companies for a potential 11-year, $7.14B contract to perform full-rate production of aircraft components and aviation systems for the Naval Air Warfare Center Aircraft Division....
The Navy has awarded 42 small businesses spots on a potential 10-year, $6.1B contract for aircraft maintenance support services. The service received 42 offers for the kits, aircraft recovery, augmentation, components and engines contract and expects work to conclude by April 2030, the Department of Defense said Tuesday....
The Department of Homeland Security has announced plans to acquire commercial technologies and innovative products and services using the Commercial Solutions Opening Pilot Program in support of the COVID-19 pandemic response efforts....
A consortium of investors led by Toronto-based private investment firm Northern Private Capital has closed its acquisition of MDA from Maxar Technologies (NYSE: MAXR) for approximately $765M....
Paul Cormier, formerly president of products and technologies at Red Hat, has been named president and CEO of the open source software provider. He succeeds Jim Whitehurst, who transitioned to new roles as chairman of Red Hat and president of its parent company, IBM (NYSE: IBM)....
TYSONS CORNER, VA, April 6, 2020 — Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a recipient of the 2020 Wash100 award, believes that the company will continue to grow regardless of current events, ExecutiveBiz reported March 19....
Raytheon Technologies started trading Friday on the New York Stock Exchange under the ticker symbol “RTX” after United Technologies Corp. and Raytheon completed their all-stock merger that was first announced in June 2019. The Waltham, Mass.-based publicly traded combined company has approximately $74B in pro forma 2019 net sales and operates w...
