A Raytheon Technologies (NYSE: RTX) subsidiary will manufacture 571 more Sidewinder infrared-tracking, short-range missiles under a $263.7 million production lot 23 contract modification for a U.S. Navy-led joint weapon procurement effort with the U.S. Air Force. The award to Raytheon Missiles & Defense represents exercised options for the suppl...
A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...
Maya Raichelson, former vice president of global operations at Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace business, has transitioned to a new role as VP of mission systems operations within the same unit. She announced her new position in a LinkedIn post published Saturday. Raichelson joined Collins Aerospace in late 2021 after more ...
Raytheon Technologies (NYSE: RTX) will maintain kinetic-force weapon systems for the Missile Defense Agency under a potential five-year, $621.4 million contract. The indefinite-delivery/indefinite-quantity contract comprises personnel, facilities and equipment support for the maintenance of exoatmospheric kill vehicles, the Department of Defense sai...
The cyber domain has become more influential than ever before, bringing about new capabilities and new threats. To keep up with constant developments in the cyber realm, the public sector has ramped up its investments in cyber to protect civilians, empower military forces and gain an advantage in the complex domain. Federal efforts to embrace...
Thirty-seven vendors have won spots on a potential 10-year, $32.5 billion multiple-award contract for the design, development, production and sustainment of training systems. The Training Systems Acquisition IV indefinite-delivery/indefinite-quantity contract covers analysis, installation, integration and testing support for aircrew, maintenance and...
The U.S. Army has selected a dozen companies for a 10-year, $450 million contract vehicle to support its modernization and combat overmatch capability development efforts. Army Contracting Command received 27 bids for the cost-plus-fixed-fee, firm-fixed-price contract via an online solicitation and will determine funds and work locations on a per-or...
The great power competition has been steadily intensifying over the past couple of decades and now, U.S. defense leaders are preparing for a potential future fight with its peer competitors in the Indo-Pacific region. The U.S. Navy will play a critical role in deterring adversaries and overcoming the tyranny of distance in this key geographical...
Chris Boynton, a two-decade veteran of Raytheon Technologies (NYSE: RTX), has joined Battelle as executive vice president and chief financial officer. Lou Von Thaer, president and CEO of Battelle and a 2023 Wash100 awardee, said in a statement published Tuesday Boynton brings to the nonprofit research and development organization his knowledge and e...
In recent years, major geopolitical events like the Russian re-invasion of Ukraine have taught global leaders important lessons about potential future conflicts, the importance of cybersecurity and the vulnerabilities adversaries can exploit. But how are these lessons translating into actions? Tina Dolph, president and chief operating officer for CR...
