Raytheon Technologies (NYSE: RTX) posted $16.31 billion in sales for its fiscal year 2022 second quarter, up 4 percent on an organic basis over the prior-year period and reported adjusted earnings per share rose from $1.03 to $1.16 per share. The Arlington, Virginia-based defense and aerospace contractor attributed the higher sales to a strong start...
The space divisions of Lockheed Martin (NYSE: LMT) and Maxar Technologies (NYSE: MAXR) have received 10-month contracts to study spacecraft designs for the National Oceanic and Atmospheric Administration’s Geostationary Extended Observations program with NASA. NASA awarded $5 million to each contractor to conduct concept development and technology...
The State Department has approved the request of the Japanese government to acquire advanced medium-range air-to-air missiles and related equipment under a potential $293 million foreign military sales agreement. Raytheon Technologies‘ (NYSE: RTX) missile systems business will serve as the principal contractor for the possible FMS covering 150...
Sierra Nevada Corp.‘s space subsidiary has created a group that will advise the business on matters related to national security threats and technology trends. James “Hondo” Geurts, former acting undersecretary and acquisition chief of the U.S. Navy and a previous Wash100 awardee, will lead the national security advisory group at Sierra Space ...
In today’s federal contracting landscape, data is one of the most important and useful assets an organization can leverage. Data coming from multiple endpoints, sources and sensors can provide agencies with critical insights into business processes, IT environments, security and more — if harnessed properly. Top-level government and industry exe...
Aydin Mohtashamian, a more than two-decade aerospace and defense sector veteran, has joined mission computing technology provider Parry Labs as chief operating officer. He brings experience in digital transformation, large-scale systems integration, operational planning and execution and product development to his new position, the company said Mond...
Christina Zamarro, vice president of finance and treasurer at The Goodyear Tire & Rubber Co. (Nasdaq: GT), has joined the board of directors of L3Harris Technologies (NYSE: LHX). Christopher Kubasik, chair and CEO of L3Harris, said in a statement published Thursday Zamarro is a finance leader with experience in business operations, capital marke...
The State Department has approved the Dutch government’s request to buy from the U.S. government Patriot MIM-104E Guidance Enhanced Missile-Tactical ballistic missiles through a potential $1.22 billion foreign military sales agreement. Raytheon Technologies (NYSE: RTX) will serve as the prime contractor in the proposed transaction that covers tool...
The State Department has cleared a potential $397 million purchase request from the government of Kuwait for missiles, bombs, tail kits and other equipment in support of its Eurofighter Typhoon aircraft fleet. The potential foreign military sales transaction will include 60 AIM-120 C-7/8 Advanced Medium Range Air-to-Air Missiles, several hundred MK-...
The U.S. Space Force is conducting market research into potential vendors that can help the branch develop, implement, update and expand software platforms to defend its networks and associated computer systems. USSF said Wednesday in a SAM.gov notice that the government intends to procure industry services to support the Space Systems Command’...
