Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTC), has said that both UTC and Raytheon (NYSE: RTN) agreed on implementing a "platform agnostic" approach for technology offerings of the future merged company. The two contractors signed an all-stock deal that will create a systems provider across aerospace and defense se...
Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, whic...
TYSONS CORNER, VA, June 7, 2019 ” Maxar Technologies (NYSE: MAXR) posted more than $95M in contracts from public sector customers — the U.S. Air Force, National Geospatial-Intelligence Agency and U.S. Special Operations Command — for Earth intelligence services, ExecutiveBiz reported Monday. The company said Monday the contracts, wh...
L3 Technologies (NYSE: LLL) CEO Christopher Kubasik said the company’s planned merger with Harris (NYSE: HRS) still needs approval from the Department of Justice, the European Union and Turkey, Inside Defense reported Thursday....
TYSONS CORNER, VA, June 6, 2019 ” General Dynamics‘ (NYSE: GD) information technology business will work with the Department of Health and Human Services under a $49M multi-award contract to utilize artificial intelligence and other technologies for HHS modernization efforts, ExecutiveBiz reported May 30. The company said May 30 General D...
L3 Technologies (NYSE: LLL) has won a potential $499.6M contract to update the avionics system of C-130H airlifters operated by Air National Guard and Air Force Reserve Command. USAF received six offers for the fixed-price-incentive-firm contract covering production, training and logistics support work on 176 C-130Hs, the Department of Defense ...
The National Reconnaissance Office selected three companies to conduct satellite imagery studies that aim to evaluate industry’s capacity to help the U.S. government address geospatial intelligence requirements by 2023....
Mike Bowers, a three-decade federal information technology veteran, has been appointed chief operating officer of DRT Strategies as part of a reorganization effort aimed to drive growth and market opportunities....
United Technologies Corp.'s Pratt and Whitney has secured a $3.24B contract modification to produce 233 propulsion systems for the F-35 program. Pratt and Whitney will provide 56 F135 propulsion systems to the U.S. Air Force, 10 to the Navy, 24 to the U.S. Marine Corps and 143 to non-defense and foreign military sales customers, the Departmen...
A Braxton Technologies-led industry team has won a potential $100M contract to develop a prototype of infrastructure designed to help the U.S. Air Force's Space and Missile Systems Center manage satellite operations on the ground....
