Raytheon Technologies (NYSE: RTX) plans to realign its four current businesses into three focused segments – Collins Aerospace, Pratt & Whitney and Raytheon – as part of efforts to drive the company’s technology synergies, market growth and financial targets. Christopher Calio, chief operating officer of Raytheon, will assume additiona...
Shey Edwards, a nearly two-decade veteran at Raytheon Technologies (NYSE: RTX) and its former branding and business, has been appointed as chief operating officer for high-consequence missions within the company’s intelligence and space segment, according to a LinkedIn post published Saturday. The Raytheon Intelligence & Space executive mo...
Matt Veldhuis, a 22-year veteran of Lockheed Martin (NYSE: LMT), has joined Raytheon Technologies (NYSE: RTX) as director of business development within the intelligence and space unit. He will oversee requirements and capabilities related to space intelligence, surveillance and reconnaissance in his new position, according to a LinkedIn post publis...
A Raytheon Technologies (NYSE: RTX) business unit has secured a 10-year, $375 million contract to modernize a satellite-based air navigation system for the Federal Aviation Administration. Raytheon Intelligence & Space will refresh the technical features of and add a dual frequency operation service to the Wide-Area Augmentation System under the...
Raytheon Technologies‘ (NYSE: RTX) intelligence and space business has secured a five-year, $184 million contract to supply Advanced Synthetic Aperture Radar System-2B sensors and supplementary equipment to the U.S. Air Force. The branch is obligating $63.6 million at the time of award from its fiscal 2021 and 2022 procurement funds, the Depar...
Jackie Schmoll, a nearly two-decade defense and civilian market veteran, has joined Raytheon Technologies (NYSE: RTX) as vice president of requirements and capabilities for space and command and control systems. She is now part of Raytheon’s intelligence and space business unit where she will be responsible for developing and implementing grow...
Roy Azevedo, president of Raytheon Technologies’ intelligence and space business, was presented with his 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office in Arlington, VA. Executive Mosaic is honored to recognize Roy Azevedo as a three-time Wash100 Award recipient, for driving business...
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...
Raytheon Technologies’ (NYSE: RTX) intelligence and space unit has secured a $21.7 million contract modification to continue to develop, test, train and implement a consolidated weather data platform for the Federal Aviation Administration. The modification exercises the fourth option year of the NextGen Weather Processor contract, which aims to r...
David Appel, most recently vice president of command and control digital solutions at Raytheon Technologies’ (NYSE: RTX) intelligence and space business, has joined Amazon’s (Nasdaq: AMZN) cloud computing arm as VP of national security, GovCon Wire has learned. He announced his move to Amazon Web Services in a LinkedIn post published Sunday. In ...
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