Raytheon Technologies (NYSE: RTX) has received a potential one-year, $650.4 million contract modification from the U.S. Navy for the production and delivery of 15 Next Generation Jammer Mid-Band ship sets. The Department of Defense said Thursday 11 of the lot 3 low-rate initial production NGJ-MB ship sets will go to the Navy and the rest...
Raytheon Technologies (NYSE: RTX) will continue to manufacture AN/SPY-6(V) radar systems for the U.S. Navy under a $619 million contract option. The award will enable the service branch to install the air and missile defense radar technology on initial Arleigh Burke-class Flight IIA destroyer ships, the company said Wednesday. SPY-6 is designed to h...
Raytheon Technologies (NYSE: RTX) and Lockheed Martin (NYSE: LMT) received separate contracts worth $116 million combined to design carrier-based, air-launched hypersonic missile systems for the U.S. Navy. Both companies have been tasked with conducting technical maturation and development efforts under the Hypersonic Air Launched Offensive An...
Raytheon Technologies (NYSE: RTX) has won a potential $1.2 billion contract from the U.S. Army for Patriot Missile System fire units. Army Contracting Command received two offers for the firm-fixed-price contract and obligated the whole contract amount using foreign military sales funds for fiscal year 2023, the Department of Defense said Tuesday. W...
The U.S. Army has selected Lockheed Martin (NYSE: LMT) and a team of Raytheon Technologies (NYSE: RTX) and Northrop Grumman (NYSE: NOC) to further develop their extended-range missile designs and propulsion systems for the Long Range Maneuverable Fires program. Raytheon and Northrop said Monday their team will co-design, produce and test the propuls...
Raytheon Technologies (NYSE: RTX) will manufacture lot nine glide bombs equipped with multimode seeker technology for the U.S. Air Force under a $320.3 million contract. The company’s missiles and defense business will produce 1,500 units of the StormBreaker, a networked weapon designed to locate and engage fixed or moving targets, Raytheon sa...
The U.S. Navy has exercised options worth $234 million under a contract with Raytheon Technologies (NYSE: RTX) for the production and delivery of an over-the-horizon weapon system for defending against targets at sea and on land. Raytheon and its Norwegian partner Kongsberg Gruppen won the potential $847.6 million OTH-WS contract in 2018 to supply N...
Executive Mosaic is honored to introduce Kathy Warden, chair, CEO and president of Northrop Grumman, as a 2023 Wash100 Award winner for aligning the company’s portfolio of technology offerings to priorities of defense customers and advancing strategic growth. This year marks the 10th iteration of Executive Mosaic’s annual list of the top 100...
Pratt & Whitney, a business unit of Raytheon Technologies (NYSE: RTX), has secured a potential $8 billion contract to manufacture engines to power F-35 jets, produced by Lockheed Martin (NYSE: LMT), for U.S. and international defense customers. The deal covers 15-16 production lots of up to 518 F135 engines and includes a lot 17 lot...
Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) will continue to refine their proposed concepts of the Glide Phase Interceptor under modifications to their other transaction prototype agreements with the Missile Defense Agency. The companies will further develop their interceptor concepts for MDA’s regional hypersonic missile de...
