The State Department has approved a request by Taiwan’s economic and cultural representative office to obtain technical assistance and related equipment for the Raytheon Technologies-built (NYSE: RTX) Patriot air defense system through a $95 million foreign military sales transaction with the U.S. government. The Taiwanese government is seekin...
Raytheon Technologies (NYSE: RTX) has secured a potential $3.2 billion contract to build a family of radars designed to help the U.S. Navy defend against hostile aircraft and various missile threats. The company said Thursday it will manufacture SPY-6 hardware in solid-state, rotating and fixed-face variants for installation on seven types of Navy s...
Raytheon Technologies (NYSE: RTX) has received a $93.55 million contract modification from the U.S. Navy to continue the company’s modernization, conversation and overhaul support for the MK15 close-in weapon system. The company’s missiles and defense unit is helping the service branch update CIWS and associated hardware, the Department ...
Raytheon Technologies (NYSE: RTX) has appointed 21-year company veteran Barbara Borgonovi to serve as senior vice president of corporate strategy and development starting April 1. She is currently the president of the intelligence, surveillance and reconnaissance systems group within the intelligence and space business, the aerospace and defense con...
Executive Mosaic is glad to introduce Roy Azevedo, president of Raytheon Technologies‘ intelligence and space subsidiary, as a recipient of the 2022 Wash100 Award for driving business growth through major contract wins, technology development efforts, workforce and facility expansion as well as acquisition and partnership activities. The rec...
Christopher Calio, president of Pratt & Whitney since January 2020, will transition to a new role on March 1 as chief operating officer of the aircraft engine manufacturer’s parent company Raytheon Technologies (NYSE: RTX). He will oversee the four business segments of Raytheon and manage various corporate functions such as supply chain, t...
A Raytheon Technologies (NYSE: RTX) subsidiary has received a potential five-year, $105 million contract to perform technical collection and communications work for U.S. Special Operations Command. USSOCOM received two bids for the indefinite-delivery/indefinite-quantity contract and selected Raytheon Blackbird Technologies to provide field service ...
Frank Jimenez, former general counsel at the Department of the Navy and Raytheon Technologies (NYSE: RTX), joined the board of directors of Huntington Ingalls Industries (NYSE: HII). His appointment took effect Thursday and he is admitted to District of Columbia, New York, Florida and U.S. Supreme Court bars, HII said Tuesday. Jimenez previously hel...
TYSONS CORNER, VA, Dec. 29, 2021 — A team from Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) has completed the system requirements review of the Next Generation Interceptor under a Missile Defense Agency contract awarded in March, ExecutiveBiz reported Dec. 21. The NGI team will now proceed to initial system design, additional...
Raytheon Technologies (NYSE: RTX) has received a $250 million award that increases the potential value of its contract with the U.S. Air Force to incorporate baseline engineering changes into the StormBreaker glide bomb system baseline. The sole-source contract calls for Raytheon Missiles and Defense to design, develop, integrate, test and engineer ...
