TYSONS CORNER, VA, Nov. 16, 2021 — A Raytheon Technologies (NYSE: RTX) vice president has expressed the need for the Department of Defense to employ evolutionary capabilities and revolutionary platforms to ensure that missile defense could take on emerging hypersonic and cruise missile threats, ExecutiveBiz reported Friday. “We need to have ...
Raytheon Technologies (NYSE: RTX) has secured an approximately $150.2 million contract to expand and modernize the British air force’s fleet of intelligence, surveillance, target acquisition and reconnaissance aircraft. The U.K. defense ministry said Wednesday the company will deliver two planes to increase the current six-aircraft fleet for I...
Raytheon Technologies‘ (NYSE: RTX) intelligence and space business has won a $340 million contract to help the U.S. Air Force operate and maintain a sea-based active electronically scanned array radar system. The company will support the Cobra King radar system‘s mobile sensors under the indefinite-delivery/indefinite-quantity contract, ...
TYSONS CORNER, VA, Oct. 15, 2021 — Roy Azevedo, president of Raytheon Technologies‘ (NYSE: RTX) intelligence and space business, has remarked on the opening of a 178,000-square-foot manufacturing facility in McKinney, Texas, and underscored the company’s focus on enhancing its ability to develop and deliver technologies to customers, Execu...
John Johnson, a retired U.S. Army lieutenant general and formerly a vice president at Raytheon Technologies (NYSE: RTX), has joined General Motors‘ (NYSE: GM) defense subsidiary as vice president of business development. In his new capacity, Johnson will aim to identify growth opportunities in the military vehicle, propulsion, power, autonomy ...
TYSONS CORNER, VA, Oct. 6, 2021 — A vice president at Raytheon Technologies‘ (NYSE: RTX) intelligence and space business has talked about how the company provided assistance in analyzing and detecting fire patterns during an ongoing series of wildfires in California by employing its artificial intelligence technology that leverages ensemble ...
Mitch Stevison, formerly a vice president at Raytheon Technologies‘ (NYSE: RTX) missiles and defense business, has been appointed executive VP and chief growth officer of Mercury Systems (Nasdaq: MRCY). He brings more than 16 years of aerospace and defense industry experience to his new position and will be responsible for driving Mercury̵...
Raytheon Technologies (NYSE: RTX) has been awarded a potential $1.28 billion contract by Naval Sea Systems Command to provide full-rate production services to the Evolved Seasparrow Missile Block 2 program, a collaboration between the U.S. and several other NATO member countries. The firm-fixed-price contract has a $358 million initial value and cov...
Raytheon Technologies (NYSE: RTX) has received a potential $362.4 million contract from the U.S. Navy to provide engineering and technical services supporting the Evolved Seasparrow Missile and NATO Seasparrow Missile Systems programs. The cost-plus-fixed-fee and cost-only contract has a base value of $105.8 million and involves purchases from the N...
A Raytheon Technologies (NYSE: RTX) business unit has secured a nearly $139 million contract from the U.S. Navy to procure, repair, overhaul and update parts of a radar-guided gun system for defending against anti-ship missiles and aerial threats. Under the three-year contract, Raytheon Missiles & Defense will also provider mini-stock point supp...
