Hungary will procure air defense systems from the U.S. under an estimated $1B deal that involves foreign military and direct commercial sales as the European country aims to modernize its Soviet-era arsenal. The FMS portion of the agreement is for 60 Raytheon Technologies-built (NYSE: RTX) Advanced Medium-Range Air-to-Air Missile-Extended Range...
BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday....
Intel (Nasdaq: INTC) has named Allen Thompson, formerly an executive director at Raytheon Technologies (NYSE: RTX), vice president of U.S. government relations to oversee the chipmaker's state and federal communications initiatives....
Raytheon Technologies' (NYSE: RTX) Collins Aerospace business has secured a $126M contract to research, develop, build and sustain common avionics architecture systems for the U.S. Special Operations Command....
The State Department has approved potential sales of Raytheon Technologies-built (NYSE: RTX) MK 54 all-up round lightweight torpedoes worth $163.3M combined to the governments of Germany and Belgium....
The State Department has cleared a potential $230M foreign military sale of Raytheon Technologies-built (NYSE: RTX) missile systems, related equipment and support services to Hungary....
BAE Systems Inc., the British contractor's U.S. subsidiary, has wrapped up its $275M acquisition of a Raytheon Technologies (NYSE: RTX) unit that produces airborne tactical radio systems for defense customers and aircraft manufacturers....
Raytheon Technologies' (NYSE: RTX) Collins Aerospace business has secured a delivery order to supply more AN/PRC-162 ground radio systems to the U.S. Army....
Pratt & Whitney, now part of Raytheon Technologies (NYSE: RTX), has secured a $111.1M contract modification to build propulsion systems designed to power the U.S. Marine Corps' F-35B short takeoff and vertical landing aircraft....
The board of directors of United Technologies Corp. (NYSE: UTX) approved the spinoffs of its Carrier and Otis subsidiaries into two independent companies and expects to complete the separations on April 3. "Executing the separations of Carrier and Otis is also a major milestone to completing the merger of UTC's aerospace businesses with R...
