The State Department has approved the Dutch government’s request to buy from the U.S. government Patriot MIM-104E Guidance Enhanced Missile-Tactical ballistic missiles through a potential $1.22 billion foreign military sales agreement. Raytheon Technologies (NYSE: RTX) will serve as the prime contractor in the proposed transaction that covers tool...
The State Department has cleared a potential $397 million purchase request from the government of Kuwait for missiles, bombs, tail kits and other equipment in support of its Eurofighter Typhoon aircraft fleet. The potential foreign military sales transaction will include 60 AIM-120 C-7/8 Advanced Medium Range Air-to-Air Missiles, several hundred MK-...
The State Department has approved Norway’s request to purchase Raytheon Technologies-made (NYSE: RTX) AIM-120 advanced medium-range air-to-air missile and related equipment from the U.S. government under a potential $950 million foreign military sales agreement. The Norwegian government wants to buy 205 AIM-120 D-series, 60 AIM-120 C-8 or D-series...
Thomas Sanglier, former senior director of finance and operations internal audit at Raytheon Technologies (NYSE: RTX), has joined Leidos (NYSE: LDOS) to serve as chief audit executive. He will be responsible for leading Leidos’ internal audit assessment and quality assurance efforts, the company said Tuesday. “Tom will play a key role in lea...
Carroll Lane, an aerospace and defense industry veteran, has joined Kaman (NYSE: KAMN) as a senior vice president and president of the company’s air vehicles and precision products divisions. He succeeds the retiring Darlene Smith and brings to Kaman his expertise in strategic planning, investor relations and profit and loss management, the compan...
Primus Aerospace, an aerospace and defense components manufacturer backed by Angeles Equity Partners, has acquired fabricated metal parts supplier Raloid in a push to enter the tier 1 business segment of the defense industry. Financial terms of the acquisition were not disclosed and Angeles Equity said Tuesday the acquired small business will ...
Andrew Caso, formerly a finance executive at Pratt & Whitney, has joined Collins Aerospace as vice president of financial planning and analysis, according to his post on LinkedIn. He served as Pratt & Whitney’s VP of finance for more than four years and also held the chief financial officer role focused on transformation and strategy...
The Naval Air Systems Command has awarded Pratt and Whitney a $4.38 billion contract modification to manufacture engines for the U.S. military’s 15th and 16th F-35 production lots. The Raytheon Technologies-owned (NYSE: RTX) engine builder will provide a total of 152 F135-PW-100 turbofans to the U.S. Air Force, Navy and Marine Corps, the Depar...
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary and Axiom Space have won positions on a potential 12-year, $3.5 billion contract to develop next-generation spacesuits that would enable NASA astronauts to perform spacewalks outside the International Space Station and explore the lunar surface as part of Artemis missions. NASA said T...
A team of General Dynamics’ (NYSE: GD) mission systems business and Iridium Communications (Nasdaq: IRDM) has received a potential $324.5 million contract from the Space Development Agency to build, operate and maintain ground entry points and operations centers for the first tranche of the National Defense Space Architecture. The contract also in...
