Pratt & Whitney, a Raytheon Technologies (NYSE: RTX) subsidiary, has received a $736.6 million contract modification from the U.S. Navy to provide military service branches and non-Department of Defense organizations with spare parts for the F-35 aircraft propulsion system. The contractor will also deliver F-135 engine modules, support equipment...
Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace business has secured a potential $205.06 million contract from the Defense Information Systems Agency to provide datalink services to air traffic control and government command-and-control operations. The Defense Information Technology Contracting Organization will use fiscal 2022 operations...
Jim McAleese, founder of McAleese & Associates and three-time Wash100 winner, estimates 4 percent to 7 percent growth in overall second quarter sales among defense primes. His analysis of contractor Q2 results covered Boeing (NYSE: BA), BAE Systems, General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), L3Harris Technologies (NY...
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary has agreed to acquire FlightAware for an undisclosed sum. Houston-based FlightAware is a digital aviation company with approximately 130 employees and has been delivering global flight tracking platforms, analytics, predictive technology and historical and real-time flight data to the...
The U.S. Army has selected Leidos’ (NYSE: LDOS) Dynetics subsidiary to develop prototypes of a platform meant to defend against unmanned aircraft systems and cruise missile threats, Defense News reported Tuesday. Defense News cited sources that say the service’s decision was based on a shoot-off for its enduring Indirect Fires Protection Capabil...
Five companies have been awarded contracts to help NASA identify strategies to reduce the risk and cost of a potential future demonstration of subsonic transport aircraft technologies. The agency chose Boeing (NYSE: BA), Raytheon Technologies (NYSE: RTN), General Electric (NYSE: GE), Blended Wing Aircraft and ROHR to support the Future Subsonic Demo...
The State Department has approved a potential $270 million foreign military sales deal covering sustainment equipment and services for Greece’s F-16 fighter aircraft fleet. L3Harris Technologies (NYSE: LHX), Lockheed Martin (NYSE: LMT), Raytheon Technologies (NYSE: RTX), Collins Aerospace, Northrop Grumman (NYSE: NOC) and Atec are the principa...
Momentus has appointed former executives at the Export-Import Bank of the U.S., Raytheon Technologies (NYSE: RTX) and Lockheed Martin (NYSE: LMT) to serve on the board of directors for the publicly traded space infrastructure services company that will result from Momentus’ planned merger with Stable Road Acquisition Corp. (Nasdaq: SRAC). Kimb...
The U.S. Air Force has awarded 20 companies positions on a potential six-year, $950 million contract to provide infrastructure, supporting tools and services for the military branch’s threat radar systems and combat training ranges. The Air Force Life Cycle Management Center received 20 offers for the multiple-award, indefinite-delivery/indefinite...
A Raytheon Technologies (NYSE: RTX) business has marked the move of the U.S. Navy’s air combat training system into the production phase with the Milestone C completion. Raytheon said Wednesday Collins Aerospace also secured the first production order for the Navy’s Tactical Combat Training System Increment II, which is expected to reach initial...
