Dave Wajsgras, a two-decade aerospace and defense industry leader and a six-time Wash100 awardee, will assume the role of CEO of Intelsat on April 4. He will succeed the retiring Stephen Spengler, who has served in various senior leadership roles for more than 18 years and as CEO of the satellite communications company for seven...
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...
Finland’s defense ministry has formalized an agreement to procure 64 F-35A conventional takeoff and landing jets along with associated equipment and sustainment services from the U.S. government for approximately $9.4 billion, Reuters reported Friday. The signing of the procurement documents came one month after Lockheed Martin‘s (NYSE: ...
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...
Raja Maharajh, most recently chief of staff to Raytheon Technologies (NYSE: RTX) Chairman and CEO Greg Hayes, has been appointed general counsel of the Waltham, Massachusetts-based defense and aerospace company. He succeeds Frank Jimenez and will oversee legal and regulatory functions that include corporate governance and transactions, litigation, c...
Vertex Aerospace has closed its acquisition of Raytheon Technologies’ (NYSE: RTX) defense training and mission critical solutions business. The transaction was first announced in September and Ed Boyington, president and CEO of Vertex, said in a statement published Tuesday the acquisition supports the company’s strategy to deliver a comprehe...
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) posted $15.9 billion in fiscal year 2021 second quarter sales, which the company said was up 10 percent organically from the same period a year ago. The Waltham, Massachusetts-based defense and aerospace contractor also raised the low end of its full-year sales guidance to $64.4 billion from the previous $63.9 billi...
Karen McConnell, an aerospace engineering veteran, has joined Raytheon Technologies‘ (NYSE: RTX) Blue Canyon Technologies subsidiary as executive director of engineering. Blue Canyon said Monday that McConnell will be responsible for managing the performance, reliability and delivery schedules of its small satellite production line. Her additi...
