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...
Jeff Shockey, most recently vice president of global sales and marketing for Boeing‘s (NYSE: BA) defense, space and security business, has been appointed senior vice president of global government relations at Raytheon Technologies (NYSE: RTX). Shockey will succeed Timothy McBride, who will formally depart his role later this year, and will co...
Stephen Steg, co-founder and chief technical officer of Blue Canyon Technologies, has been named CEO of the small satellite and mission services provider, more than five months after its acquisition by Raytheon Technologies (NYSE: RTX). Steg succeeds former Blue Canyon CEO George Stafford, who will transition into an advisory role, the company said ...
Raytheon Technologies (NYSE: RTX) has received a $243.2 million contract modification from the Missile Defense Agency for the delivery of one AN/TPY-2 radar designed for detecting ballistic missiles and guiding the Terminal High Altitude Area Defense system to help it shoot down the threat. The award raised the contract’s total cumulative face...
Bernard Harris Jr., the first African-American astronaut to complete a spacewalk 26 years ago, has been appointed to the board of directors of Raytheon Technologies (NYSE: RTX). He concurrently serves as CEO and managing partner of Vesalius Ventures, an investment company focused on the health care technology market, and leads a nonprofit educationa...
Neil Mitchill, formerly corporate vice president of financial planning and analysis and investor relations at Raytheon Technologies (NYSE: RTX), has elevated to the role of chief financial officer of the aerospace and defense company. He succeeds Anthony “Toby” O’Brien, who held financial leadership roles for more than three decades at Raytheo...
A new McAleese & Associates report noted the fourth quarter 2020 financial performance of large prime defense contractors Boeing (NYSE: BA), General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), Lockheed Martin (NYSE: LMT). Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX). Jim McAleese, founder of McAleese &am...
Global investment firm Francisco Partners has announced the appointment of Manny Rivelo, a more than 30-year executive in security and information technology sectors, as the new CEO of Forcepoint in a string of executive appointments after it completed the acquisition of the cybersecurity platforms developer from Raytheon Technologies (NYSE: RT...
Raytheon Technologies (NYSE: RTX) has closed its acquisition of small satellites provider Blue Canyon Technologies and will now integrate BCT into its intelligence and space business....
