Anthony “Toby” O’Brien, chief financial officer of Raytheon (NYSE: RTN), will become CFO of the combined company once Raytheon and United Technologies Corp. (NYSE: UTX) complete their merger....
Northrop Grumman (NYSE: NOC) has received an initial order from the U.S. Navy to manufacture FMU-139D/B bomb fuze systems. Orbital ATK, which Northrop acquired last year, developed the fuze through a $426M contract awarded in 2015....
Lockheed Martin (NYSE: LMT) has won a potential nine-year, $637.6M contract to perform engineering and integration work on the U.S. Navy’s combat management system for missile defense....
Raytheon (NYSE: RTN) has landed a two-year, $191M contract modification to continue producing a command and control communications system for the U.S. Air Force's nuclear-armed bomber fleet....
Lockheed Martin (NYSE: LMT) has won a potential $124.9M contract to integrate and test a combat system on guided missile frigate vessels for the U.S. Navy. The service branch received three offers for the cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price contract via FedBizOpps, the Department of Defense said Monday....
A McAleese & Associates report says the merged company of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would invest 4 percent of $18B combined revenue in independent research-and-development efforts....
Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTC), has said that both UTC and Raytheon (NYSE: RTN) agreed on implementing a "platform agnostic" approach for technology offerings of the future merged company. The two contractors signed an all-stock deal that will create a systems provider across aerospace and defense se...
TYSONS CORNER, VA, May 24, 2019 ” General Dynamics (NYSE: GD) will utilize 3D printing in the production of metal parts for combat vehicles as part of a collaborative project with General Electric’s additive print services business, ExecutiveBiz reported Thursday. GE said Wednesday General Dynamics Land Systems awarded a contract to GE Ad...
In the last two weeks, DynCorp International (DI) has been awarded both Aviation Field Maintenance Contracts for the U.S. Army, one in the East Region and one in the West Region. The combined value of the contracts is approximately $3.5 billion. The two contracts replace a number of Army Aviation maintenance vehicles. “With these...
TYSONS CORNER, VA, May 1, 2019 ” Bill Weber, president and CEO of KeyW (Nasdaq: KEYW), indicated the company’s planned $815M merger with Jacobs Engineering Group (NYSE: JEC) is in line with its effort to deploy capital in support of growth initiatives, ExecutiveGov reported April 22. “In Jacob Engineering, we found an organization t...
