Tag Archives: raytheon technologies

Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report

FY 2019 defense spending by state report

A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. The list also includes General Dynamics (NYSE: GD), BAE Systems, Huntington Ingalls Industries (NYSE: HII), Humana (NYSE: HUM), L3 Technologies, which now operates as L3Harris Technologies (NYSE: LHX) after it merged with Harris, Raytheon and United Technologies Corp. Raytheon and UTC merged in April 2020 and the combined entity now runs as Raytheon Technologies (NYSE: RTX).

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Raytheon, Palantir Secure Tech Maturation OTAs Under Army’s Tactical Ground System Modernization Program

U.S. Army photo

The U.S. Army has awarded a Raytheon Technologies (NYSE: RTX) business unit and Palantir Technologies (NYSE: PLTR) separate other transaction agreements worth $17M combined to mature system design and software for the branch's expeditionary intelligence ground station modernization effort, Signal Magazine reported Monday.

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Francisco Partners Closes Forcepoint Buy; Manny Rivelo Named Forcepoint CEO

Manny Rivelo CEO Forcepoint

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: RTX).

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SDA Upholds Tracking Layer Tranche 0 Contract Awards to L3Harris, SpaceX

Tracking Layer Tranche 0

The Space Development Agency upheld its decision to award contracts to L3Harris Technologies (NYSE: LHX) and SpaceX to build missile tracking satellites for the proposed National Defense Space Architecture following the reevaluation of bids for the contracts, C4ISRNET reported Thursday.

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BAE Gets $87M IDIQ to Engineer Digital Communication Terminals for US, Foreign Military Clients

BAE Systems

A BAE Systems business unit has received a five-year, $86.9M contract to engineer Link 16 terminals designed to help U.S. and international defense customers transmit voice and data communications. BAE's information and electronic systems integration group will perform engineering and integration work on Multifunctional Information Distribution System-Low Volume Terminals under the sole-source, indefinite-delivery/indefinite-quantity contract, the Department of Defense said Monday.

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Raytheon Technologies to Build Air Force C2 Switching Platform Under $612M Contract

Raytheon Technologies

Raytheon Technologies (NYSE: RTX) has secured a potential 12-year, $611.5M contract from the U.S. Air Force to produce electronic digital telecommunication systems intended for military command-and-control use. The company will provide C2 switching systems to function as a Defense Red Switch Network component designed to help users manage voice and data communications, the Department of Defense said Thursday.

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