Tag Archives: raytheon technologies

Report: BAE to Build $139M Defense Aerospace Facility in Iowa

BAE Systems

BAE Systems plans to develop a $139M classified facility in Cedar Rapids, Iowa, and create 650 jobs in the city, The Gazette reported Friday. Construction work on the proposed 200K-square-foot defense aerospace facility is expected to kick off by October and conclude by September 2022. Ryan Companies US will serve as the project’s developer.

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Defense Contractors Ask Government to Backfill DoD Money Used to Cover COVID-19 Expenses

Pentagon

The CEOs of eight defense contractors wrote separate letters to the White House and the Department of Defense saying that the money sourced from DoD’s budget to help companies retain highly skilled employees during the COVID-19 pandemic should be replaced with new funds to prevent military modernization programs from being jeopardized, Reuters reported Thursday.

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Raytheon Technologies Books Potential $6B Modification on DLA Patriot Missile Repair, Maintenance Contract

Patriot missile

The Defense Logistics Agency has awarded Raytheon Technologies (NYSE: RTX) a potential $6B contract modification to provide spare parts as well as engineering and repair services for the Patriot surface-to-air missile system.

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