Tag Archives: rtn

Raytheon (NYSE: RTN) has received a potential three-year, $403.3M contract modification from the U.S. Navy to deliver System Demonstration Test Articles and related equipment for use in the initial operational test and evaluation phase of the service’s Next Generation Jammer Mid-Band Program.

Three industry teams led by prime contractors BAE Systems, Scientific Systems and SEAKR Engineering have been selected to design an autonomous mission management platform for the Defense Advanced Research Projects Agency’s Project Blackjack, C4ISRNET reported Thursday.

Sanjay Parthasarathy, a more than 25-year business development professional, has joined Leidos’ (NYSE: LDOS) defense group as vice president of business development and strategy for logistics and mission support operation.

Raytheon (NYSE: RTN) has received a potential three-year, $267.2M contract modification to produce, test and deliver 20 Standard Missile-3 Block IIA weapons to the Missile Defense Agency.

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018.

Four companies have won separate contracts from the Missile Defense Agency to come up with payload design prototypes for the Hypersonic and Ballistic Tracking Space Sensor Program. The Department of Defense said Tuesday Northrop Grumman (NYSE: NOC), Leidos (NYSE: LDOS), L3Harris Technologies (NYSE: LHX) and Raytheon (NYSE: RTN) each received a $20M firm-fixed-price contract, which includes risk-reduction demonstration for signal-chain processing.

Bill Washburn, a more than 30-year information technology executive, has joined software company MarkLogic as federal chief technology officer, G2Xchange ETC reported Monday.

Raytheon (NYSE: RTN) and Vista Equity Partners are in discussions over the value of Forcepoint, a joint cybersecurity venture the companies formed in 2015, Inside Defense reported Thursday.

Two presidents have been appointed to lead the Raytheon (NYSE: RTN) businesses that will be consolidated once the Waltham, Mass.-based defense contractor and United Technologies Corp. (NYSE: UTX) complete their merger.

Stockholders at Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) approved at their respective meetings the companies’ agreement to merge in an all-stock transaction and create a technology provider that will be known as Raytheon Technologies.