Tag: rtn

Report: BAE to Build $139M Defense Aerospace Facility in IowaM&A Activity

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

BAE Systems plans to develop a $139M classified facility in Cedar Rapids, Iowa, and create 650 jobs in the city,…
State Dept OKs $155M in Harpoon Block II, MK 54 Lightweight Torpedo Requests From IndiaContract Awards

State Dept OKs $155M in Harpoon Block II, MK 54 Lightweight Torpedo Requests From India

The State Department has approved India’s request to buy AGM-84L Harpoon Block II air-launched missiles, MK 54 lightweight torpedoes and…
UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes QuotedM&A Activity

UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the…
Raytheon to Replace GPS OCX Hardware Under Gov’t-Directed $378M Contract AmendmentContract Awards

Raytheon to Replace GPS OCX Hardware Under Gov’t-Directed $378M Contract Amendment

Raytheon (NYSE: RTN) has secured a potential $378M contract modification from the U.S. Space Force to replace computer hardware in…
Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture RequirementM&A Activity

Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture Requirement

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through…
Report: Lockheed Advances in Army’s Precision Strike Missile CompetitionContract Awards

Report: Lockheed Advances in Army’s Precision Strike Missile Competition

Lockheed Martin (NYSE: LMT) emerged as the final contender for the U.S. Army’s Precision Strike Missile prototyping competition, Jane’s 360…
European Commission OKs UTC-Raytheon MergerM&A Activity

European Commission OKs UTC-Raytheon Merger

The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday.
Michael Griffin Expects Four Firms to Compete for Next-Generation Interceptor ProgramNews

Michael Griffin Expects Four Firms to Compete for Next-Generation Interceptor Program

Michael Griffin, undersecretary of defense for research and engineering and a two-time Wash100 award winner, said he expects four vendors to…
UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes QuotedM&A Activity

UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes Quoted

The board of directors of United Technologies Corp. (NYSE: UTX) approved the spinoffs of its Carrier and Otis subsidiaries into two…
Bruce Jette: Original Competitors Plan to Submit Bid for Restructured OMFV Combat Vehicle ProgramContract Awards

Bruce Jette: Original Competitors Plan to Submit Bid for Restructured OMFV Combat Vehicle Program

Bruce Jette, acquisition executive at the U.S. Army and a 2020 Wash100 award winner, said companies that previously submitted bids…