October 24, 2019Executive Moves, NewsComments Off on Roy Azevedo, Wesley Kremer to Serve as Presidents of Consolidated Raytheon Businesses Post-UTC Merger
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.
October 14, 2019M&A Activity, NewsComments Off on Raytheon, UTC Shareholders OK All-Stock Merger Deal; Thomas Kennedy, Greg Hayes Quoted
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.
September 23, 2019Contract Awards, NewsComments Off on Raytheon Wins Potential $495M Air Force Radar Module Replacement IDIQ
Raytheon (NYSE: RTN) has won a potential seven-year, $494.9M contract from the U.S. Air Force to replace solid-state radar modules designed to support missile defense, space surveillance and satellite warning operations at a military station located in England.
September 20, 2019Executive Moves, NewsComments Off on Nicolas Pujet Named Interim Tech, Engineering Lead at UTC
Nicolas Pujet, a corporate vice president and part of the strategy team at United Technologies Corp. (NYSE: UTX), will lead technology and engineering operations at UTC on an interim basis, Hartford Courant reported Wednesday.
September 3, 2019Contract Awards, NewsComments Off on Dynetics Team to Develop Common-Hypersonic Glide Body Prototypes Under $352M Army OTA
A team led by Dynetics’ technical solutions business will develop prototypes of the Common-Hypersonic Glide Body system under a potential three-year, $351.6M other transaction agreement with the U.S. Army.