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PwC: Aerospace & Defense Industry Reported $728B in 2017 RevenueFinancial Report

PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the
LMI Names Sanjay Parthasarathy SVP, CTO in ReorganizationExecutive Moves

LMI Names Sanjay Parthasarathy SVP, CTO in Reorganization

Sanjay Parthasarathy, a defense contracting industry veteran, has joined LMI as a senior vice president and chief technology officer. Parthasarathy will
Raytheon Gets $415M MDA Contract Modification for SM-3 Block IIA MaterialsContract Awards

Raytheon Gets $415M MDA Contract Modification for SM-3 Block IIA Materials

Raytheon (NYSE: RTN) has secured a $415.4 million contract modification from the Missile Defense Agency to obtain a limited subset of items needed
Govini Report: Federal Investment in Space, Hypersonic Tech Hit $83B in FY 2011-2017Contract Awards

Govini Report: Federal Investment in Space, Hypersonic Tech Hit $83B in FY 2011-2017

A Govini report says U.S. government investments in space and hypersonic technologies from fiscal years 2011 through 2017 reached approximately
Reginald Brothers, Heidi Shyu, Camille Nichols join CTC board; Ed Sheehan commentsExecutive Moves

Reginald Brothers, Heidi Shyu, Camille Nichols join CTC board; Ed Sheehan comments

Former government and military leaders Reginald Brothers, Heidi Shyu and Camille Nichols have been elected to the board of directors of Concurrent
Poland Inks Deal to Buy Raytheon Patriot Missile System From US GovtContract Awards

Poland Inks Deal to Buy Raytheon Patriot Missile System From US Govt

Poland has signed an agreement to purchase the Raytheon-built Patriot integrated air-and-missile defense platform from the U.S. government. Pete Bata,
Raytheon to Kick Off Work on $600M Army Software Sustainment Contract; Todd Probert CommentsContract Awards

Raytheon to Kick Off Work on $600M Army Software Sustainment Contract; Todd Probert Comments

Raytheon (NYSE: RTN) will now commence work on a potential three-year, $600 million contract to provide software sustainment and upgrade support
Report: Poland Inks Offset Deals With Lockheed, Raytheon for Patriot Missile SystemContract Awards

Report: Poland Inks Offset Deals With Lockheed, Raytheon for Patriot Missile System

Poland has signed potential 10-year offset agreements with Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) related to the European
State Dept OKs $1.08B in TOW 2B Missile, Maintenance Requests From Saudi ArabiaContract Awards

State Dept OKs $1.08B in TOW 2B Missile, Maintenance Requests From Saudi Arabia

The State Department has approved Saudi Arabia’s request to buy TOW 2B missiles, repair parts and spares for combat vehicles and
Raytheon Wins $511M IDIQ to Help Air Force Manage ‘Cobra Dane’ Radar SystemContract Awards

Raytheon Wins $511M IDIQ to Help Air Force Manage ‘Cobra Dane’ Radar System

Raytheon (NYSE: RTN) has won a potential $511 million contract to help the U.S. Air Force maintain, operate and sustain the