Tag Archives: rtx

TransDigm Group (NYSE: TDG) has agreed to acquire a Cobham subsidiary focused on providing antennas and radio systems for the aerospace end market. TransDigm will use existing cash on hand to finance the $965M acquisition of Cobham Aero Connectivity and expects the transaction to close during the third quarter of calendar year 2021, subject to regulatory clearances and other customary closing conditions.

Raytheon Technologies (NYSE: RTX) has agreed to acquire small satellites provider Blue Canyon Technologies for an undisclosed sum as part of efforts to expand its platforms in support of clients’ space missions. “What makes Blue Canyon Technologies the right fit for our business is its agile, innovative culture and expertise in small satellite systems and technologies,” said Roy Azevedo, president of Raytheon Intelligence and Space and a 2020 Wash100 Award winner.

Global investment firm Francisco Partners  has agreed to acquire cybersecurity platforms provider Forcepoint from Raytheon Technologies (NYSE: RTX) for an undisclosed sum.

Thermal imaging camera provider FLIR Systems (Nasdaq: FLIR) is interested in joining a team to pursue the U.S. Army's Optionally Manned Fighting Vehicle program, Inside Defense reported Thursday.

The State Department has approved Taiwan’s request to buy high mobility artillery rocket system launchers, AGM-84H standoff land attack missile-expanded response systems, MS-110 recce pods and related equipment and services under three foreign military sales agreements worth approximately $1.8B combined.

A U.S.-based subsidiary of Rheinmetall’s defense segment has partnered with Textron Systems, Raytheon Technologies (NYSE: RTX) and other U.S. defense companies to form an industry team to compete for the U.S. Army’s Optionally Manned Fighting Vehicle program.

Shaun Bierweiler, formerly president of government solutions business at Cloudera (NYSE: CLDR), has joined information technology firm Riverbed Technology as senior vice president of public sector, GovCon Wire has learned.

The State Department has cleared Switzerland’s request to buy F-35 fighter jets, F/A-18E/F Super Hornet aircraft and Patriot Configuration-3+ modernized fire units under three foreign military sales agreements worth approximately $16.23B combined.

Raytheon Technologies' (NYSE: RTX) Pratt & Whitney subsidiary has secured a $579.8M contract to provide F135 propulsion system spare parts, engines and modules to the U.S. Navy, Marine Corps, Air Force, foreign military sales customers and non-Department of Defense participants.

The State Department has cleared Spain’s request to buy 100 units of AIM-120C-7/8 Advanced Medium Range Air-to-Air Missiles, AMRAAM guidance section and related equipment and support services under a potential $248.5M foreign military sales agreement.