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Tag Archives: space system

Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A Trend

The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department of Defense’s spending and as DoD sets its sights on hypersonic missiles, space systems and other new priorities, The Wall Street Journal reported Wednesday.

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Boeing Secures $275M Air Force Space Systems Research IDIQ

Boeing (NYSE: BA) has been awarded a $275 million contract with the U.S. Air Force to study and engineer ground-based space systems. The Defense Department said Tuesday the company will also transition the resulting technology to support the Air Force’s operations. Boeing will perform research, engineering, program management and technical support …

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