RTX

By Michael Bruno
Stratospheric balloon operator World View will aim to become a publicly listed company via a reverse-merger deal with Leo Holdings Corp. II.
Commercial Space

By Jen DiMascio
Raytheon has won a prime contract from the U.S. Space Force to develop a prototype for a Medium Earth Orbit Missile Track Custody system.
Space

By Brian Everstine
U.S. Air Force Secretary Frank Kendall says he is encouraged by recent test successes for Lockheed Martin’s Air-Launched Rapid Response Weapon, despite having previously expressed concern about the program.
Missile Defense & Weapons

By Michael Bruno
After a long period of tame increases, price spikes are returning as a fact of life in aerospace and defense.
Manufacturing & Supply Chain

By Steve Trimble
The air-launched Amraam-AXE concept is being developed as a stop-gap solution for fighters that need an beyond visual range air-to-air missile with greater range than the baseline AIM-120 Amraam.
Missile Defense & Weapons

By Michael Bruno
The move puts Chris Calio onto the shortlist to succeed Raytheon Chairman, CEO and President Greg Hayes.
Supply Chain

By Michael Bruno
Share prices of publicly traded A&D companies in 2021 were up from catastrophic 2020, but still down from pre-pandemic heights.
Manufacturing & Supply Chain

By Steve Trimble
A demonstration of Raytheon’s thruster valve and nozzle will inform final design of Aerojet Rocketdyne DACS for the MDA’s future NGI.
Missile Defense & Weapons

By Tony Osborne
A consortium of Bombardier, Raytheon and Springfield Air has purchased the five-strong fleet of modified Bombardier Global business jets.
Aircraft & Propulsion

By Michael Bruno
Raytheon Technologies ramping up Performance+ supply chain squeeze as A&D giant looks to fulfill cost-cutting promise to investors.
Supply Chain

By Jen DiMascio
Contractors vying to develop the future system that would defend the U.S. against intercontinental ballistic missiles say they can meet the aggressive schedule being pushed by military leaders.
Missile Defense & Weapons

The Japanese Defense Ministry has reported to the ruling Liberal Democratic Party that the F-15J upgrade program will proceed without the Lockheed Martin AGM-158C Long-Range Anti-Ship Missile (LRASM), according to state broadcaster NHK.
Missile Defense & Weapons

By Bill Carey
The five-year contract maintains Raytheon’s position as the systems integrator for STARS, which receives surveillance and flight-plan data and presents the information to controllers on high-resolution, color displays.
Safety, Ops & Regulation

By Steve Trimble
During Phase 1, L3 and Raytheon teams will demonstrate electronic intelligence (ELINT) and communications intelligence (COMINT) sensors under controlled conditions.
Multi-Mission Aircraft

By Michael Bruno
Kelly Ortberg, the former head of Collins Aerospace who was a key leader in the supplier’s melt-up into Raytheon Technologies, has left its executive ranks, company representatives confirmed.
Aircraft & Propulsion

By Steve Trimble
Wei Sun, 49, was sentenced in U.S. District Court in Arizona under a plea agreement to one felony count of violating the Arms Export Control Act (AECA).
Budget, Policy & Operations

By Sean Broderick, Michael Bruno
Top-tier manufacturers and suppliers are not banking on a quick commercial aftermarket rebound, financial figures and commentary from 2020 third-quarter (Q3) earnings calls underscore.
Supply Chain

By Steve Trimble
Raytheon will start building the first pieces of a Microwave Technology Testbed as a new defense against hypersonic missiles under a $9.79 million
Missile Defense & Weapons

By Michael Bruno
Raytheon Technologies is on its way to cutting at least 15,000 employees in response to the company’s recent merger and the fallout from COVID-19, the aerospace and defense giant’s CEO told an investor conference, and likely more will occur.
Aircraft & Propulsion

By Steve Trimble
Raytheon will focus on developing the seeker for a naval gun-fired, guided missile interceptor.
Missile Defense & Weapons

By Steve Trimble
The Raytheon-built radar jammer confirmed safety-of-flight characteristics during the sortie by the VX-23 flight test squadron at Naval Air Station Patuxent River, Maryland.
Sensors & Electronic Warfare

By Steve Trimble
In what might be a rare reference to the Lockheed Martin AIM-260 program, the Senate Armed Services Committee (SASC) slipped an authorization into the
Missile Defense & Weapons

By Steve Trimble
A planned, sole-source $9.9 million contract will support a new Missile Defense Agency High-Power Microwave Testbed with Raytheon’s technology.
Missile Defense & Weapons

By Michael Bruno
U.S. defense prime contractors and aerospace OEMs will sell their 20-year-old industry consultancy Exostar to private equity buyer Thoma Bravo
Supply Chain

By Michael Bruno
Total deal value in 2019 grew 62% to almost $94 billion compared with 2018, PwC says.
Defense