On a cloudless December morning last year, a United Airlines Boeing 737 jet took off from Chicago’s O’Hare International Airport with 115 passengers, landing as planned about 2 hours later at Reagan National Airport in Washington, D.C.
The company now known as Raytheon Technologies Corp. (NYSE: RTX) has been around for 100 years, all of them headquartered in Massachusetts, where it has long been one of the state’s largest employers. Today the company touts 12,000 Massachusetts workers, out of 174,000 worldwide. It’s the state’s second-largest most valuable public company by market cap (only Thermo Fisher Scientific Inc. is worth more).
TUCSON, Ariz., (May 23, 2022) — Raytheon Missiles & Defense, a Raytheon Technologies business, is awarded a $423 million contract to continue to produce SPY-6 radars for the U.S. Navy. This is the first option exercised from the March 2022 hardware, production and sustainment contract that is valued up to $3.16 billion over five years.
AFA AIR WARFARE SYMPOSIUM: General Atomics has surreptitiously revealed its entrant for the Air Force’s Off-Board Sensing Station program, Breaking Defense has learned. A source with knowledge of the program told Breaking Defense that the company plans to officially debut the new drone, named Gambit, on Thursday morning, as the Air Force Association’s Air Warfare Symposium starts in Orlando, Fla.
PATUXENT RIVER NAS, Md. – Airborne electronic warfare (EW) experts at Raytheon Technologies Corp. will build five advanced electronic jammers for U.S. Navy EA-18G Growler EW jets under terms of a $226.7 million order announced last month.
WRIGHT-PATTERSON AFB, Ohio – U.S. Air Force researchers are asking industry to develop wearable computers and sensors to detect and counter fatigue and stress among warfighters, doctors, nurses, and first-responders. Officials of the U.S. Air Force Research Laboratory at Wright-Patterson Air Force Base, Ohio, issued a solicitation (FA8650-22-S-5006) Friday for the Real-Time Assessment and Augmentation of Cognitive Performance in Extreme Environments project.
Teledyne Flir, a provider of imaging technologies, has been awarded a $15.7 million contract with the U.S. Defense Threat Reduction Agency’s Joint Science and Technology Office (DTRA JSTO) to develop augmented reality (AR) battlefield threat mapping and visualization tech.
L3Harris Technologies (NYSE:LHX) has been received a $100M order from the U.S. Army to deliver the Enhanced Night Vision Goggle – Binocular (ENVG-B) system.
In June, Raytheon Technologies (NYSE:RTX) won contracts valued $4.9 billion. The contract value dropped in July, but in this report I will discuss why July in my view was a better month for Raytheon Technologies despite the lower contract value.
After the Marion Lockheed Martin complex announced it would close by 2022 — former and current employees, alongside town officials, mourned the imminent loss. “I was completely shocked, I gotta say,” said long-time employee Bill Beardsley. Beardsley began his time at Sippican in 1981, and said he remembers the summer before he began working at the company.
In a report published on the 1st of July, I provided a visualization and analysis of the Defense contract awards in May. Due to time constraints, I was not able to publish this report in June as intended, and as a result, I received some comments that I did not include some contracts that Raytheon Technologies (RTX) received recently. In this piece, which includes the June contracts, some contracts are obviously included as the pieces are provided on a monthly basis, and big contracts that are secured in July will be covered in the July piece published in August.
WASHINGTON: The Pentagon is seeking $2.3 billion to improve its ability to make specialized semiconductors for military use, as well as to fund next-generation chip innovation. Semiconductors, used in almost every advanced weapon, are especially critical to enabling a range of defense “disruptive technologies,” such as hypersonics, AI, and 5G — all of which receive significant funding in the proposed 2022 budget.
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