QinetiQ inks $45 million prototyping deal with US Army

WASHINGTON — The American branch of British defense firm QinetiQ has won a contract worth up to $45 million to support the U.S. Army’s C5ISR Center, the company announced Monday in a news release.

The deal follows QinetiQ’s announcement that it plans to acquire software provider Avantus Federal by year’s end — “an important step in the execution of QinetiQ’s five-year ambitions to expand our presence in the US,” QinetiQ CEO Steve Wadey said Friday in a statement about the purchase.

Source: QinetiQ inks $45 million prototyping deal with US Army

United Airlines places deposit for 100 flying taxis from Archer Aviation 

Archer Aviation Inc. (NYSE:ACHR) announced a $10M pre-delivery payment from United Airlines (NASDAQ:UAL) for 100 electric vertical take-off and landing (eVTOL) aircraft.The deposit follows a purchase agreement inked in 2021 and adds to visible interest among airline operators in eVTOL aircraft. Indeed, in July air taxi company Vertical Aerospace (EVTL) reached an agreement with American Airlines Group (AAL) for 50 aircraft.

Source: United Airlines places deposit for 100 flying taxis from Archer Aviation | Seeking Alpha

Lockheed, Pentagon near $30B deal for F-35 fighter jets 

The U.S. Department of Defense is nearing a “handshake agreement” with Lockheed Martin (NYSE:LMT) for ~375 F-35 fighter jets over three years, Reuters reported on Monday. Talks had bogged down in recent weeks over data rights, but a Monday meeting in Washington could lead to a deal on both a price range and quantity, according to the report, which also said if an agreement is reached, finalized pricing would not be locked in for several weeks if not months, but an ultimate total value is ~$30B.

Source: Lockheed, Pentagon near $30B deal for F-35 fighter jets – Reuters (NYSE:LMT) | Seeking Alpha

L3Harris inks deal for $700M missile tracking space development program 

L3Harris Technologies (NYSE:LHX) has been awarded a contract to build the Space Development Agency’s (or SDA) Tranche 1 Tracking Layer satellite program to serve as “eyes in the sky” detecting, identifying and tracking advanced missile threats.

Source: L3Harris inks deal for $700M missile tracking space development program (NYSE:LHX) | Seeking Alpha

NASA’s Webb Delivers Deepest Infrared Image of Universe Yet

NASA’s James Webb Space Telescope has produced the deepest and sharpest infrared image of the distant universe to date. Known as Webb’s First Deep Field, this image of galaxy cluster SMACS 0723 is overflowing with detail. Thousands of galaxies – including the faintest objects ever observed in the infrared – have appeared in Webb’s view for the first time. This slice of the vast universe covers a patch of sky approximately the size of a grain of sand held at arm’s length by someone on the ground.

Source: NASA’s Webb Delivers Deepest Infrared Image of Universe Yet | NASA

Raytheon Technologies: 100 years of era-defining innovation 

 

In 1922, on the vacant third floor of a building in Cambridge, Massachusetts, the founders of what was essentially a tech startup used chalk and string to trace the footprint of their first lab.

Source: News | 100 years of era-defining innovation | Raytheon Technologies

Lockheed’s Sikorsky wins $2.3B Army Black Hawk multi-year contract

WASHINGTON — Lockheed Martin’s Sikorsky unit won its 10th five-year contract worth $2.3 billion for 120 H-60 Mike-model Black Hawk utility helicopters with options for an additional 135 aircraft for both the Army and other customers through Foreign Military Sales, the Pentagon said.

Source: Lockheed’s Sikorsky wins $2.3 billion Army Black Hawk multi-year contract

US Army awards $72M for new phase in next-gen ground system effort

WASHINGTON — The U.S. Army announced Tuesday its effort for a next-generation, software-centric ground system is transitioning to another phase.

The service awarded $36 million each to software company Palantir Technologies and defense firm Raytheon Technologies for work on the Tactical Intelligence Targeting Access Node, which is currently under development. TITAN is expected to help connect sensors with users in the field to support beyond-line-of-sight targeting.

Source: US Army awards $72 million for new phase in next-gen ground system effort

GE Aviation looks to revolutionize flight with new engine 

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.

Source: GE Aviation looks to revolutionize flight with new engine – Boston Business Journal

Raytheon history in Mass.: A timeline 

 

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).

Source: Raytheon history in Mass.: A timeline – Boston Business Journal

Raytheon awarded $423 million US Navy contract for SPY-6 family of radars 

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.

Source: News | Raytheon Missiles & Defense awarded $423 million US Navy contract for SPY-6 family of radars | Raytheon Missiles & Defense

General Atomics debuts ‘Gambit’ drone for Air Force’s unmanned sensor contest 

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.

Source: General Atomics debuts ‘Gambit’ drone for Air Force’s unmanned sensor contest – Breaking Defense Breaking Defense – Defense industry news, analysis and commentary