RTX subsidiary wins $345M Air Force contract
Raytheon, a subsidiary of Arlington County-based aerospace and defense contractor RTX, won a $344.6 million U.S. Air Force contract modification, the Department of Defense announced Friday. Raytheon will produce more than 1,500 StormBreaker smart weapons, which are air-to-surface, network-enabled weapons that can engage moving targets in all weather conditions, according to a RTX news release. [&h[...]
RTX’s Pratt & Whitney division receives $701M aircraft contract
Arlington-based defense giant RTX‘s Pratt & Whitney aerospace division in Connecticut will provide sustainment and other support services for propulsion systems on the F-35 fighter jet under a $701 million modification to a Navy contract. Pratt & Whitney will provide program management, propulsion integration, engineering, management services, software sustainment, security managemen[...]
Federal Contractors | Technology 2023: JEFF SHOCKEY
Shockey is lead executive at the Arlington corporate headquarters of the world’s second largest defense contractor, RTX. Formerly Raytheon Technologies, the company announced a reorganization in June. In February, he became the senior official in Arlington upon the retirement of Roy Azevedo, who was president of Raytheon Intelligence & Space, now consolidated with Raytheon Missiles [&hel[...]
RTX’s Raytheon lands $1.15B missiles contract
Arlington County-based Raytheon, a business unit of newly rebranded aerospace and defense contractor RTX, will produce Advanced Medium Range Air-to-Air Missiles for the U.S. Air Force and Navy as well as foreign militaries under a $1.15 billion contract announced by the Pentagon Tuesday. The contract includes missiles, the AMRAAM telemetry system, spares and other production […]
Raytheon rebrands to RTX as part of business reorg
A year after moving its headquarters to Arlington County, Fortune 500 aerospace and defense contractor Raytheon Technologies Corp. has rebranded as RTX. The new name, launched to coincide with the Paris Air Show and the company’s 2023 investor meeting, comes as RTX consolidates its business units from four to three: aerospace and defense technology supplier […]
36 Va. companies make 2023 Fortune 1000 list
Thirty-six Virginia-based companies made Fortune magazine’s 69th annual Fortune 1000 list, notably including newcomers to the commonwealth Raytheon Technologies Corp. and Boeing Co. as Virginia’s second and third highest-ranking companies. Freddie Mac remained Virginia’s top-ranked company, at No. 45, and 24 Virginia companies made this year’s elite Fortune 500 list. Releas[...]
Raytheon receives $237M Army contract
Arlington-based Raytheon Technologies Corp. has received a $237 million Army contract to help the service detect and defeat unmanned aircraft with sensors and drones, the company announced Wednesday. The contract includes a combination of fixed-site and mobile systems, including the company’s Ku-band Radio Frequency Sensor and Ku720 mobile sensing radar, as well as its Coyote […]
Raytheon receives $1.2B missile contract
Arlington County-based Raytheon Technologies Corp. will produce its Patriot missile systems for Switzerland under a $1.2 billion U.S. Army foreign military sales contract. The contract, announced by the Pentagon March 28, includes five Patriot units as well as the company’s Guidance Enhanced Missile, or GEM-T, a Patriot missile variant used to defeat tactical ballistic missiles, […]
Playing defense
What’s in a name? Perhaps a lot if you’re riding on the coattails of Boeing Co. and Raytheon Technologies Corp. The May and June 2022 announcements that Fortune 100 contractors Boeing and Raytheon would move their corporate headquarters to Arlington County generated plenty of buzz, but they didn’t dazzle like the 2018 announcement of Amazon.com […]
Defense and defensibility
When it comes to tech and government contractors, Northern Virginia’s national profile continued to rise in 2022. Arlington County, where Amazon.com Inc.’s multibillion-dollar HQ2 is continuing to take shape in National Landing, made headlines around the globe in spring 2022. Fortune 500 companies Boeing Co. and Raytheon Technologies Corp. announced within weeks of each other […[...]
Raytheon contracts include radar surveillance for Taiwan
Arlington County-based Raytheon Technologies Co. was awarded two large contracts this week to help sustain a foreign surveillance radar program and for the continued production and delivery of its AIM-9X Sidewinder missile, the Pentagon announced this week. Under a $412.6 million Air Force contract announced Wednesday, Raytheon will provide continued sustainment to the Taiwan Surveillance [&hellip[...]
Raytheon wins $985M Air Force hypersonic missile contract
Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile weapon under a nearly $1 billion contract announced by the Pentagon Thursday. The Hypersonic Attack Cruise Missile is an air-launched, maneuverable weapon propelled by a […]