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FILE - This file photo taken Feb. 5, 2010, shows a "Pratt & Whitney Dependable Engines" emblem at the plant in East Hartford, Conn. (AP Photo/Jessica Hill)
May 5, 2025

Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney

About 3,000 labor union members went on strike early Monday at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down. The manufacturer is a subsidiary of Arlington County-based RTX.

Boeing 737 MAX airliners are pictured at the company's factory on Thursday, Sept. 12, 2024, in Renton, Wash. (AP Photo/Stephen Brashear, File)
Apr 23, 2025

Boeing doesn’t expect its recovery to be impacted by trade war with China

Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to forestall the Arlington County-based company's financial recovery. Meanwhile, RTX and General Dynamics surpass Wall St. expectations and Northrop Grumman is below forecast.

cybersecurity art
Mar 27, 2025

Dulles-based Nightwing acquires Herndon’s Roka Security

Dulles-based intelligence solutions company Nightwing announced Thursday that it has acquired cybersecurity services company Roka Security, which is based in Herndon. The companies did not disclose financial details in the announcement. Nightwing was previously the cybersecurity and intelligence division for Fortune Global 500 aerospace and defense contractor RTX, previously known as Raytheon Tech[...]

Feb 28, 2025

Smooth sailing for Virginia’s publicly traded companies, except Boeing

Overall, Virginia’s largest publicly traded companies saw 2024 as a successful year, reflecting the nation’s economic upswing of about 3% each quarter. Except for Boeing and “its ghastly record,” as George Mason University’s Terry Clower memorably said late last year about the Arlington-based Fortune Global 500 aerospace and defense giant. In January 2024, a Boeing […]

Feb 21, 2025

RTX subsidiary secures $1.5B Air Force contract

Pratt & Whitney, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, secured a three-year award valued at up to $1.5 billion to sustain F119 engines powering the U.S. Air Force‘s F-22 fighter jets. RTX announced the contract award to its aerospace manufacturing subsidiary, headquartered in Connecticut, Thursday. The maintenance and support services [&helli[...]

A man wearing a gray blazer and a man wearing glasses and a navy blazer.
Feb 4, 2025

RTX board chair to step down in April

Gregory J. Hayes will step down as executive chairman of Arlington County-based RTX in April, when he will be replaced by Christopher T. Calio, president and CEO of the Fortune Global 500 aerospace and defense contractor. Hayes notified RTX of his plans to step down as executive chairman and from the board “prior to the […]

Dec 27, 2024

U.S. Army awards RTX’s Raytheon $946M contract modification

The U.S. Army has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract modification worth about $946.47 million for production hardware, software and services related to the Patriot air defense system, the U.S. Department of Defense announced Monday. The U.S. Army Contracting Command, located at Redstone Arsenal in […]

Dec 4, 2024

Navy awards Raytheon potential $903.9M contract

The Navy has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract worth up to $903.9 million, if all options are exercised, to provide support for a sensor system, the U.S. Department of Defense announced Monday.  The initial $34 million firm-fixed-price, cost-plus-fixed-fee, cost-plus-incentive-fee and cost only contract covers […[...]

electronic warfare aircraft flys in sky
Dec 2, 2024

Navy awards RTX subsidiary $590.8M contract for electronic attack system

The Navy has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a $590.8 million contract to produce nine Next Generation Jammer Mid-Band (NGJ-MB) ship sets for the military branch’s EA-18 Growler electronic warfare aircraft and four more sets for the Royal Australian Air Force, the U.S. Department of Defense […]

Soldiers stand next to a tank.
Nov 1, 2024

Army awards $676M contracts for weapon system

The U.S. Army has awarded Raytheon a $676 million contract to continue manufacturing the TOW weapon system, which provides heavy anti-tank guided missile capability, RTX, the Arlington County parent company of Raytheon, a defense contractor, announced Wednesday.  Two separate awards consist of a $430 million contract for FY 2023 and an additional $246 million contract […]

Oct 28, 2024

Raytheon wins $900M contract modification

The Department of Defense‘s Missile Defense Agency has awarded a $900 million contract modification to Raytheon, a subsidiary of Arlington County’s RTX, according to a DOD notice posted Friday.  Under the extension, Raytheon, a defense contractor that is also based in Arlington County, will continue operations and support for the Sea-based, X-band Radar (SBX 1), […]

Oct 17, 2024

Raytheon to pay $950M+ to resolve fraud, bribery charges

The U.S. Department of Justice announced Wednesday that Arlington County‘s Raytheon, a subsidiary of aerospace and defense contractor RTX, has agreed to pay more than $950 million to resolve multiple allegations that include fraud and bribing a Qatari official. Under Wednesday’s settlement, Raytheon must pay the following penalties: For two counts of major fraud in […]

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