Hayes has served as executive chairman of the board of directors since May 2024, when he handed over the CEO role to his chosen successor, Chris Calio.
Major U.S. defense contractors are reportedly in talks with the owner of a large mine in Greenland to source critical minerals, Reuters said in a Jan. 9 report.
The U.S. State Department has approved a $3.6 billion AIM-120 Amraam package to Japan, in what will be one of the largest foreign exports of the missile.
Safran has sold its North American electromechanical actuation businesses to Woodward as it seeks to address antitrust concerns related to a deal with RTX.
A decade’s worth of investment to counter the latest Russian and Chinese threats is finally close to entering operational service across the U.S. fighter fleet.
A lawsuit from Raytheon seeks to overturn a decision by the MDA to select Northrop Grumman as the sole bidder for the Glide Phase Interceptor (GPI) program.
The Swedish government plans to spend more than $460 million to join a NATO-led joint procurement of up to 1,000 Patriot missiles, the government said Nov. 15.
America’s defense industrial base is straining to meet rising demand for weapons systems driven by a worsening threat environment from Europe to the Indo-Pacific.
The U.S. State Department approved Denmark to buy some 200 of the RTX AIM-120D-3 for $744 million, the Defense Security Cooperation Agency announced Oct. 29.
