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Raytheon Technologies ramping up Performance+ supply chain squeeze as A&D giant looks to fulfill cost-cutting promise to investors.

Contractors vying to develop the future system that would defend the U.S. against intercontinental ballistic missiles say they can meet the aggressive schedule being pushed by military leaders.

The Japanese Defense Ministry has reported to the ruling Liberal Democratic Party that the F-15J upgrade program will proceed without the Lockheed Martin AGM-158C Long-Range Anti-Ship Missile (LRASM), according to state broadcaster NHK.

The five-year contract maintains Raytheon’s position as the systems integrator for STARS, which receives surveillance and flight-plan data and presents the information to controllers on high-resolution, color displays.

During Phase 1, L3 and Raytheon teams will demonstrate electronic intelligence (ELINT) and communications intelligence (COMINT) sensors under controlled conditions.

Kelly Ortberg, the former head of Collins Aerospace who was a key leader in the supplier’s melt-up into Raytheon Technologies, has left its executive ranks, company representatives confirmed.

Wei Sun, 49, was sentenced in U.S. District Court in Arizona under a plea agreement to one felony count of violating the Arms Export Control Act (AECA).

Top-tier manufacturers and suppliers are not banking on a quick commercial aftermarket rebound, financial figures and commentary from 2020 third-quarter (Q3) earnings calls underscore.

Raytheon will start building the first pieces of a Microwave Technology Testbed as a new defense against hypersonic missiles under a $9.79 million

Raytheon Technologies is on its way to cutting at least 15,000 employees in response to the company’s recent merger and the fallout from COVID-19, the aerospace and defense giant’s CEO told an investor conference, and likely more will occur.

Raytheon will focus on developing the seeker for a naval gun-fired, guided missile interceptor.

The Raytheon-built radar jammer confirmed safety-of-flight characteristics during the sortie by the VX-23 flight test squadron at Naval Air Station Patuxent River, Maryland.

In what might be a rare reference to the Lockheed Martin AIM-260 program, the Senate Armed Services Committee (SASC) slipped an authorization into the

A planned, sole-source $9.9 million contract will support a new Missile Defense Agency High-Power Microwave Testbed with Raytheon’s technology.

U.S. defense prime contractors and aerospace OEMs will sell their 20-year-old industry consultancy Exostar to private equity buyer Thoma Bravo

Total deal value in 2019 grew 62% to almost $94 billion compared with 2018, PwC says.

BAE Systems’ move to bulk up its U.S. defense subsidiary with the acquisitions of a core piece of the erstwhile Rockwell Collins and a competitor unit to rival prime L3Harris Technologies will come at a premium, analysts said.

BAE is expected to pay $1.925 billion for Collins’ GPS business and another $275 million for Raytheon’s radio business

Lockheed Martin has won a sixth prime contractor role in a U.S. hypersonic missile program.

The U.S. Army is grappling with a $34 million reduction to its Future Attack Reconnaissance Aircraft Competitive Prototype effort.

The U.S. Air Force intends to cancel Raytheon’s contract for a next-generation, three-dimensional, long-range radar.

Publicly traded shares of aerospace and defense companies around most of the Western world ended 2019 about 34% above where they began a year ago, and 6% better off than major stock market indices, Wall Street analysts said in year-end reports.

Private equity-backed Shimtech Industries has purchased Fastener Technology Corp.