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On Wednesday, RTX Corporation (NYSE:RTX) said Raytheon has secured a three-year, two-phase contract from DARPA to develop foundational ultra-wide bandgap semiconductors. These will be based on ...
Raytheon Co., part of parent defense contractor RTX, will pay more than $950 million to resolve Justice Department allegations that it defrauded the Defense Department (DOD) and paid bribes to a ...
This latest agreement is part of a larger contract awarded last year, which could reach up to $7.2 billion for an "indefinite quantity" of missiles between 2023 and 2026.
RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia.It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
Many Raytheon Technologies Corporation ( NYSE:RTX ) insiders ditched their stock over the past year, which may be of...
Raytheon was sanctioned by the Chinese government in October 2020, [38] and February 2023 due to arm sales to Taiwan. [39] In July 2023, Raytheon Technologies renamed themselves to RTX Corporation and merged the Raytheon Intelligence & Space and Raytheon Missiles & Defense business segments to form a new Raytheon business segment. [40]
AN/SPY-6 system overview. In October 2013, "Raytheon Company (RTN) [was] awarded an almost $386m cost-plus-incentive-fee contract for the Engineering and Manufacturing Development (EMD) phase design, development, integration, test, and delivery of Air and Missile Defense S-band Radar (AMDR-S) and Radar Suite Controller (RSC)."
United Technologies provides primarily commercial plane makers with electronics, communications and other equipment, whereas Raytheon mainly supplies the U.S. government with military aircraft and ...