In a statement the Pentagon said, it has chosen Lockheed Martin, Northrop Grumman and Raytheon to develop a missile defense system that can protect the United States against hypersonic weapons. The three defense giants have been awarded separate contract agreements totaling to… Read More ›
On Thursday, in a statement the Hungarian government stated, it plans on purchasing NASAMS air defense systems from Norway’s Kongsberg and from Raytheon, a U.S. company. The delivery for the same is scheduled for 2023.
In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
In a filing, Raytheon has disclosed, it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to an investigation into the possibility of improper payments made for contracts in certain Middle East countries since 2014. The… Read More ›
The deal is likely to face strong headwinds in the U.S. Congress stemming from civilian deaths in Saudi Arabia’s campaigns in Yemen. According to sources familiar with the matter at hand, Saudi Arabia has agreed to purchase precision guided munition… Read More ›
With Japan planning to develop the F-3, a dual use $40 billion fighter jet, UK’s BAE Systems, and U.S. Lockheed Martin, Boeing, and Raytheon are likely to reap in huge contracts for not only developing the F-3 but also for… Read More ›
His past experience includes working as an analyst in the CIA for 11 years tracking missiles programs in foreign countries. The White House has disclosed President Donald Trump plans on naming a senior executive from Lockheed Martin Corp as the… Read More ›
The whistle blower had amended his allegations 5 times. He wanted to amend it once more. The judge dismissed the allegations saying they were did not lack substance and were too generalistic. In a major development, defence giant Raytheon Co… Read More ›
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