Latest Federal & Government Contracting Companies' News Coverage
Anduril Industries and industry partners will support American Rheinmetall Vehicles in the next phases of a competition to design and manufacture a next-generation combat vehicle for the U.S. Army. The team will advance its digitally engineered and open-architecture design concept for the XM30 Mechanized Infantry Combat Vehicle, formerly known as the Optionally Manned Fighting Vehicle, […] More
Asset management firm TPG has agreed to buy the global governments and critical infrastructure business of Austin, Texas-based cybersecurity software provider Forcepoint. Francisco Partners, the investment firm that acquired Forcepoint from Raytheon Technologies two years ago, will hold a minority stake in Forcepoint G2CI as part of the deal with TPG and will continue to […] More
RTX‘s Collins Aerospace business deployed a networking gateway for military participants at a U.S. Indo-Pacific Command-led multiservice training exercise to transmit and synchronize data. The company, formerly called Raytheon Technologies, said Monday the gateway is part of a technology suite designed to support Joint All Domain Command and Control efforts and was showcased in the first […] More
Pratt & Whitney, a subsidiary of Raytheon Technologies— now rebranded as RTX, has increased the number of team members working on the preliminary design review of the F135 jet engine core upgrade and is on schedule to finish the PDR and begin the detailed design phase early next year. The company said Monday that the […] More
Raytheon Technologies, now known as RTX following a rebranding effort, will move about 4,700 positions and work related to Joint All-Domain Command and Control to Collins Aerospace, effective July 1, as part of a business realignment initiative, C4ISRNET reported Monday. In January, the defense and aerospace contractor announced plans to restructure its four businesses into […] More
NASA has recognized a team at Raytheon Technologies with the Group Achievement Award for its help in the development of James Webb Space Telescope’s flight operations subsystem. The ground control software is built by Raytheon’s intelligence and space business to provide command and control of the observatory and support telemetry analysis, observation plan management, ground […] More
A Series E funding round has brought in $87 million for Tomorrow.io, a Boston startup that aims to establish a constellation of radar-equipped satellites to provide weather data for government and commercial organizations. Dan Slagen, chief marketing officer of Tomorrow.io, wrote in a blog post published Wednesday that Activate Capital led the financing activity with […] More
Raytheon Technologies has secured a four-year, $87.5 million contract to engineer a long-range surveillance radar system installed at the U.S. Navy’s Forces Surveillance Support Center in Chesapeake, Virginia. The indefinite-delivery/indefinite-quantity contract covers engineering and program support for the Relocatable Over-the-Horizon Radar starting in August, the Department of Defense said Monday. DOD noted the company will […] More
SpiderOak has expanded its advisory board with the addition of Celeste Ford, board chair of Stellar Solutions and managing director of the latter’s venture capital arm Stellar Ventures. As an adviser, Ford will work to guide SpiderOak’s strategic direction and contribute insights gained from being an aerospace engineering industry veteran, the software company said Wednesday. Dave Pearah, CEO of […] More
Several Virginia-based defense, aerospace and government services companies landed spots on the 2023 Fortune 1000 list, which ranks the 1,000 largest U.S. public and private corporations by total revenue, Virginia Business reported Monday. Boeing and Raytheon Technologies, previously based in Chicago and Massachusetts, respectively, relocated their headquarters to Arlington County in 2022. New to the […] More
The venture capital units at Lockheed Martin and Raytheon Technologies took part in an investment round that raised $12.5 million for Fortify, a startup company developing an advanced manufacturing platform. Fortify said Thursday the money will go toward its Digital Composite Manufacturing system development and business growth initiatives. The DCM platform, designed to support complex […] More
Raytheon Technologies has secured a U.S. Navy contract for the modernization of the service branch’s AN/SPY-6(V) family of radars. The defense contractor said Thursday it will leverage its software-defined aperture approach to enhance the radar’s performance. AN/SPY-6(V)1 is designed to be integrated with the Navy’s latest AEGIS combat weapon system version. It is compatible with […] More
