RTX

More companies are likely to need a strong focus on operations to execute challenging business initiatives.

The award to Raytheon/MBDA joint venture Comlog will supply GEM-T missiles to Germany, the Netherlands, Romania, and Spain initially, although NATO says other Patriot users are expected “to benefit from the conditions of the contract.”

As the first U.S. hypersonic weapons enter service, defense officials are searching for new ideas for high-speed propulsion and to dramatically reduce prices.

German lawmakers have approved €3 billion ($3.3 billion) in spending for the procurement of some 1,900 missiles.

Industry titans will continue to sell off businesses, and private equity will continue to play a central role.

If 2023 is any indication, 2024 could be a yearlong Festivus in the supply chain.

Heir apparent Chris Calio to take over sprawling aerospace and defense giant.

Chris Calio will become the next CEO of RTX, arguably the world’s largest aerospace and defense company by annual sales, on May 2, 2024.

L3Harris Technologies is adding two members to its board of directors, including a former CEO of erstwhile Raytheon, a deal with activist investor D.E. Shaw.

The coming year is shaping up to be even better than 2023 for aerospace and defense companies with both cash flow and profitability looking robust.

Safran may take the Italian government to court after Rome blocked its purchase of Collins Aerospace's actuation and flight control systems business from RTX.

Austria plans to expand its ground-based air defense capabilities with the procurement of a long-range (more than 50-km) system.

The Italian government is exercising its “Golden Power” to thwart the deal, citing the unit’s continued support for the multi-nation Eurofighter program.

WAAS is undergoing a major upgrade and preparing to incorporate the Pentagon’s new L5 civil signal for aviation safety services.

Oslo says it wants to increase its number of Nasams batteries and improve versatility by adding new weapons options to the system.

Raytheon and Kongsberg had to “beg, borrow and steal” to get Nasams to Ukrainian forces in a matter of weeks.

RTX leaders sought to snuff out financial concerns over its ongoing GTF engine problems Oct. 23 as they unveiled relatively expected financial results.

Lockheed CFO Jay Malave said the defense prime is facing a "headwind" from new financial charges relating to a classified missile program.

Lockheed Martin’s aeronautics division took a sales hit in the third quarter of fiscal 2023 as continued F-35 delivery delays ate into the bottom line.

With Ukrainian and U.S. munitions stockpiles in urgent need of replenishment, a new conflict in Israel could further stretch global supply chains for weapons.

Our roundup of the main aerospace and defense stories making the news this week.

Deeply intertwined supply chains mean that breaking up is not just hard to do—in some cases, it is impossible.

RTX company Collins Aerospace has formally opened the Grid, a $50 million advanced electric power systems laboratory.

The X-66A will combine the experimental high aspect ratio TTBW wing with the modified fuselage of an MD-90.

The award is a big step for the RDE community, providing a platform to move forward the nascent technology that potentially offers a leap in fuel efficiency.