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Anti-trust approval for UTC, Raytheon deal

The US Justice Department approved United Technologies Corporation’s planned merger with Raytheon, subject to conditions. UTC agreed in June to combine its aerospace business with...

Weapons maker Raytheon tops profit estimates on strong international demand

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U.S. weapons maker Raytheon topped Wall Street estimates for quarterly profit on Thursday as strong international demand spurred sales in its defense systems unit,...

Raytheon Technologies set to become new aerospace and defense conglomerate

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In what is set to be the largest merger of the decade, Raytheon and United Technologies Corp (UTC) are steadily moving toward their goal,...

United Technologies, Raytheon to create $120 billion aerospace and defense giant

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United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121...

Egypt getting Sentinel radars

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Egypt will be receiving eight Sentinel radar systems from the United States worth nearly $45 million after Raytheon Integrated Defence Systems was...

U.S. arms export boom under Obama seen continuing with Trump

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U.S. defense contractors, which saw international sales rise strongly under President Barack Obama's administration, can expect a continued boom in arms exports...

Morocco getting more TOW missiles

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Morocco is one of the beneficiaries of a $129 million contract for TOW anti-tank missiles for various foreign countries. The $129,429,079 contract was...

Tech transfer, domestic production play growing role in arms deals

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Technology transfers and commitments to build and buy equipment locally have become key determinants in which companies win global arms sales orders,...

US approves small arms sales to Morocco, Egypt

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Boeing has received a $357.8 million contract to produce precision laser guided sets for the US military and foreign military sales clients,...

Lockheed teams with Bombardier, Raytheon for ISR aircraft

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Lockheed Martin announced on Tuesday that it will team with Raytheon and Bombardier to develop a new surveillance and command and control...

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Coronavirus shows why the SANDF needs to be adequately funded

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The deployment of the South African National Defence Force (SANDF) to help fight the COVID-19 novel coronavirus yet again demonstrates the need for a...