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Pentagon picks Northrop, Lockheed, Raytheon to develop hypersonic defense

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The Pentagon on Friday said it selected Northrop Grumman, Lockheed Martin and Raytheon to research and develop a missile system that would be able...

US successfully flight tests Raytheon hypersonic weapon – Pentagon

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The United States has tested an air-breathing hypersonic weapon capable of speeds faster than five times the speed of sound, marking the first successful...

Defence and commercial travel boost Raytheon’s hopes for the year

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US aerospace manufacturer Raytheon Technologies Corp on Tuesday lifted the lower end of its full-year sales forecast on strong performance of its defense unit...

Raytheon posts better-than-expected profit and sales, shares jump

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US aerospace manufacturer Raytheon Technologies Corp reported better than expected quarterly profit and sales Tuesday but forecast lower than expected 2021 revenue amid a...

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...

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SA’s top soldier right on decline upon a decline in the SANDF

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South Africa’s senior soldier – SA National Defence Force (SANDF) Chief – General Rudzani Maphwanya has it spot on in that the decline upon...