Chris Calio takes helm of RTX as new chief executive
Calio has overseen the reorganization of RTX into three business units, and has said the company will further de-emphasize its role as a space prime contractor.
Facing obsolete parts, Raytheon struggling to replace Stingers sent to Ukraine
"Unfortunately, DoD hasn't bought a Stinger in about 18 years. Some of components are no longer commercially available, and so we're going to have to go out and redesign some of the electronics in the missile of the seeker head," Raytheon CEO Greg Hayes said.
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America must adopt a Sixth Domain of warfare doctrine
The Sixth Domain is not defined by geography. It’s a new kind of conflict in which autonomy and networked systems allow thousand-dollar consumer electronics to destroy multi-million-dollar conventional weapons systems.
Lockheed-Aerojet merger on life support, facing FTC lawsuit
"We cannot afford to allow further concentration in markets critical to our national security and defense," an FTC official said.
Defense Companies Brace For Workforce Loss Due To Vaccine Mandate
Companies like Raytheon and Northrop Grumman have already increased hiring, anticipating a reduction in its workforce due to the coronavirus vaccine mandate.