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RTX RAYTHEON CONTRACT
US strikes $58.6 billion Patriot missile deal amid rising stockpile concernsThe US Army awarded Lockheed Martin a significant contract for Patriot interceptor missiles. This deal aims to bolster depleted weapons sto...
US license could let Ukraine produce Patriot missiles, but it won't be simple or quickPresident Trump announced the United States will allow Ukraine to produce Patriot air-defense systems. This significant pledge, however, fa...
Defence startups raid auto and fracking sectors for parts to speed weapons outputSoaring demand for rocket motors used to power missiles and other weapons has spurred new thinking about supply chains. Seeking big returns...
White House to press defense firms to boost production as US strikes on Iran draw down stockpilesThe Trump administration is meeting top defense contractors to speed up weapons manufacturing. This comes as the Pentagon needs to restock ...
Defense contractors, like Lockheed, seen removing Anthropic's AI after Trump banUS defense contractors, like Lockheed Martin, are expected to follow the Pentagon's order to purge Anthropic's prized AI tools from their s...
Defence executives plan to meet at White House as strikes on Iran diminish stockpilesTop US defense firms are meeting the White House Friday to accelerate weapons production. This comes as the Pentagon seeks to replenish sto...
RTX posts higher quarterly sales on strong engine demand, aircraft repairs, shares edge upAerospace and defense giant RTX posted a higher fourth-quarter revenue and profit on Tuesday, driven by a rise in sales for its engines an...
Trump proposes massive increase in 2027 defence spending to $1.5 trillion, citing 'dangerous times'Insisting on more funding for the Pentagon is almost certain to run into resistance from Democrats who work to maintain parity between chan...
RTX unit Raytheon lands $1.7 billion deal to supply Patriot systems to SpainRaytheon Technologies secured a $1.7 billion contract to supply four Patriot air and missile defense systems to Spain. This mobile system, ...
How US defence industry dodged a rare-earth shortage after China's curbsAmid rising geopolitical tensions, the United States is facing a pressing scarcity of samarium, an essential metal for sophisticated weapon...
Top 100 weapons makers post record $679bn sales despite supply-chain strains: ReportGlobal arms sales reached a record $679 billion last year. Wars in Ukraine and Gaza fueled demand for weapons. European arms makers saw sig...
Why did NASA cancel its $100 million contract for making spacesuits? Know in detailsThe spacesuits astronauts use are called Extravehicular Activity, or EVA, suits. These were designed more than 40 years ago.
Missile defence successes in Gulf, Ukraine fuel global urgency to acquire systemsExperts predict that the successful use of ballistic missile defenses in recent high-stakes combat scenarios in Israel, the Red Sea, and Uk...
RTX beats estimates on military demand, aviation strengthRTX, a major aerospace and defense company, surpassed first-quarter earnings expectations due to demand for missile defense systems and a s...
Red Sea ballistic missile attacks trigger Asian interest in defencesThe use of anti-ship ballistic missiles (ASBMs) in the Red Sea has piqued Asian interest in defense systems to counter them, experts and in...
US awards contract worth 68.4 milliion US dollars to make jet fighter missiles for TaiwanThe US Department of Defense has awarded a $68.4 million contract to an American company for the production of 50 Joint Standoff Weapon (JS...
NATO to buy 1,000 Patriot missiles in face of Russia threatNATO members are buying 1,000 Patriot missiles to bolster air defences in the face of the threat from Russia. Alliance chief Jens Stoltenbe...