Latest Federal & Government Contracting Companies' News Coverage
Greg Hayes, chairman and CEO of Raytheon Technologies, said the U.S. is collaborating with countries in the Middle East to facilitate the transfer of National Advanced Surface-to-Air Missile Systems from the region to Ukraine in the next three to six months with plans to replenish those with new NASAMS in the next two years, Politico […] More
Lockheed Martin, Raytheon Technologies, L3Harris Technologies and other U.S. defense contractors are facing workforce challenges that mostly resulted from pandemic-driven layoff and furlough activities and are seeing supply chain problems compounded by staffing issues, The Wall Street Journal reported Saturday. The downturn in employment numbers in the defense industry persists amid expectations of higher demand […] More
Greg Hayes, CEO of Raytheon Technologies, will assume Thomas Kennedy's current role as executive chairman of the board of directors upon the latter's retirement on June 1. Kennedy has held multiple leadership positions since joining Raytheon in 1983 and served on its board for six years, the company said Monday.
Greg Hayes, CEO of Raytheon Technologies, said the company has positioned its product portfolio to target the 2018 National Defense Strategy’s priorities as it anticipates a flat defense budget in the coming fiscal year, the Washington Business Journal reported Thursday.
Raytheon Technologies has appointed Michael Dumais as chief transformation officer to support the company's business transformation initiatives, Raytheon Technologies reported on Tuesday. In his new position with the company, Dumais will report to Greg Hayes, CEO of Raytheon Technologies.
Raytheon Technologies CEO Greg Hayes said the company's defense work will represent about 67 percent of sales in 2020, Inside Defense reported Monday.
Raytheon Technologies has announced its second quarter 2020 results on Tuesday, reporting sales of $14.1 billion, adjusted sales of $14.3 billion, GAAP EPS from continuing operations at a loss of $2.56 and adjusted EPS of $0.40.
Raytheon Technologies has reported first quarter 2020 results for standalone United Technologies including Otis and Carrier. The separation of Otis and Carrier and merger with Raytheon Company occurred on April 3, after the quarter closed, the company reported on Thursday.
Raytheon Technologies has received a shipment of personal protective equipment worth over $3M to support first responders and frontline health workers in Connecticut.
United Technologies Corp. will support volunteer projects under an expanded partnership with nonprofit Engineers Without Borders USA.
Thomas Kennedy, chairman and CEO of Raytheon, told Defense News in an interview published Wednesday that he and Greg Hayes, chairman and CEO of United Technologies Corp., met with President Donald Trump on June 10 to explain that the proposed Raytheon-UTC combination is complementary and not competitive.
United Technologies Corp. has appointed Diane Bryant, Intel executive vice president, to become a member of the global industrial conglomerate’s board of directors effective Jan. 1. 2017. Bryant currently leads the development of platforms for the digital services industry as general manager of Intel’s data center group, UTC said Wednesday. UTC CEO Greg Hayes said Bryant’s technology and digital economy […] More
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