Tag Archives: Thomas Kennedy

Thomas Kennedy: Raytheon Seeks to Replace Existing Surface-to-Surface Missiles With NSM

Raytheon CEO Thomas Kennedy, a two-time Wash100 recipient, has said the company intends to make the Naval Strike Missile program a “multibillion-dollar franchise opportunity” by replacing the current international and local inventory of surface-to-surface missiles, Defense News reported Thursday. NSM is a joint effort of Raytheon and Norway-based Kongsberg and is …

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Raytheon’s Thomas Kennedy: Allies’ Procurement of US Defense Equipment to Continue Amid Tariffs

Raytheon CEO Thomas Kennedy told CNBC in an interview posted Wednesday he believes that despite trade disputes, foreign countries will continue to procure defense platforms from the U.S. in order to safeguard their citizens’ freedom and protect their sovereignty. He noted about European countries’ efforts to increase their defense spending …

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Raytheon’s Thomas Kennedy: Data Integrity Key Tenet of IT Cybersecurity

Raytheon Chairman and CEO Thomas Kennedy has said he believes maintaining data integrity should be part of an organization’s strategy to secure information technology assets from cyber threats. He wrote in an article published Tuesday on LinkedIn that data integrity protections can help companies defend against insider threats and comply with financial reporting …

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Raytheon-Ponemon Survey: IT Professionals Predict ‘Catastrophic’ Data Breach Due to Unsafe Internet Devices

A Raytheon-commissioned study has found that 82 percent of senior information technology professionals said they predict the use of unsecured internet of things-based devices to result in a major data breach over the next three years. The Ponemon Institute polled approximately 1,100 senior IT practitioners in the U.S., Europe, the Middle East …

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Raytheon Launches Abu Dhabi, UAE-Based Subsidiary

Raytheon has created an aerospace and defense subsidiary in the United Arab Emirates to mark its 30th year of partnership with the country’s government. John Brauneis, formerly vice president for supply chain management at Raytheon, will serve as chief executive of the Abu Dhabi-based Raytheon Emirates business, the company said Wednesday. …

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Raytheon’s Thomas Kennedy: Threats Target Nat’l Defense, Infrastructure Amid Increased Connectivity

Thomas Kennedy, chairman and CEO at Raytheon, has said nation states, cyber criminals and “hacktivists” pose a threat to infrastructure, businesses, individuals and national defense, The Financial News and Daily Record reported Friday. Kennedy noted at the Davis Leadership Forum at Jacksonville University in Florida that current cybersecurity vulnerabilities exist …

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Raytheon’s Thomas Kennedy: DoD-Industry Collaboration Essential to Address Cyber Threats

Raytheon CEO Thomas Kennedy said at an Aerospace Industry Association event held on Capitol Hill that the Defense Department and companies should partner in efforts to fix potential cyber vulnerabilities in military systems and develop future professionals to support cyberharderning efforts. He also called on DoD policymakers and industry leaders to collaborate to help small …

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Raytheon’s Thomas Kennedy: State-Sponsored IP Theft Affects US Defense Industry

Raytheon Chairman and CEO Thomas Kennedy has said that state-sponsored theft of intellectual property poses a challenge to the U.S. defense industry and military. He voiced his support for President Donald Trump’s memorandum that directs the U.S. Trade Representative to study whether the U.S. government should formally investigate China for trade practices that …

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GovCon Execs Laud White House Memo on China’s Trade Practices; Leidos’ Roger Krone Comments

Several government contracting industry leaders have commended President Donald Trump’s move to sign a memorandum on China’s trade practices. The White House memo would authorize the U.S. trade representative to decide whether to conduct an investigation into China’s alleged theft of U.S. intellectual property, The Hill reported Monday. “Safeguarding our …

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Raytheon’s Thomas Kennedy: Trump Administration Opens Growth Opportunities for Defense Industry

Raytheon CEO Thomas Kennedy has said the White House’s measures to support the defense sector help U.S. contractors pursue growth opportunities in the international market, the Boston Business Journal reported Wednesday. “Having an administration that supports industry and going after international business changes the game,” Kennedy said during Raytheon’s second-quarter earnings …

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Aerospace Industries Association Appoints New Board of Governors Members for 2017

The defense sector trade group Aerospace Industries Association has elected new members its executive board of governors for 2017 that includes at least 20 government contracting industry leaders. AIA said Thursday Boeing CEO Dennis Muilenburg was chosen to serve as the association’s chairman of the board and Raytheon chief executive Thomas Kennedy was elected …

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