RTX

Undersea drone startup fetches $16M to aid hiring, manufacturing push

Lockheed Martin Ventures, RTX Ventures, SAIC Ventures and In-Q-Tel are the GovCon names involved in this investment round.

  • By Ross Wilkers

RTX will pay almost $1B for defrauding DOD, allegedly bribing Qatari official

That’s on top of the $200 million levied in August for illegal exports to China and elsewhere.

  • By Audrey Decker

A trio of space startup investment rounds to highlight

The venture arms of AE Industrial Partners, Lockheed Martin and RTX are among the notable names at the heart of these investments.

  • By Ross Wilkers

Army unveils second solicitation for $4B in R&D recompetes

This is for the unrestricted portion of the so-called D3I2 vehicle that focuses on research work in space, high-altitude and missile defense.

  • By Ross Wilkers

Tech, roadmap and talent leadership moves across the market

One of the aerospace-and-defense sector's blue chip players also undertakes a leadership transition for one of its business segments.

  • By Ross Wilkers

DTRA opens proposal window for $3.5B counter-WMD contract

The Defense Threat Reduction Agency will choose up to eight companies for this recompete of a contract vehicle focused on partnerships with other nations.

  • By Ross Wilkers
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RTX moves away from competing as a prime for space contracts

RTX's soon-to-be CEO tells investors the company will turn its focus to "the key components that go in the prime satellites and buses.”

  • By Audrey Decker

Army moves toward second solicitation for $4B in R&D services recompetes

This is for the full-and-open portion of a contract vehicle used to acquire research-and-development services for global space, missile defense and high-altitude missions.

  • By Ross Wilkers

Air Force chooses 17 for $499M anti-tampering tech contract

Three incumbents will continue onto this expanded iteration of the program focused on defending against unintended technology transfers or alterations by adversaries.

  • By Ross Wilkers

Navy wraps up awards for $250M undersea tech contract

Some of the program's core functional areas include payloads, propulsion, electrical power, guidance and control, and non-payload sensors.

  • By Ross Wilkers

RTX promotes insider to lead defense hardware segment

The company has another senior leadership change in the works amid the transition to a new CEO.

  • By Ross Wilkers

RTX promotes its next tech chief from within

RTX will start 2024 with a new chief technology officer as it also prepares for the next CEO to move up as well.

  • By Ross Wilkers

RTX's CEO transition follows three years of change and turbulence

Both the company and Greg Hayes' tenure started amid the coronavirus pandemic and essentially a pause in air travel. Chris Calio will move up to CEO in the spring amid rising demand for defense products.

  • By Ross Wilkers
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AI chip startup gets new backing from RTX's venture arm, other investors

EnCharge AI will use this newfound capital to grow out its team of employees and scale up product development.

  • By Ross Wilkers

What the mystery buyer of RTX's cyber business is getting

RTX is fetching $1.3 billion for its cybersecurity, intelligence and services business unit. We can tell you all about the transaction even without (yet) knowing the acquirer's identity.

  • By Ross Wilkers

Army unveils first draft for $4B in R&D services recompetes

Small businesses are the intended audience for this draft solicitation but the Army is working on a second contract for a full-and-open competition next year.

  • By Ross Wilkers

WT 360: RTX Ventures casts its net wide and far across an expanding tech ecosystem

Dan Ateya, president and managing director of RTX's venture capital division, explains how the aerospace-and-defense giant also is a scout for startup businesses and technologies that show promise for transforming the entire ecosystem.

  • By Ross Wilkers

RTX's venture arm leads financing round for space startup

This two-year-old company is looking to extend itself beyond its current low-Earth orbit focus and work toward supportong so-called "GEO" missions.

  • By Ross Wilkers

The newly minted 'RTX' lays out its post-reorg blueprint

With a new structure in place, the global aerospace-and-defense company highlighted its priorities that include the U.S. military's complicated network vision known as "JADC2."

  • By Ross Wilkers

Lockheed fears L3Harris will block access to Aerojet’s rockets

Lockheed Martin has begun making investments in other rocket makers amid its concern over what L3Harris Technologies' agreement to buy Aerojet Rocketdyne means.

  • By Marcus Weisgerber

Space Force lifts curtains on $4B range support solicitation

The military's youngest service branch wants to transform its two main ranges into a pair of spaceports.

  • By Ross Wilkers