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.
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.
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.
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.
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."
Lockheed Martin has begun making investments in other rocket makers amid its concern over what L3Harris Technologies' agreement to buy Aerojet Rocketdyne means.
Greg Hayes also believes Aerojet Rocketdyne's work as a maker of solid rocket motors should improve if regulators greenlight its sale to L3Harris Technologies.
