Hoping to speed up the weapons development process as it competes with China and Russia for technological preeminence, the Pentagon has dramatically expanded its use of an obscure loophole that allows
Raytheon Co. won a $384 million contract to provide the U.S. Army with a new radar system, the company announced on Thursday, beating out competitors like Lockheed Martin and Northrop Grumman. The defense
Raytheon announced Thursday that it has been selected by the Army to build the Lower Tier Air and Missile Defense Sensor (LTAMDS), a replacement for the Patriot radar that has been in service for decades.
The US Army has decided on a vendor for its Patriot radar replacement, the Lower Tier Air and Missile Defense Sensor (LTAMDS), but it is still in the process of hammering out a deal with the winning company,
Aerospace company United Technologies and defense contractor Raytheon moved a step closer to becoming the second largest aerospace company as shareholders approved a merger of the two businesses. The jointly