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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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The Defense Advanced Research Projects Agency has awarded RTX's Raytheon BBN Technologies the Resilient Supply-and-Demand Networks contract. The RSDN contract calls for the development of a modeling and simulation tool that will work to predict how supply demand networks might be impacted by shocks and formulate mitigations to address those effects, RTX said Monday.

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As the adoption of artificial intelligence in the federal sector continues to expand, a new generation of innovators is emerging to spearhead advancements in this field. AI leaders are essential in the digital transformation initiatives undertaken by the federal government. Their expertise is particularly viral in navigating the ever-growing technology landscape and addressing key focus […] More
Raytheon, an RTX business, has won a contract to design and demonstrate airborne optical energy relays under a Defense Advanced Research Projects Agency program meant to enhance energy distribution and performance in military vehicles. The company will specifically support the Persistent Optical Wireless Energy Relay Program as part of the $10 million cost-plus-fixed-fee award, the Department […] More
Raytheon will help digital automation company Node.Digital enhance cybersecurity capability, business development strategy and other practices as part of the Department of Homeland Security’s Mentor-Protege Program. The RTX business will provide Node.Digital with mentorship and technical assistance to allow both parties to bid as prime and support DHS’ program risk mitigation efforts, the aerospace and […] More
NASA has recognized a team at Raytheon Technologies with the Group Achievement Award for its help in the development of James Webb Space Telescope’s flight operations subsystem. The ground control software is built by Raytheon’s intelligence and space business to provide command and control of the observatory and support telemetry analysis, observation plan management, ground […] More
CACI International and a Raytheon Technologies subsidiary are two industry participants in a Defense Advanced Research Projects Agency program that seeks algorithmic tools capable of performing decision-making tasks in a challenging scenario such as combat triage. DARPA said Tuesday four teams will support the development of a framework for building trustworthy artificial intelligence algorithms under […] More
The venture capital units at Lockheed Martin and Raytheon Technologies took part in an investment round that raised $12.5 million for Fortify, a startup company developing an advanced manufacturing platform. Fortify said Thursday the money will go toward its Digital Composite Manufacturing system development and business growth initiatives. The DCM platform, designed to support complex […] More
Raytheon Technologies has unveiled an electro-optical intelligent-sensing technology designed to provide enhanced threat identification capabilities to pilots. RAIVEN uses light detection and ranging sensors and hyperspectral imagery to enable real-time optical and spectral object identification and employs artificial intelligence to generate a complete picture of the battlefield, Raytheon said Monday. Torrey Cady, vice president of […] More
Raytheon Technologies will award three cybersecurity scholarships through a partnership with the International Information System Security Certification Consortium’s charitable foundation to qualified candidates considered historically underrepresented in the science, technology, engineering and math fields.  ISC(2) said Thursday the Center for Cyber Safety and Education will evaluate applications based on a set of criteria, including financial […] More
Neural Propulsion System received a strategic investment from Raytheon Technologies‘ venture capital arm RTX Ventures via a series B funding.  Through the investment, Neural Propulsion Systems will develop a radar technology equipped with enhanced resolution and longer range for mobile and defense applications, the artificial intelligence company said Thursday. The amount of the investment was […] More
A subsidiary of Raytheon Technologies has won a contract from the U.S. Navy to deliver a software-based GPS navigation and precision approach landing system to the Japanese navy. Under the foreign military sales contract from Naval Air Traffic Management Systems Program Office, Raytheon Intelligence & Space said Monday it will deploy the Joint Precision Approach […] More
Raytheon Technologies reported $67.1 billion in revenue for its full 2022 fiscal year, a 4 percent increase over fiscal 2021 figures. The Arlington, Virginia-based company said Tuesday defense programs accounted for $69 billion of its $175 billion total backlog as of Dec. 31 and commercial aerospace work accounted for the remaining $106 billion. Sales grew […] More
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