:

Business/Financial

Raytheon Announces Leaders For Consolidated Segments Under UTC Deal

By Cal Biesecker

Wednesday, October 23rd, 2019

SHARE:

Raytheon Announces Leaders For Consolidated Segments Under UTC Deal

Roy Azevedo, President, Intelligence, Space and Airborne Systems. Photo: Raytheon

Raytheon [RTN] on Wednesday announced the leadership of its business segments that will be consolidated as part of the pending acquisition of the company by United Technologies Corp. [UTX], with current segment executives Roy Azevedo and Wesley Kremer staying on board. Azevedo, who has been president of Raytheon Space and Airborne Systems since 2018, will lead Intelligence, Space and Airborne Systems at Raytheon Technologies. The new segment consolidates SAS, Intelligence, Information and Services, and Forcepoint, which is a small commercial…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]