:

Business/Financial

Raytheon Technologies Moving Global HQ To Northern Virginia

By Cal Biesecker

Tuesday, June 7th, 2022

SHARE:

Raytheon Technologies Moving Global HQ To Northern Virginia

Raytheon Technologies Chairman and CEO Greg Hayes. Photo: Raytheon Technologies

Raytheon Technologies [RTX] on Tuesday said it will establish its global headquarters in Northern Virginia, close to many of its government customers in the Washington, D.C., area, a move that follows Boeing’s [BA] decision a month ago to relocate its corporate headquarters to the region. Raytheon said it will be moving to Rosslyn, an area of Arlington Virginia across the Potomac River from Washington and the same neighborhood as its Intelligence & Space operating segment. The company is currently headquartered…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]