Nuclear Power might have an essential role in the era of coronavirus. Earlier today, July 10th, Sama Bilbao y Leon, head of the Nuclear Technology Development and Economics at OECD Nuclear Energy Agency, gave a virtual speech via webinar concerning the impact nuclear energy could have on a recovering global economy during the COVID-19 pandemic…. Read more »
Tag: Corporate News
Raytheon Technologies Closes Albuquerque Facility
U.S. aerospace defense contractor Raytheon, who recently merged with United Technologies, announced plans May 19th to shutter their operations in Albuquerque, New Mexico. The company, now under the new conglomerate Raytheon Technologies Corp, intends to shift operations at the Sandia Science and Technology Park to other states including Massachusetts and here in Tucson, Arizona. “We… Read more »
Raytheon & United Technologies Complete Mega Merger
Completing one of the biggest mergers in recent memory within their respective industries, Raytheon Corporation and United Technologies resolved final regulatory objections earlier this month to create a defense stalwart capable of generating multi-billion dollar annual revenues. As a result of the merger, the two companies will operate as Raytheon Technologies and trade under RTX…. Read more »
Raytheon Inks Lucrative Deal with Aerojet Rocketdyne
One of the largest defense contractors in the United States, Raytheon company, recently reached a deal with missile/rocket manufacturer Aerojet Rocketdyne, Inc. for the purchase of the latter’s propulsion systems. Arriving on the heels of Raytheon’s standard missile production contract with the Department of Defense, this deal aims to vastly improve the company’s supply chain… Read more »
Lockheed Martin Wins $31.9 Million Weapons Contract
Defense contractor Lockheed Martin Corp. has been awarded a $31.9 million contract by the U.S. government to develop a specialized weapon-delivery system capable of striking mobile enemy targets. The U.S. Defense Advanced Research Projects Agency (DARPA) conferred the contract to Lockheed’s Missiles & Fire Control branch in Grand Prairie, Texas, this month where the bulk… Read more »