Tag: raytheon

US to Bolster India’s Military Power With Major Deals

June 23, 2023
bidenChinaChina in FocusChina NewsDaily NewsEpochTVfentanylraytheonTikTok
0 Comment

Relations are shifting between the world’s biggest powers. Washington is now courting India, but what makes the country so critical for the United States? And what sectors will feel the impact of closer cooperation? We break down the latest in today’s episode. Topics in this episode: U.S. to Bolster India’s Military Power With Major Deals…

Read More

Bipartisan Senators Seek Pentagon Investigation Into Arms Makers Over Price Gouging Claims

May 26, 2023
BoeingBusiness & MarketsCompaniescongressdefense contractorsDepartment of DefenseLockheed MartinPoliticsprice-gougingraytheonUSUS News
0 Comment

Five U.S. senators, including two Democrats, two Republicans, and independent Sen. Bernie Sanders, are seeking a Department of Defense (DoD) investigation into allegations of price gouging by U.S. arms manufacturers. A CBS News “60 Minutes” report this week claimed systemic price gouging practices were used by major arms manufacturers such as Lockheed Martin, Boeing, and…

Read More

Raytheon $985 Million Hypersonic Award Puts Them Far Ahead in Contracting Race

September 24, 2022
awardBusiness & MarketsCompanieshypersonicNational SecurityraytheonTechTech NewsUSUS News
0 Comment

WASHINGTON—The Pentagon on Thursday said it awarded Raytheon Technologies a $985 million dollar contract to develop prototypes for a hypersonic attack cruise missile, putting the firm well ahead of rivals in the race to become lead developer of the strategic weapons. Raytheon beat out Boeing and Lockheed Martin to continue its development of the weapon….

Read More