Tag: raytheon

US to Bolster India’s Military Power With Major Deals

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…


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

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…


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

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….