MilitaryHouse Appropriators Propose Funding Reinstatement of $150M for AETP The House Appropriations Committee’s version of the fiscal 2024 defense funding bill turns back the U.S. Air Force’s proposal to cancel the Advanced Engine Transition Program (AETP) and provides $150 million for…
Electrification and SustainabilityRaytheon Technologies Completes First Engine Run of Hybrid-Electric Demonstrator American aerospace company Raytheon Technologies is doing its part to help the aviation industry reach its goal of sustainable air travel. In addition to funding other companies focused on developing hybrid-electric propulsion…
MilitaryPratt & Whitney Receives $115 Million for F135 Engine Core Upgrade Raytheon Technologies‘ [RTX] Pratt & Whitney snared a more than $115 million contract last week for the F135 engine core upgrade for the Lockheed Martin [LMT] F-35 fighter. Pratt & Whitney is to finish…
MilitaryDecision Expected This Year on Future Path for F-35 Engine A Pentagon decision on the future path for the F-35 engine may come this year. Raytheon Technologies‘ Pratt & Whitney F135 equips the Lockheed Martin F-35 fighter, but the F-35 program has…
CommercialRaytheon Technologies Moving Global Headquarters To Northern Virginia Raytheon Technologies 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 decision a…
CommercialRaytheon Technologies To Acquire Flight Tracking Company FlightAware Raytheon Technologies on Monday said its Collins Aerospace segment has agreed to acquire FlightAware, which provides global flight tracking services and analytics to a range of customers including airlines, airports and government. Terms…