Raytheon, the RTX-owned defense manufacturer based in Andover, Massachusetts, announced that the U.S. Navy awarded it a $1.8 billion contract extension for hardware production and sustainment of the SPY-6 family of radars, building on an initial contract the company received in March 2022. The extension carries options that, if the Navy exercises all of them, […]

German defense giant Rheinmetall has secured a contract worth just under €1 billion (roughly $1.1 billion) for its role in overhauling how the British Army trains its soldiers, part of a broader £2 billion (approximately $2.7 billion) government program that will replace traditional live exercises with a blended system of virtual, synthetic and data-driven training […]