Raytheon Technologies

Follow the Money in Defense Stocks - The Sky's the Limit

Retrieved on: 
Wednesday, March 27, 2024

This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems.

Key Points: 
  • This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems.
  • With over two decades of pioneering work in heat dissipation technologies, KULR has become a trusted provider for demanding sectors including defense, aerospace and beyond.
  • Raytheon, an RTX business, was recently awarded a $1.2 billion contract to supply Germany with Patriot® air and missile defense systems.
  • (NYSE American: KULR), the defense industry represents an opportunity to capitalize on their innovative energy efficiency technology solutions and the sky is the limit.

Electronic Warfare Market worth $19.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2024

Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.

Key Points: 
  • Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.
  • The space platform is experiencing significant growth in the electronic warfare market due to several factors.
  • Firstly, the heightened reliance on satellite communications and navigation systems has made space-based assets vulnerable to electronic threats, driving the need for space-based electronic warfare capabilities.
  • The Original Equipment Manufacturers (OEMs) segment is poised for dominance in the electronic warfare market due to several key factors.

Electronic Warfare Market worth $19.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2024

Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.

Key Points: 
  • Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.
  • The space platform is experiencing significant growth in the electronic warfare market due to several factors.
  • Firstly, the heightened reliance on satellite communications and navigation systems has made space-based assets vulnerable to electronic threats, driving the need for space-based electronic warfare capabilities.
  • The Original Equipment Manufacturers (OEMs) segment is poised for dominance in the electronic warfare market due to several key factors.

Imaginuity® Names Chief Technology Officer

Retrieved on: 
Tuesday, April 2, 2024

Imaginuity has named Matt Sommer as its Chief Technology Officer.

Key Points: 
  • Imaginuity has named Matt Sommer as its Chief Technology Officer.
  • He is uniquely suited to Imaginuity’s mission to blend imaginative thinking, innovative technology, and uncommon ingenuity to deliver transformative results for its clients.
  • “Imaginuity has the talent and technology in place to effectively grow and find new ways to get even more value from its data and technology platforms,” added Sommer.
  • Imaginuity touches every aspect of the customer journey and has dedicated over 30 percent of the agency’s workforce to technology roles, imagining ways to make marketing smarter through data and technology.

RTX's SM-6 intercepts ballistic missile target at sea

Retrieved on: 
Friday, March 29, 2024

PACIFIC MISSILE RANGE FACILITY, Hawaii, March 29, 2024 /PRNewswire/ -- A Standard Missile-6 (SM-6) built by Raytheon, an RTX (NYSE: RTX) business, intercepted a medium-range ballistic missile target at sea in its final seconds of flight, after being fired from the USS Preble (DDG 88). This test verified some of the missile's enhanced capabilities when launched from a Baseline 9.C2 variant of the Aegis Combat System.

Key Points: 
  • PACIFIC MISSILE RANGE FACILITY, Hawaii, March 29, 2024 /PRNewswire/ -- A Standard Missile-6 (SM-6) built by Raytheon, an RTX (NYSE: RTX) business, intercepted a medium-range ballistic missile target at sea in its final seconds of flight, after being fired from the USS Preble (DDG 88).
  • The SM-6 missile can perform anti-air warfare, anti-surface warfare and advanced ballistic missile defense at sea.
  • FTM-32 was the seventh flight test of the SM-6 against ballistic missile targets and the fourth test utilizing the Dual II (Block IA) configuration.
  • It's the only missile that supports anti-air warfare, anti-surface warfare and sea-based terminal ballistic missile defense in one solution, and it's enabling the U.S. and its allies to cost-effectively increase the offensive might of surface forces.

Defense Electronics Obsolescence Market worth $3.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 20, 2024

The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.

Key Points: 
  • The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.
  • The defense electronics obsolescence industry has been segmented into Land, Naval, and Airborne.
  • The defense electronics obsolescence market is poised for significant growth, with North America projected to emerge as the region with the highest potential for expansion.
  • The major players in defense electronics obsolescence companies include Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).

Defense Electronics Obsolescence Market worth $3.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 20, 2024

The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.

Key Points: 
  • The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.
  • The defense electronics obsolescence industry has been segmented into Land, Naval, and Airborne.
  • The defense electronics obsolescence market is poised for significant growth, with North America projected to emerge as the region with the highest potential for expansion.
  • The major players in defense electronics obsolescence companies include Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).

C4ISR Market size to grow by USD 30.22 billion, North America to occupy 39% market share, Technavio

Retrieved on: 
Friday, March 15, 2024

Barriers to adopting new technology and equipment hinder C4ISR market growth.

Key Points: 
  • Barriers to adopting new technology and equipment hinder C4ISR market growth.
  • The US Department of Defense invests significantly in C4ISR systems due to evolving warfare needs, emphasizing IT skills in defense.
  • The command and control systems market size is estimated to grow at a CAGR of 3.3% between 2023 and 2028.
  • The synthetic aperture radar (SAR) market is estimated to grow at a CAGR of 7.56% between 2022 and 2027.

CoreCivic Appoints Catherine Hernandez-Blades and Alexander R. Fischer to its Board of Directors; CoreCivic Also Announces Planned Retirement of Long-Term Board Member Donna Alvarado

Retrieved on: 
Thursday, March 7, 2024

Both Ms. Hernandez-Blades and Mr. Fischer are expected to join various board committees in the future.

Key Points: 
  • Both Ms. Hernandez-Blades and Mr. Fischer are expected to join various board committees in the future.
  • "We are pleased to have Catherine and Alex join our Board of Directors," said Damon Hininger, CoreCivic's President and Chief Executive Officer.
  • "Catherine brings decades of executive leadership experience in government relations, communications, and marketing in both the private and the public sectors.
  • Catherine also provides community support as a board member at several non-profits.

Canadians ramp up pressure on Trudeau and Joly with coordinated blockades of weapons manufacturers as UN calls for immediate arms embargo on Israel

Retrieved on: 
Wednesday, February 28, 2024

Over 82,000 Canadians signed a parliamentary petition demanding an embargo on military exports to Israel, and 75 civil society groups called on Foreign Affairs Minister Mélanie Joly to resign if she won’t impose an arms embargo.

Key Points: 
  • Over 82,000 Canadians signed a parliamentary petition demanding an embargo on military exports to Israel, and 75 civil society groups called on Foreign Affairs Minister Mélanie Joly to resign if she won’t impose an arms embargo.
  • Canadian communities are demanding that the government end its complicity with Israeli genocide and stop all military exports.
  • All of the companies that have been targeted by actions this week are producing weapons and arms components that are being used by Israel to attack Gaza’s civilian population and infrastructure.
  • “It’s been over a month since the International Court of Justice ruled that Israel is plausibly committing genocide in Gaza.