Raytheon was recently awarded a $39.9 million contract modification to produce an additional two B-2 antenna tool aids. This brings Raytheon’s antenna supplemental contract up to $113.7 million in value. A similar contract, for $23.4 million, was awarded to Raytheon in September 2017. Continue reading
The U.S. Air Force’s T-X advanced trainer program is one of the biggest prizes in the military aircraft market in the near future. This is due to the scale of the program itself: under the program, the Air Force intends to buy 350 advanced jet trainers to replace its fleet of Northrop T-38Cs. In addition, the winning T-X aircraft will be in a position to become perhaps the leading competitor in the future global market for advanced jet trainers. Continue reading
Sources in Taiwan report that the first four of the Air Force’s F-16A/Bs that will undergo an upgrade arrived at a plant in Taichung on January 16. The aircraft will be upgraded and overhauled to the F-16V configuration. As part of the estimated $3.47 billion upgrade, the F-16 fighters will be equipped with Northrop Grumman’s APG-83 SABR active electronically scanned array (AESA) radar. Continue reading
Despite all its setbacks – sequestration, budget cuts, the recent AWOL trip, and a halt to testing – the JLENS program will, technically at least, be funded through completion. However, JLENS will not be produced in the numbers one expected. Initial Operational Capability and low-rate production are expected around 2017. Most likely only the two test models will be produced and put into operational service. Still, IOC will probably be achieved around 2017 as scheduled. Continue reading
The U.S. Air Force Program Executive Officer for Mobility has delayed issuance of the Request for Proposals (RFP) for the T-X advanced pilot training program by three months. The program office now expects the RFP to be released in late December 2016. The postponement follows completion of an internal review regarding the program’s remaining tasks, and is intended to ensure the release of a well-defined RFP. Continue reading
Raytheon has officially jumped into the U.S. Air Force’s T-X competition as a prime contractor with its offering of the T-100, an advanced variant of the Aermacchi M-346. Principal partners on the team include Finmeccanica, CAE USA, and Honeywell Aerospace.
The U.S. Air Force Advanced Pilot Training program, also known as the T-X program, aims to replace the aging fleet of T-38 jet trainers currently in service. The Air Force is planning to acquire 350 aircraft beginning around 2023 or 2024. Continue reading
Raytheon’s APY-10 maritime, littoral, and overland surveillance radar has received another endorsement through an award for its sole platform, the Boeing P-8 aircraft. On January 28, the U.S. Department of Defense announced that the Navy awarded Boeing a $2.47 billion modification to a previous fixed-price-incentive-firm contract in order to exercise an option for additional P-8A aircraft. Continue reading
A U.S. military aero-surveillance system blimp, used primarily for defense, recently went on the offense when it broke from its moorings and created a destructive path of downed powerlines before finally crash landing miles away. Thanks to the blimp’s recent joyride, the U.S. Department of Defense has indefinitely suspended the program’s three-year operational trial exercise.
With defense spending in decline, Raytheon has been pursuing international sales, tightening its structure, and pushing into growth opportunities, such as cybersecurity.
As the U.S. begins to pull back from its military commitments in the Middle East, defense spending has slowed. Exacerbating the situation is Congress’s implementation and then temporary rescission of spending cuts under sequestration. Seeking to adapt to this “new normal,” the company restructured its operations from six to four groups in 2013 and has since then focused on cutting costs from its core product lines. Continue reading