Category: Defense Contractors

Military-Industrial Blockbuster: United Technologies To Buy Raytheon, Creating One Of World’s Largest Defense Firms

Military-Industrial Blockbuster: United Technologies To Buy Raytheon, Creating One Of World’s Largest Defense Firms

Tyler Durden | ZeroHedge | Source URL United Technologies has agreed to buy Raytheon in an all stock deal, forming one of the world’s largest aerospace and defense companies with more than $74 billion in revenue and $13.5 billion in EBITDA, through one of the industry’s biggest deals ever. With […]

Lockheed Martin Wins $289M Deal for M142 HIMARS Launchers

NASDAQ | Source URL Lockheed Martin Corp . LMT recently secured a $289.2-million modification contract for the delivery of 24 M142 High Mobility Artillery Rocket Systems (HIMARS) launchers and spare parts. The contract was awarded by the U.S. Army Contracting Command, Redstone Arsenal, Alabama. Work related to the deal will be carried out […]

The Line Between Big Tech & Defense Work

Wired | Source URL FOR MONTHS, A growing faction of Google employees has tried to force the company to drop out of a controversial military program called Project Maven. More than 4,000 employees, including dozens of senior engineers, have signed a petition asking Google to cancel the contract. Last week, Gizmodo reported that a […]