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Raytheon agrees to pay nearly $1 billion for overcharging U.S. government, bribing Qatar officials
Its president and CEO, Christopher Calio, told investors that the investigations largely involved issues that predated the Raytheon-United Technologies merger that formed the current company in 2020.
CRN4y
Raytheon Unloads Security Subsidiary Forcepoint To Private Equity
The defense giant has been working to divest itself of various business units as a result of its merger with United Technologies Corp. Last year, Raytheon CEO Thomas Kennedy said that Forcepoint ...
GlobalAir.com3d
NBAA Names 5 Industry Leaders to its Board, Advisory Council
The NBAA announced that FlightAware Founder and BakerVentures CEO Daniel Baker and 4AIR President Kennedy Ricci have been ...
National Review1y
Army to Boost Javelin Production with $7 Billion Contract
In the first ten months of the war, the U.S. had depleted five years’ worth of Javelin production, Raytheon CEO Greg Hayes said in December. Around that time, Javelin production had been held up ...
CRN4y
Forcepoint Snags Former Arista, F5 Exec Manny Rivelo As CEO
As CEO, Forcepoint said Rivelo will focus on accelerating ... Forcepoint recorded $658 million in revenue as a division of Raytheon in 2019, up 4 percent from $634 million in 2018.