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Raytheon, Northrop advance in competition to develop hypersonic weapons interceptor

WASHINGTON — Raytheon Technologies and Northrop Grumman have each won contracts to continue developing hypersonic weapons interceptors in a Missile Defense Agency-led competition, according to a June 24 Pentagon contract announcement. Each company was awarded a firm-fixed price modification to a previously awarded contract for rapid prototyping. Each modification is worth roughly $41.5 million, bringing …

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Fortune 500 company announces plans to move headquarters out of Mass.

Fortune 500 company announces plans to move headquarters out of Mass.

Raytheon Technologies, the major aerospace and defense contractor that’s near the top of the Fortune 500, will be moving its headquarters out of Massachusetts.The company announced Tuesday that it will be moving its global headquarters from Waltham to Arlington, Virginia. That transition will occur during the third quarter of the year. Reasons cited for the …

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