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Lockheed Martin Makes First International SEWIP Sale to Japan

10/29/2024 | Lockheed Martin
Lockheed Martin was awarded a $113 million contract by Naval Sea Systems Command for full rate production of Surface Electronic Warfare Improvement Program (SEWIP) Block 2 AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems. 

QinetiQ Wins Targets Contract with US Army

10/28/2024 | QinetiQ
QinetiQ has won an Aerial Target Systems (ATS-3) contract from the US Army. The indefinite-delivery/indefinite-quantity (IDIQ) contract has an estimated ceiling of $95 million and is the first time QinetiQ is entering the US market as a prime contractor of highly sophisticated aerial target systems.

Increased Production and Weakened Demand to Drive NAND Flash Prices Down 3–8% in 4Q24

10/15/2024 | TrendForce
TrendForce’s latest findings reveal that NAND Flash products have been impacted by weaker-than-expected seasonal demand in the second half of 2024, leading to a decline in wafer contract prices in Q3. This downward trend is projected to deepen, with prices expected to drop by more than 10% in Q4.

RTX's Raytheon Awarded $736M Contract to Produce AIM-9X Missiles

10/10/2024 | RTX
Raytheon, an RTX business, was awarded a $736 million contract from the U.S. Navy to produce AIM-9X® SIDEWINDER® missiles.

RTX's Raytheon Completes Hydrodynamic Testing for the Barracuda Mine Neutralization System Milestone

10/08/2024 | RTX
Raytheon, an RTX business, recently conducted a series of controlled environmental tests for the Barracuda Mine Neutralization System at the Naval Surface Warfare Center Carderock Division.
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