Raytheon is establishing the headquarters of its newly formed Intelligence, Information, and Services business area at the company’s existing hub for operations in Sterling, Va., announced the company. It is also shifting the headquarters of its Space and Airborne Systems business from El Segundo, Calif., to McKinney, Tex., where the company already has a major presence, states the company’s May 2 release. SAS business operations will continue in California and other states. These decisions are part of the company’s consolidation, announced in March, according to the release. The headquarters of Raytheon’s Integrated Defense Systems business area will stay in Tewksbury, Mass., and the seat of its Missile Systems business area will remain in Tucson, Ariz.
The Air Force and Boeing agreed to a nearly $2.4 billion contract for a new lot of KC-46 aerial tankers on Nov. 21. The deal, announced by the Pentagon, is for 15 new aircraft in Lot 11 at a cost of $2.389 billion—some $159 million per tail.