Raytheon Technologies (RTX) has announced its first-quarter 2023 financial results, reporting sales of $17.2 billion, up 10 percent from the previous year.

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A total order intake of Skr17bn ($16.4bn) marked a 110% increase from Q1 2022.

The post Saab wins strong order intake in Q1 2023 appeared first on Army Technology.

Despite showing a solid start to the year, shortfalls in the supply chain and labour shortages mean Lockheed Martin cannot beat the order rate as international orders are surpassing the production rate on projects such as the F-35.

The post Lockheed Martin records $15.1bn in sales in Q1 amidst growing threats appeared first on Army Technology.

US-centred aerospace and defence company Northrop Grumman has released its latest environmental, social, and governance (ESG) report, outlining progress made towards achieving its sustainability goals, according to a release.

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The US Army has awarded a contract to Raytheon to start modification to produce Excalibur lb Increment precision-guided extended-range projectiles for Jordan.

The post Raytheon awarded Excalibur lb projectiles modification for Jordan appeared first on Army Technology.

The IDEX exhibition in Abu Dhabi was an opportunity for defence companies to present their capabilities to a country and region with strong buying power.

The post IDEX 2023: EDGE Group dominates as strategic partner  appeared first on Army Technology.

The IDEX exhibition in Abu Dhabi was an opportunity for defence companies to present their capabilities to a country and region with strong buying power.

The post IDEX 2023: EDGE Group dominates as strategic partner  appeared first on Army Technology.

We aggregated thousands of records from GlobalData's proprietary themes, jobs, deals and patents databases to identify the most active companies in the area of China impact in the aerospace and defence sector.

The post Revealed: The aerospace and defence companies leading the way in China impact appeared first on Army Technology.

General Dynamics European Land Systems (GDELS) is the European division of the General Dynamics Group, specializing in ground and bridge systems and serves armies throughout Europe. José M. Lineros, Vice President Engineering, shares why ASCOD is the platform of the future and what advantages this vehicle can offer.

The post ASCOD is the platform for the future, says GDELS VP Lineros appeared first on Army Technology.