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SMC waited to implement the OCX hardware fix until Raytheon showed improved performance in delivering OCX.
On 2020-03-26, the OCX program office instructed Raytheon to replace the system's IBM computers with Hewlett Packard Enterprise (HPE) hardware.
Raytheon delivered the OCX Block 0 ground system and is working to deliver OCX Block 1 in 2021.
On 2020-01-28, Raytheon won a $197,000,000 U.S. Air Force contract to design a ground system to collect and process data from missile warning satellites.
Raytheon is in the process of merging with United Technologies Corp., and the combined company will be named Raytheon Technologies Corporation once the merger is approved.
BAE Systems intends to buy Raytheon’s Airborne Tactical Radios division for $275,000,000.
Finalists for Deal of the Year included SpaceX raising $1,000,000,000+, NASA’s Commercial Lunar Payload Services awards, OneWeb raising $1,000,000,000+, HawkEye 360’s $70,000,000 Series B, Virgin Galactic’s IPO, Relativity’s $140,000,000 round, the Raytheon-United Technologies merger, and the L3-Harris Corp. merger.
The Missile Defense Agency awarded Northrop Grumman, Raytheon, Leidos, and L3Harris each a $20,000,000 contract to design space sensors that can track hypersonic and ballistic missiles on 2019-10-29.
Lockheed Martin completed an Operational Control Segment software update in May and is preparing that system for installation to fly GPS-3 satellites until Raytheon’s OCX Block 1 is ready in 2021.
The Raytheon-supplied OCX Block 0 ground control system will guide the second GPS-3 satellite through checkout and calibration.
Raytheon and United Technologies agreed to an all-stock merger of equals to create a company called Raytheon Technologies.
The merged company Raytheon Technologies is estimated to have $74,000,000,000 in annual sales.
Raytheon’s contract with the Air Force requires delivery of a complete OCX system by June 2021.
GAO believes an independent assessment of the OCX schedule should be performed by the end of 2019, coinciding with Raytheon’s planned full implementation of a new agile software development methodology.
Raytheon delivered OCX Block 0 in September 2017 and that delivery enabled the launch and initial testing of the first GPS III satellite launched in December 2018.
Raytheon rejects the Government Accountability Office's analysis of the OCX program and maintains it will deliver the full system by the June 2021 contractual deadline.
Under the latest agreement with the Air Force, Raytheon must deliver a complete OCX system by June 2021.
The 2020 budget request includes $198,000,000 for the Family of Advanced Beyond Line of Sight Terminals made by Raytheon.
Wallis Laughrey, vice president of space systems at Raytheon, stated that a Space Force could better align contractors with Department of Defense (DoD) space needs.
Maxar invested most of $150,000,000 spent in 2018 into its WorldView Legion satellites, which are being built in-house at SSL with imaging payloads provided by Raytheon.