RTX Cyber and Intel Business Becomes Nightwing

Washington: The cybersecurity and intelligence division RTX sold has now become a business known as Nightwing. Word of the standalone company comes months after RTX disclosed a $1.3 billion arrangement in quarterly financial documents.

An RTX spokesperson on April 1 said the deal had gone through and that Nightwing was “not connected” to the defence contractor. The spokesperson did not name the buyer. It was  previously reported as private equity firm Blackstone.

ads

Nightwing’s leadership features RTX alumni, including John DeSimone, Steve Worley, Timothy Zentz, Jon Check, Lori Scherer and Ron McDermott. The company bills itself as “40 years in the making.”

“Nightwing may be a new name, but we’re no amateurs,” its website reads. “Previously part of a leading Fortune 100 company, we became independent in 2024.”

RTX is the second-largest defence contractor in the world when ranked by defence-related revenue. The Virginia-based company earned $39.6 billion in defence revenue in 2022 and $41.9 billion in 2021, according to the Defence News Top 100 list.

More like this

Israel Delivers BARAK MX Air-Defence System to Slovakia

Tel Aviv: Under the Euro 560 million agreement signed...

Persian Gulf: China’s PLAN Conducts Several Deployments to Safeguard Oil Imports and Intelligence Gathering

Tel Aviv: China’s Liberation Army Navy (PLAN) has conducted...

Airbus Delivers First A321XLR for Air Canada

Hamburg, Germany. The first of 30 Airbus A321XLRs for Canada’s flag...

SkyDrive and NEXCO West Sign Partnership Agreement on Advanced Air Mobility

Toyota, Japan. SkyDrive Inc., a leading eVTOL aircraft manufacturer based...

Elbit Systems Receives Multi-year Orders Exceeding $200 Million for Aerial Munitions from IMOD

Tel Aviv: As part of bolstering readiness for near-term...

India Should Act Proactively in Space Sector: CDS Gen Chauhan

Amid rising geopolitical tensions and the increasing centrality of...

Unimech Aerospace to Acquire Majority Stake in Hobel Bellows for ₹450 Crore

Unimech Aerospace and Manufacturing Ltd is set to acquire...
Indian Navy Special Edition 2025spot_img