Tag: joint venture

Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army

(Reuters) - A joint venture between Lockheed Martin and RTX's Raytheon was awarded a $1.3 billion follow-on contract by the U.S. army for...

Exclusive-Boeing, Lockheed Martin in talks to sell rocket-launch firm ULA to Sierra Space

By Joey Roulette and Mike StoneWASHINGTON (Reuters) -Boeing and Lockheed Martin are in talks to sell their rocket-launching joint venture United Launch Alliance...

Rivian founder tells investors why incoming shareholder Volkswagen needs his help to take on Tesla just as much as he needs the cash injection

Volkswagen’s planned $5 billion investment in Rivian is a lifeline for the troubled carmaker—but not necessarily the one you may think.The cash injection plugs a...

Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture

Rivian (RIVN) shares are surging in extended hours after the EV maker announced a joint venture deal with Volkswagen (VWAGY), crucially bringing fresh...