Harry Targ
The Raytheon Technologies Corporation reported that “Raytheon Technologies is working with the University of Arizona, Texas A&M University, Purdue University, the U.S. Air Force Academy and other academic institutions on hypersonic research and testing, to include the use of wind tunnels to emulate flight conditions and accelerate development.”
Raytheon, one of the
five largest defense contractors in the world, sold more than $64 billion in
military hardware in 2021. Raytheon profits will be higher in 2022 because of
the war in Eastern Europe. Recently, Gregory Hayes, the CEO of Raytheon and a Purdue
University graduate who was given an honorary doctorate by Purdue’s Krannert
School of Management, predicted that the war in Ukraine will be good for his
company’s business.
[Source: twitter.com]
As researchers
William Hartung and Julia Gledhill put it: “The war in
Ukraine will indeed be a bonanza for the likes of Raytheon and Lockheed Martin.
First of all, there will be the contracts to resupply weapons like Raytheon’s
Stinger anti-aircraft missile and the Raytheon/Lockheed Martin–produced Javelin
anti-tank missile that Washington has already provided to Ukraine by the thousands. The bigger stream of profits,
however, will come from assured post-conflict increases in national-security
spending here and in Europe justified, at least in part, by the Russian
invasion and the disaster that’s followed.”
Another military
contractor with ties to Purdue University is the Rolls-Royce Corporation which,
according to “Purdue Partnerships at Purdue,” signed a research and development
program in 2016 “to create the next generation aircraft agreement with Purdue
University.” The partnership resulted in a $33 million jet-engine research and
development program to create next-generation aircraft propulsion systems.”
Unraveling an electronic engine controller for the Rolls-Royce AE 3007H jet engine during an announcement of a new engine controls facility in Discovery Park District are, from left, Brian Edelman, president of Purdue Research Foundation; Tom Bell, president of Defense and CEO of Rolls-Royce North America; Mitch Daniels, Purdue University president, and Candice Bineyard, director of defense programs for Rolls-Royce North America. [Source: purdue.edu]
In addition, on
April 20, 2022, the company announced a $204 million project to expand one
building and two test facilities in the Purdue Discovery Park. Shortly
thereafter the West Lafayette government granted the Rolls-Royce Corporation a
five-year tax abatement for the construction of facilities in Purdue’s
Discovery Park.
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[Source: purdue.edu]
