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Home » RTX Cyber ​​and Intel businesses become Nightwing after sale
Business Strategy

RTX Cyber ​​and Intel businesses become Nightwing after sale

adminBy adminApril 1, 2024No Comments2 Mins Read10 Views
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The cybersecurity and intelligence division that RTX sold is now a company known as Nightwing.

The rumors of a separate company come months after RTX revealed the $1.3 billion deal in its quarterly financial filings. An RTX spokesperson told C4ISRNET on April 1 that the contract has been finalized and that Nightwing has “no relationship” with the defense contractor.

A spokeswoman did not reveal the name of the buyer. Reuters previously reported that private equity firm Blackstone.

Nightwing's leadership includes RTX alumni including John DeSimone, Steve Worley, Timothy Zentz, Jon Check, Lori Scherer, and Ron McDermott. The company claims to have been in business for 40 years.

“The name Nightwing may be new, but we are not amateurs,” the website says. “We were previously part of a large Fortune 100 company, but became independent in 2024.”

RTX is the second largest defense contractor in the world, ranked by defense revenue. The Virginia-based company generated $39.6 billion in defense revenue in 2022 and $41.9 billion in 2021, according to the Defense News Top 100 list.

Colin Demarest is a reporter for C4ISRNET, covering military networks, cyber, and IT. Colin previously covered the Department of Energy and its National Nuclear Security Administration, namely Cold War cleanup and nuclear weapons development, for a South Carolina daily newspaper. Colin is also an award-winning photographer.



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