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Tag Archives: Raytheon

Susan Balaguer Joins Engility as SVP, Chief HR Officer; Lynn Dugle Comments

Susan Balaguer

Susan Balaguer, formerly senior vice president of human resources at CACI International (NYSE: CACI), has joined Chantilly, Virginia-based government services contractor Engility (NYSE: EGL) as SVP and chief human resources officer. She will report directly to Engility CEO Lynn Dugle and will bring more than 20 years of HR management experience to her new position, the company said Monday. …

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Raytheon to Update Air, Missile Defense Kits for Army Under $89M Deal

Raytheon logo

Raytheon (NYSE: RTN) has been awarded a potential four-year, $89.5 million contract from the U.S. Army to integrate, test and evaluate the military branch’s Integrated Air and Missile Defense system. The company will also help the Army update and install AIAMD Plug & Fight A-Kits under the cost-plus-fixed-fee contract, the Defense Department said Friday. The Army launched …

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April 29 Market Close: GovCon Index Free Fall Deepens to Post Weekly Decline, End Positive April

GovConIndexDOWN

The GovCon Index deepened its slide Friday with a loss of 0.481 points to 76.361 that puts the GCI at a weekly decline but a sharp gain for the month of April as earnings reports for large government contractors dominated trading activity Monday through Friday. April represents the Index’s third consecutive month …

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Weekly Roundup April 25 – April 29 2016: Investors Give Mixed Signals on Contractor Stocks & more

GovConIndex

April 25 – April 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson First quarter earnings season has given investors with keen interest in the aerospace, defense and government contracting sectors a smorgasboard of items to consider as they gauge the industry’s health. …

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Raytheon Awarded $90M Air Force Contract for Multi-Spectral Sensor Platform

Raytheon AN DAS-4

Raytheon has received a $90 million contract to produce a new multi-spectral targeting system variant for the U.S. Air Force. The AN/DAS-4 MTS sensor works to provide soldiers with intelligence data derived from aerial tactical sensors to help them detect and engage airborne targets, the company said Friday. AN/DAS-4 has …

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April 28 Market Close: GovCon Index Reverses Course, Plunges 1% on CACI Guidance Cut

GovConIndexDOWN

The GovCon Index had all of its Wednesday gains wiped out in Thursday trade with a sharp decline of 1.482 percent to 76.842 after a third-quarter revenue miss and guidance cut from government services contractor CACI International (NYSE: CACI). Arlington, Virginia-based CACI brought down the high ends of both its full-year …

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DARPA Names 8 Organizations for R&D on Ground X-Vehicle Technology

GXV-T

TYSONS CORNER, VA, April 28, 2016 — The Defense Advanced Research Projects Agency has picked Leidos (NYSE: LDOS), Raytheon (NYSE: RTN), Honeywell (NYSE: HON), SRI International, QinetiQ, Pratt & Miller, Carnegie Mellon University and Southwest Research Institute for its Ground X-Vehicle Technology program, ExecutiveBiz reported Wednesday. DARPA said Tuesday the selected companies will …

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Raytheon Posts 9% Sales Jump in 1Q on Missile Sales, Lifts Full-Year Earnings Outlook Despite 1Q Profit Decline

Raytheon logo

Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 — has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first quarter revenue increased 8.88 percent from the …

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Raytheon-Vista JV Forcepoint Appoints Matthew Moynahan as CEO

Matthew_Moynahan

Forcepoint, a cybersecurity product joint venture of Raytheon (NYSE: RTN) and Vista Equity Partners, has appointed Matthew Moynahan as CEO effective May 9. Forcepoint said Wednesday Moynahan will bring 20 years of experience in information technology, cloud services and security intelligence, as well as a background in sales and management. Moynahan will succeed …

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April 27 Market Close: GovCon Index Boosted By Defense Prime Gains After 1Q Earnings Reports

GovConIndexUP

The GovCon Index soared 1.396 percent to 77.998 Wednesday on a series of pre-market earnings reports from several large defense prime contractors as Boeing (NYSE: BA) overcame an early morning decline to close in positive. GovCon Wire posted a summary of all six GovCon Index-related earnings figures plus that of United Technologies Corp. (NYSE: UTX) …

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