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Tag Archives: Raytheon

September 20th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to post gains for the fourth consecutive day, reaching another new YTD record high. The CGI closed at 105.45 up 0.552 percent with advancing shares outpacing declining 3 to 1. Markets showed little change on the day as the Fed delivered their message to shrink the …

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Raytheon, Northrop Vet Ellen Minderman Joins Research Innovations as C4I VP

Ellen Minderman, formerly director of enterprise solutions at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has joined Research Innovations Inc. as vice president of command, control, communications, computers and intelligence. RII said Tuesday Minderman will oversee the company’s C41 business unit that covers joint command-and-control and targeting, mobile and …

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Raytheon Wins $269M NOAA Recompete for Weather Forecasting System Support

The National Oceanic and Atmospheric Administration has awarded Raytheon (NYSE: RTN) a potential 10-year, $269 million contract to help NOAA’s National Weather Service operate and maintain a system designed to generate weather forecasts and warnings. Raytheon said Friday it will continue to manage and update hardware, software, architecture and communications tools for …

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Army Orders $127M in Raytheon-Made Excalibur Projectiles

Raytheon‘s (NYSE: RTN) missile systems business has secured a $127.1 million contract modification to provide 155mm Excalibur projectiles to the U.S. Army. The Defense Department said Friday Raytheon will perform contract work through April 30, 2019 in Arizona, California, Iowa, Missouri, Ohio, Pennsylvania, Utah, Sweden and the U.K. The Army Contracting Command is the contracting activity and …

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September 14th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ …

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State Dept OKs Potential $5.23B Boeing Super Hornet Aircraft Sale to Canada

The State Department has approved Canada’s request to buy Boeing-built (NYSE: BA) F/A-18 Super Hornet aircraft and related equipment and services from the U.S. government under a potential $5.23 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric (NYSE: GE) will serve as principal contractors …

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State Dept OKs $3.95B in F-16V Aircraft, Patrol Boats, TOW Missile Requests From Bahrain

The State Department has cleared Bahrain’s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined. Bahrain requested to purchase 19 F-16V fighter planes, jet engines, M61 Vulcan …

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General Atomics Expands Industry Team to Address Australian RPA Requirement

TYSONS CORNER, VA, Sept. 8, 2017 — A General Atomics business unit has added five more industry partners to support work on an Australian government project that aims to develop a medium-altitude, long-endurance remotely piloted aircraft, ExecutiveBiz reported Thursday. The company said Wednesday the new members of the General Atomics Aeronautical Systems-led Team Reaper …

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Executive Mosaic’s Weekly GovCon Round-up: Public-to-Private Sector Executive Moves of the Summer

Weekly Roundup September 4 – September 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As the summer comes to a close, let’s take a quick look at the public-to-private sector executive moves over the past few months. A number of high …

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Christopher Davis Named Raytheon International President; John Harris Comments

Christopher Davis, formerly country leader and president of Raytheon’s (NYSE: RTN) business arm in the United Arab Emirates, has been named president of the Waltham, Massachusetts-based defense contractor’s international business organization. Davis succeeds Thomas Vecchiolla, who retired after a 15-year tenure with the firm, and will directly report to John …

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