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Tag Archives: Raytheon

USAF Awards Raytheon $75M Small Diameter Bomb Tech Support IDIQ

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential seven-year, $75 million contract to provide technical support services for a bomb technology designed to help fighter pilots destroy moving targets. Raytheon’s missile systems unit will perform lifecycle technical support under the engineering, manufacturing development, production and sustainment phases of …

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July 18th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to slid for the second consecutive day closing down 0.425 percent to 97.396. Decliners outpaced advancers 2 to 1. The major indices closed mixed with the S&P500 up and the NASDAQ Composite reaching new record highs while the DJIA closed down . The markets await …

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Executive Mosaic’s Weekly GovCon Round-up: Geospatial Intelligence, Noblis and More

Weekly Roundup July 10 – July 14 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, Noblis, Inc., a nonprofit provider of science, technology, and strategy services to government agencies, was awarded a $3 billion IDIQ contract from the National Oceanic and Atmospheric Administration …

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State Dept Clears Potential $4B Patriot Missile Sale to Romania

The State Department has approved Romania’s request to procure Patriot air defense systems, support and equipment under a potential $3.9 billion foreign military sales deal. Romania requested seven Patriot Configuration-3+ modernized fire units comprised of seven AN/MPQ-65 radar sets, seven AN/MSQ-132 engagement control stations, 13 antenna mast groups, 28 M903 launching stations, 56 …

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Lockheed-Raytheon JV to Supply Javelin Anti-Tank System Rounds, Support to Army

TYSONS CORNER, VA, July 11, 2017 — A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture will deliver containerized rounds, electronics and command launch units for the Javelin anti-tank missile system under a $56.8 million contract modification from the U.S. Army, ExecutiveBiz reported Monday. The Defense Department said Friday the award …

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Air Force Orders $78M in Raytheon IFF Transponders, Equipment

Raytheon (NYSE: RTN) has landed a potential $78 million contract to supply the U.S. Air Force with identification friend-or-foe transponders and ancillary equipment. The Air Force will obligate $1.4 million in fiscal 2017 procurement funds at the time of award, the Defense Department said Friday. DoD expects Raytheon to complete work …

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US, Poland Sign Memorandum for Potential Sale of Raytheon-Built Patriot System

TYSONS CORNER, VA, July 7, 2017 — The governments of Poland and the U.S. have inked a memorandum that would enable the former to procure Raytheon-built (NYSE: RTN) Patriot missile defense systems, ExecutiveBiz reported Thursday. Reuters reported Thursday Poland’s Defense Minister Antoni Macierewicz unveiled the agreement ahead of U.S. President Donald Trump’s visit …

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Lockheed to Develop Prototype Missiles Under $74M Army LRPF Phase 2 Contract

Lockheed Martin (NYSE: LMT) has secured a potential three-year, $73.8 million contract to begin work on the second phase of the U.S. Army’s Long Range Precision Fires missile program. The contract covers the technological maturation and risk reduction phase in which the company will design and fly prototype missiles in …

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July 5th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

Returning after the Independence Day Holiday the markets closed mixed. The Executive Mosaic GovCon Index (GCI) closed up for the third straight day to 96.213 a gain of 0.172 percent threatening to set a new high. Advancers outpaced decliners 2 to 1. The top five ‘Net Performers‘ were major platform companies that …

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Executive Mosaic’s Weekly GovCon Round-up: NDAA, DoD Purchasing Reform & More

Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee’s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for …

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