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Tag Archives: Raytheon

October 16th Market Close: GovConIndex Closes Down While Major Indices Set New Highs

The Executive Mosaic GovCon Index (GCI) closed down 0.195 percent to settle at 109.179 as declining shares outpaced advancing almost 3 to 1. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.18 percent to 2,557.64, while the DJIA was approaching the 23,000 mark settled at 22,956.96 …

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Raytheon’s Joint Standoff Weapon C-1 Variant Deployed to Navy After FOC Designation

TYSONS CORNER, VA, Oct. 16, 2017 — Raytheon (NYSE: RTN) latest Joint Standoff Weapon system variant has reached full operational capability under the U.S. Navy in support of its deployment to the fleet, ExecutiveBiz reported Friday. The Navy said Wednesday the network-enabled JSOW C-1 air-to-ground weapon, which has already been fielded to all …

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October 12th Market Close: GovConIndex Closes Up Reverse to the Major Indices Closing Down

The Executive Mosaic GovCon Index (GCI) moved upward to close at 109.761, up 0.376 percent with advancing shares outpacing declining 21 to 8. The three major indices all closed negative with the S&P500 down 0.17 percent to 2,550.93, while the DJIA closed at 22,841.01 off 0.14 percent, and the NASDAQ Composite declined 0.18 …

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Raytheon Picked as Payload Provider for WorldView Legion Satellite Constellation

TYSONS CORNER, VA, Oct. 12, 2017 — Raytheon (NYSE: RTN) will supply electronics, detectors and telescopes that will work to increase the capacity and mission life of DigitalGlobe‘s future WorldView Legion satellite constellation, ExecutiveBiz reported Wednesday. Raytheon said Tuesday it will deliver the payloads to WorldView Legion space vehicle integrator Space Systems Loral in …

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Jean Milbrandt Succeeds Mark Kontos as Mitre CFO

Jean Milbrandt, formerly director of business operations at Mitre, has been promoted to vice president and chief financial officer of the nonprofit corporation. Mitre said Tuesday Milbrandt succeeds the retiring Mark Kontos and aims to help maintain the company’s position as manager of federally funded research and development centers. “Jean blends a long background …

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Raytheon Works on Missiles, Cyber, Other Tech for Warfighter Readiness

TYSONS CORNER, VA, Oct. 10, 2017 — Raytheon (NYSE: RTN) is looking into new and updated technologies that will work to advance the readiness of the U.S. Army for future battlefield operations, ExecutiveBiz reported Monday. The company said its technology development efforts in support of warfighter readiness are focused on the …

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Launch of 1st Joint Polar Satellite System Set for Nov. 10

TYSONS CORNER, VA, Oct. 10, 2017 — NASA and the National Oceanic and Atmospheric Administration have scheduled the launch of the first Joint Polar Satellite System on Nov. 10 to begin its mission to support weather forecasting operations, ExecutiveBiz reported Monday. The space agency said Saturday JPSS-1, which is equipped with instruments …

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State Dept Clears $15B Sale of THAAD Missile Defense Systems, Equipment to Saudi Arabia

The State Department has approved a potential $15 billion foreign military sale of anti-ballistic missile defense systems, related equipment and support services to Saudi Arabia. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will serve as principal contractors on the sale, the Defense Security Cooperation Agency said Friday. The transaction covers the delivery …

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October 9th Morning Report: GovCon Index and Indices End First Week of October Positive

As we ended the first week in October the Executive Mosaic GovCon Index (GCI) continued for its sixth consecutive day of gains, to close up 0.032 percent for the day and up 0.67 percent from the monthly open. The markets closed mixed with the S&P500 down 0.11 percent to 2,549.33, while the DJIA also moved down …

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October 6th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued for its sixth consecutive day of gains, to close up 0.032 percent to 109.193 with advancing and declining shares pretty well split even. The markets showed marginal movement closing mixed, with the S&P500 closing down 0.11 percent to 2,549.33, while the DJIA also moved down closing …

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