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Tag Archives: Raytheon

May 21 Market Close: GovCon Index Dips, US Stocks Rise on Uneven Economic Reports

GovConIndexDOWN

The GovCon Index closed with an even mix of gainers and laggers for Thursday’s trading session to record a loss of 0.149 points and close at 75.394. Major U.S. stock indices closed up Thursday after positive earnings reports from Salesforce and Best Buy and gains in energy shares offset economic reports ...

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State Dept Clears $2B in Saudi MH-60R Helicopter, Turkey Phalanx Gun System Sales

Helicopter Radar

The State Department has approved approximately $2.2 billion in requests from Saudi Arabia and Turkey to purchase military equipment from the U.S. under foreign military sales agreements. Saudi Arabia has asked the U.S. for $1.9 billion in MH-60R multimission helicopters, equipment and logistics services in a transaction that sees Sikorsky Aircraft and Lockheed Martin ...

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Raytheon Completes Milestone C for Small Diameter Bomb II

Raytheon logo

TYSONS CORNER, VA May 20, 2015 — ExecutiveBiz reported Tuesday on Raytheon (NYSE: RTN) completing Milestone C of the U.S. Air Force’s multimode seeker Small Diameter Bomb II after completing functional configuration, system verification and production readiness checks. Raytheon said Monday the $700 million SDB II program would soon be cleared for ...

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State Dept OKs $2B Bomb Guidance Kit Sale to Israel

State Department

The State Department has cleared a potential $1.879 billion foreign military sale of Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and related equipment, parts and logistics services to Israel. Israel ordered 14,500 KMU-556C/B JDAM kits with GBU-39, BLU-113 and Mk-80 series bombs, Hellfire and Advanced Medium Range Air-to-Air ...

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David Wajsgras: Raytheon Opens Coast Watch Center in the Philippines

David Wajsgras

TYSONS CORNER, VA May 19, 2015 — Raytheon (NYSE: RTN) has opened a National Coast Watch Center in the Philippines in collaboration with the U.S. Defense Threat Reduction Agency, ExecutiveBiz reported Monday. The NCWC uses a system integrated with Raytheon’s border security technology designed to detect and deter maritime threats near ...

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Raytheon Delivers GPS III Control Hardware

Raytheon logo

TYSONS CORNER, VA May 18, 2015 — Executive Mosaic — Raytheon (NYSE: RTN) has delivered the hardware for the GPS OCX controls to Schriver Air Force Base in Colorado, ExecutiveBiz reported Friday. GPS OCX functions as GPS III‘s satellite constellation monitor during missions, with upgrades that include precision adjustments and ...

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

data center

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The ...

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Army Taps 19 Companies for $634M R&D Contract

research-and-development-RD

The U.S. Army has awarded 19 companies spots on an eight-year, $634 million contract to provide research and development services for the creation of new products and processes. The Defense Department said Thursday the Army received 22 bids for the contract and will determine funding and work location with each order. Companies to compete for ...

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Raytheon Picks L-3 SatCom Terminals for Australian Order

partnership

TYSONS CORNER, VA May 14, 2015 — Executive Mosaic — ExecutiveBiz reported Wednesday on Raytheon (NYSE: RTN) picking L-3 Communications (NYSE: LLL) to supply its WGS-compatible satellite communications terminals, support equipment and related training for the Australian Defense Force. L-3 said Tuesday the contract is a follow-on from an original ...

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State Dept Clears $345M Norway Sidewinder Missile Sale

F16Fleet

The State Department has approved Norway’s request to purchase $345 million in AIM 9X Block II Sidewinder missiles and related components from the U.S. through a foreign military sales transaction. The Defense Security Cooperation Agency said Wednesday Norway plans to use the missiles to modernize its armed forces, build up its mutual defense ...

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