Raytheon Lands $200M Int’l Laser-Guided Bomb Contract; Richard Daniel Comments

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Raytheon‘s (NYSE: RTN) U.K. subsidiary will deliver $200 million worth of Paveway IV bombs to an unidentified international customer, the first sale of the weapon outside Britain. “This contract is an export boost to the U.K.,” Richard Daniel, Raytheon UK CEO, said Friday. The precision-guided Paveway bombs use laser and GPS for air-to-ground warfare and have been deployed for the...

KippsDeSanto: Aerospace, Defense M&A Deals Eye Power Distribution Sector

kipps
KippsDeSanto believes UEC Electronics’ acquisition of defense and security products provider Arotech shows that aerospace and defense companies are looking to power distribution and management technologies for mergers-and-acquisition deals. The deal also demonstrates an attraction towards budgeted and long-term programs that support industry and military initiatives, the investment bank said Thursday. Companies...

Raytheon, Air Force Researchers to Build Space Imaging Sensor

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Raytheon (NYSE: RTN) will work with researchers at the Air Force Research Laboratory to develop a sensor space instrument in order to understand hypertemportal imaging under a five-year, $33.7 million contract, Avionics Intelligence reported Sunday. John Keller writes the Air Force Hypertemporal Imaging Space Experiment program’s goal is to collect data from target signatures in different...

Jose Ruiz, Raytheon Vet, Joins Aerojet Rocketdyne as CIO

AeroJet RocketDyne
Jose Ruiz Jr., formerly a vice president and chief information officer at Raytheon Intelligence and Information Systems (NYSE: RTN), has joined Aerojet Rocketdyne as VP and CIO for the GenCorp subsidiary. He previously was responsible for the Raytheon IIS business’ work to consolidate data centers and develop relationships with agencies in the intelligence and civilian sectors, Aerojet Rocketdyne announced...

Andrew Sullivan, Marty Fischer Take Director Roles at Intelligent Decisions; Rhett Butler Comments

Intelligent Decisions
Andrew Sullivan and Marty Fischer have joined Intelligent Decisions in director roles as the company aims to bring new technologies to the government market. Sullivan will lead sales to the Defense Department and Fischer will serve as director of federal enterprise solutions, IDIndefinite Delivery/ Indirect Rate/ Identification said Tuesday. Rhett Butler, vice president of sales, said Sullivan and...

Raytheon to Build Naval Aircraft Circuit Card Assemblies for US, Australia and Canada

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Raytheon (NYSE: RTN) will build aircraft circuit card assemblies for the U.S. Navy and two other countries under a potential $8,970,000 contract. The Defense Logistics Agency awarded the firm-fixed-price contract to Raytheon’s space and airborne systems unit on a sole source basis, the Defense Department said Friday. Australia and Canada are also acquiring the assemblies through the five-year...

MDA Increases Raytheon SM-3 Order by $350M

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Raytheon (NYSE: RTN) has been awarded a $350 million contract to increase production of missiles for the Missile Defense Agency. MDA raised its Standard Missile-3 Block IB missiles order from eight to 44 units, Raytheon said Thursday. The company will develop the missiles at its Tucson, Ariz.- and Huntsville, Ala.-based facilities through September 2016. SM-3 weapons work to destroy ballistic missile...

Raytheon to Update NOAA Satellite Ground System for $185M; Lynn Dugle Comments

Lynn Dugle
Lynn Dugle Raytheon (NYSE: RTN) has been awarded a $185 million contract modification to update a common ground system for three National Oceanic and Atmospheric Administration environmental satellites. The company will refresh ground station technology for the Joint Polar Satellite System, which works to gather weather and storm data from polar-orbiting spacecraft, Raytheon said Friday. “Our...

Boeing, Navy Ink New $2B Poseidon Deal

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Boeing (NYSE: BA) and the U.S. Navy have signed a $2.4 billion contract for the company to build 16 additional P-8A Poseidon planes, bringing the branch’s total fleet to 53 and moving the P-8A program from preliminary low-rate production to full production. The maritime patrol plane is based on the 737-800 commercial aircraft and is built to carry out submarine warfare, surface security and...

Rick Nelson: South Korea Opts for Raytheon Naval Self-Defense System

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Raytheon (NYSE: RTN) has struck a $123 million direct commercial sale contract with South Korea to provide nine close-in weapon systems for that nation’s warship fleet. The company will supply and install its Phalanx radar and gun platform aboard the South Korean navy’s FFX-class frigates and AOE-class combat support vessels, Raytheon said Monday. The maritime self-defense systems are scheduled...

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