Raytheon Wins $85M For AF Griffin Missiles
Raytheon Co. (NYSE: RTN) has won an $85.5 million contract to provide the U.S. Air Force with short-range air-to-surface missiles, the Defense Department announced Friday. The company will deliver the first order of 22 Griffin all-up-rounds and 43 telemetry rounds on the firm-fixed-price award. Work will occur in Tucson, Ariz. and the Pentagon expects delivery to complete [...]
Raytheon Wins $57M For Anti-Ship Missile Defense Systems; Rick Nelson Comments
Raytheon Co. (NYSE: RTN) has won a $57,859,585 U.S. Navy contract modification to provide the branch with two anti-ship missile defense systems and upgrades to nine other ship defense systems. The company announced Thursday that it will also deliver 20 kits for upgrading radars. Phalanx and SeaRAM close-in weapons systems use scalable technology, said Rick [...]
Raytheon Wins $314M For SM-6 Missile Production
Raytheon Co.‘s (NYSE: RTN) missile systems unit has won a $313,843,757 sole-source contract to manufacture missiles for the U.S. Navy, the Defense Department announced Thursday. The firm-fixed-price, fixed-price incentive contract is for low-rate initial production of fiscal 2012 Standard Missile-6 Block I all-up rounds. In addition, the company will manufacture SM-6 Block I special tooling and test [...]
Raytheon Wins $106M for Aegis Radar Equipment; Denis Donohue Comments
Raytheon Co. (NYSE: RTN) has won a $106.4 million contract modification to produce radar equipment for the U.S. Navy’s Aegis system, the company announced Tuesday. The company will provide the branch with the AN/SPY-1(D)V radar transmitter and the MK99 Mod 14 fire control system. Denis Donohue, director of above water sensors, said the company has [...]
Raytheon Wins $75M for Army ‘Friend or Foe’ System Parts
Raytheon Co. (NYSE: RTN) has won a $75 million U.S. Army contract to provide the branch with components and engineering services for an air defense system. The Defense Department said the parts and services are for the Army’s AN/TPX-57 Identification Friend or Foe Systems Air Defense Interrogators. The company’s network centric systems business will perform [...]
Raytheon Wins $67M Patriot Spares Foreign Sale
Raytheon Co. (NYSE: RTN) has won a $67,529,500 U.S. Army contract to provide missile system spares for a foreign military sale, the Defense Department announced Monday. The United Arab Emirates will receive the Patriot missile system parts by Sept. 30, 2012, according to Pentagon estimates. The company’s integrated defense systems unit will perform work on [...]
Raytheon Wins $497M Air Force Missile Systems Contract
Raytheon Co. (NYSE: RTN) has won a $497,131,017 U.S. Air Force contract for missiles and components, the Defense Department announced Friday. The Waltham, Mass.-based contractor will deliver guidance sections, instrumentation units, test equipment and hardware. The award also includes contractor logistics services to support the missile systems. Work under the firm-fixed-price contract will occur in [...]
Raytheon Wins $97M Foreign Tactical Missile Sale
Raytheon Co. (NYSE: RTN) won a $97,144,974 U.S. Navy contract to produce tactical missiles for international customers, the Defense Department announced Friday. The company will produce 139 AIM-9X Block II all-up-round tactical missiles for South Korea and Saudi Arabia through the foreign military sales program. For $85,338,195, Saudi Arabia purchased 120 Block II tactical missiles, 120 [...]
Raytheon Wins More SM-3 Work, Contract Value Now $809M
Raytheon Co. (NYSE: RTN) has won a $120 million contract modification to continue design and engineering work for the U.S. Missile Defense Agency, the Defense Department announced Wednesday. The MDA increased the contract’s total value from $688,966,325 to $808,966,325 for work on the ship-based Standard Missile 3. The Waltham, Mass.-based missile maker won an estimated [...]
Raytheon Raises Annual Dividend by 16%
Raytheon Co. (NYSE: RTN) announced Wednesday that its board of directors voted to increase the company’s annual dividend. The Waltham, Mass.-based company said it raised the annual cash pay out 16 percent from $1.72 to $2.00 per share. William H. Swanson, Raytheon chairman and CEO said the move marks the eighth consecutive year the company [...]
