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Tag Archives: Raytheon

Weekly Roundup June 20 – June 24 2016: Brexit Vote Fallout Reaches Defense Stocks & more

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June 20 – June 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   Thursday’s highly-anticipated and historic “Brexit” vote in the U.K. led investors all over the world and so many other interested stakeholders to speculate over the implications of Britain’s potential …

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Raytheon to Update Kuwait’s Patriot System Fire Units Under $523M FMS Contract

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Raytheon (NYSE: RTN) has acquired a $523 million foreign military sales contract from the U.S. Army to modernize six Patriot air and missile defense fire units for Kuwait. Services will be conducted in sites across Alabama, Massachusetts and California as well as in Norway, Italy, Greece, Canada and the U.K., the Defense Department said …

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June 23 Market Close: GCI Up, CACI Guidance Miss & Downgrade Weigh as Markets Bet Against Brexit

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The GovCon Index lifted Thursday on U.S. investor speculation that Britain would vote in its referendum to remain in the European Union but felt some downward pressure from a guidance miss by CACI International (NYSE: CACI) and a subsequent downgrade on the stock. Executive Mosaic‘s GovCon Index of 30 publicly traded contractors rose 0.365 points …

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Raytheon to Hold Open House for Approx. 150 Cyber-Related Positions in Florida

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TYSONS CORNER, VA, June 21, 2016 — Raytheon (NYSE: RTN) will hold an open house in Pensacola, Florida, as it seeks to fill in approximately 150 positions to support work under its $1 billion cyber support contract with the Department of Homeland Security, ExecutiveBiz reported Monday. The Pulse reported Friday available …

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Raytheon-GDIT JV Manages Satellite Launch With New GPS Payload; Dave Wajsgras Comments

Dave Wajsgras

TYSONS CORNER, VA, June 20, 2016 — The Eutelsat 117 West B geostationary satellite, which was equipped with Raytheon‘s (NYSE: RTN) GEO 5 payload built for the Federal Aviation Administration‘s Wide Area Augmentation System, has been sent to space aboard a SpaceX Falcon 9 rocket, ExecutiveBiz reported Thursday. Raytheon said Wednesday the WAAS GEO …

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Weekly Roundup June 13 – June 17 2016: ManTech’s Cyber Buy, CACI’s Satcom Win & more

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June 13 – June 17 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   We shift our focus this week back to GovCon’s merger-and-acquisition environment with one new deal to digest and a second that has brought the purchaser a new landmark contract …

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June 14 Market Close: GCI Barely Nudges Up as Britain EU Vote, Central Banks Mute Markets

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The GovCon Index rallied late Tuesday afternoon and ended at a narrow gain of 0.033 points to 78.945 as global investors held back over the U.K.’s potential European Union exit and also started to watch world central bank meetings. CACI International (NYSE: CACI) rose after the Air Force announced the services provider as the …

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Raytheon’s Dave Wajsgras: Early Exposure to Drive Cyber Workforce Dev’t

Dave Wajsgras

TYSONS CORNER, VA, June 13, 2016 — Dave Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, believes early exposure to the potential of cybersecurity and technology careers will help build on the future cyber workforce, ExecutiveBiz reported Thursday. Wajsgras wrote in a guest piece published Wednesday on …

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June 13 Morning Report: GCI Posts 4th Straight Weekly Gain on Strong Defense Contractor Stocks

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The GovCon Index closed Friday with a decline of 0.551 points to 79.942 but ended with its fourth consecutive weekly gain with a 1.20-percent increase. Upgrades to prime defense contractor stocks including L-3 Communications (NYSE: LLL) and strong performances from Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) helped drive the Index’s …

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June 10 Market Close: GovCon Index Down, Notches 4th Straight Weekly Gain Ahead of Fed’s Midweek Summit

GovConIndexDOWN

The GovCon Index stumbled from the open Friday and closed down 0.551 points to 79.942 as investors continued to pull back from the GCI’s six-day prior rally and U.S. stock benchmark S&P 500’s three-day stretch of gains that ended Thursday. Despite Friday’s decline, the GCI ends the week up 1.20 percent …

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