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Tag Archives: Raytheon

February 8 Morning Report: GovCon Index Returns to Correction; Jobs Report Boosts US Dollar

GovConIndexDOWN

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the …

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February 5 Market Close: GovCon Index Tumbles 1%, S&P Down 2% on Tech Losses & Jobs Data

GovConIndexDOWN

The GovCon Index tumbled back into a correction Friday at a decline of 1.349 percent to 70.204 as U.S. investors reacted to the latest jobs report with a view toward whether the Federal Reserve would raise interest rates again this year. For the week, the Index posted a decline of …

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Raytheon Awarded $135M to Update FAA Air Traffic Control Systems at 22 Airports

airport tower

Raytheon (NYSE: RTN) has received a $135 million contract modification from the Federal Aviation Administration to complete the company’s work on updates to traffic control systems across 22 airports in the U.S. as part of the agency’s NextGen modernization program. The company will implement the Standard Terminal Automation System at …

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Karl Jensen Joins CH2M as SVP, Federal Portfolio Lead

CH2M

Karl Jensen, formerly senior vice president of business development at CACI International (NYSE: CACI), has joined Colorado-based engineering firm CH2M as SVP and federal portfolio lead. In this capacity, Jensen oversees the development and delivery of engineering services and platforms to government agencies. At CACI, he was responsible for the …

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February 3 Market Close: GovCon Index Holds in Correction Despite Gain, US Stocks Turn Around AM Decline

GovConIndexUP

The GovCon Index turned around steep losses from morning trade Wednesday to end at a gain of 0.425 points to 70.769, a close that keeps the Index in a correction, or 10 percent off its most recent high. U.S. stocks rode a late increase in oil prices and gains by …

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Air Force Awards 15 Spots on $975M National Security, Logistics Support IDIQ

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The U.S. Air Force has awarded 15 companies positions on a potential nine-year, $975 million contract to provide logistics support and help U.S. and partner agencies carry out national security missions. The service branch received 16 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract, the Defense Department said Monday. The contractors will compete for task …

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Raytheon Demos Exoatmospheric Kill Vehicle’s Redesigned Thrusters as Part of MDA Test

Raytheon logo

TYSONS CORNER, VA, February 1, 2016 — Raytheon (NYSE: RTN) has worked with the Missile Defense Agency to perform an in-flight test on the Exoatmospheric Kill Vehicle, ExecutiveBiz reported Friday. The company said Thursday the activity works to gather data to validate the EKV’s redesigned thrusters as part of MDA’s test on …

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Raytheon Lands $213M Army Patriot Engineering Contract Modification

PatriotMissile

Raytheon (NYSE: RTN) has received a $212.7 million contract modification to provide engineering services for the U.S. Army’s Patriot program. The company will also provide Patriot support to foreign military sales clients such as Germany, Greece, Israel, Japan, Kuwait, Qatar, Saudi Arabia, Spain, South Korea, Taiwan, the Netherlands and the United …

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February 1 Morning Report: GovCon Index Recovers From Correction

GovConIndexUP

The GovCon Index closed Friday with a 2.643-percent gain to 71.807 to surge out of correction territory. The gain comes amid a recovery in technology stocks and investor optimism on a slowdown of future interest rate increases by the Federal Reserve.   Top GovCon Index Gainers Symbol Company $ Current Price …

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January 29 Market Close: GovCon Index Surges Out of Correction to End Volatile January

GovConIndexUP

The GovCon Index surged out of correction territory Friday with a gain of 2.643 percent to 71.807 which mirrored investor optimism that the Federal Reserve may slow down future interest rate hikes and a bounce-back from technology stocks. The Index ends the week at a 2.81-percent /loss and the first …

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