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Raytheon to Supply AF Griffin Missiles Under $105M IDIQ Award

Raytheon (NYSE: RTN) has received a potential $104.9 million to produce, test and engineer Griffin missile systems for the U.S. Air Force. The Defense Department said Thursday Raytheon’s missile systems unit will supply all variants of the Griffin standoff precision guided munition technology under the indefinite-delivery/indefinite-quantity contract. Griffin functions as a ground- or an air-launched weapon …

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Lockheed-Raytheon JV Awarded $134M to Supply 3 FMS Clients With Javelin Equipment

A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has received a five-year, $133.9 million contract modification from the U.S. Army for the delivery of Javelin equipment and associated parts to three foreign military sales customers. The Defense Department said Tuesday Javelin Joint Venture will provide non-recurring engineering services …

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Former Deputy Defense Secretary Robert Work Joins Raytheon Board; Thomas Kennedy Comments

Robert Work, former deputy secretary at the Defense Department and a 27-year U.S. Marine Corps veteran, has been elected to the board of directors at Raytheon (NYSE: RTN). “Bob is well known in both the public and private sectors for his significant expertise in global security matters, most especially in the …

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Raytheon Lands $228M Army Contract Modification for Thermal Viewers, Assemblies

Raytheon (NYSE: RTN) has secured a $227.5 million contract modification from the U.S. Army to provide horizontal technology integration; forward looking infrared and independent thermal viewers; and servo electronics unit assemblies. The Defense Department said Monday Raytheon will perform work through Sept. 25, 2018, and the Army will determine work locations …

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Kurt Amend Named Raytheon Arabia Business CEO

Kurt Amend, president of Raytheon‘s (NYSE: RTN) operations in Saudi Arabia, has been named CEO of the Raytheon Arabia business. The company said Sunday the nearly three-year public and private sector veteran will oversee the unit’s business strategy and execution of defense-related projects in the Middle Eastern country. Amend’s appointment comes …

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USAF Awards Raytheon $75M Small Diameter Bomb Tech Support IDIQ

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential seven-year, $75 million contract to provide technical support services for a bomb technology designed to help fighter pilots destroy moving targets. Raytheon’s missile systems unit will perform lifecycle technical support under the engineering, manufacturing development, production and sustainment phases of …

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State Dept OKs $1.3B in Surveillance Radar Maintenance, Missile Purchase Requests from Taiwan

The State Department has approved Taiwan’s request to buy missiles, torpedoes and related components as well as operations and maintenance support for the East Asian state’s surveillance radar program under seven foreign military agreements worth approximately $1.36 billion combined. Taiwan requested to purchase follow-on sustainment services for the SRP that …

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Raytheon to Supply F/A-18 Configuration D Kits Under $91M Navy Contract

Raytheon (NYSE: RTN) has secured a $90.8 million contract to refurbish components on the U.S. Navy‘s fleet of F/A-18 Hornet multirole aircraft. The Defense Department said Tuesday that Raytheon will provide 206 retrofit components and four validation and verification kits for F/A-18 Configuration D as part of three engineering change proposals. Hornet fighter jets are …

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Raytheon Secures $1B Contract to Help Build DHS Cyber Protection System; Dave Wajsgras Comments

Raytheon (NYSE: RTN) has landed a five-year, $1 billion contract to help develop the Department of Homeland Security‘s next-generation National Cybersecurity Protection System. The company said Monday the Development, Operations and Maintenance contract covers intrusion detection and prevention, automation, analytics and information sharing. Dave Wajsgras, president of Raytheon’s intelligence, information and services business, said …

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Raytheon Gets Potential $653M Navy Contract for Fiscal 2017 SM-2 Missile, Spares Production

The U.S. Navy has awarded Raytheon‘s (NYSE: RTN) missile systems business a potential $652.8 million contract to fund the full-rate production of Standard Missile-2 systems and spare parts for the service branch and its allied foreign navies in fiscal 2017. The Defense Department said Friday the contract will run through March 2022 and …

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