Kevin Ramundo: Raytheon Works Toward ‘Strong Foundation’ for GPS OCX

Kevin Ramundo
Kevin Ramundo

TYSONS CORNER, VA, October 20,  2015 — Raytheon (NYSE: RTN) has made some changes to its development work on the U.S. Air Force GPS Next Generation Operational Control System program following recommendations from an independent review, ExecutiveBiz reported Monday.

Kevin Ramundo, vice president of communications at Raytheon Intelligence, Information and Services, told Bloomberg in an email that “nearly all… corrective actions” to address the project’s challenges have been realized.

“Despite past challenges, [the program] …is on a strong foundation, ” Ramundo said.

According to Bloomberg, the Defense Department will perform another assessment by yearend to determine the contractor’s progress.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
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