Raytheon (NYSE: RTN) has appointed Wesley Kremer, head of the firm’s integrated defense systems, as president of missile systems business, and Ralph Acaba, a 33-year company veteran, as president of IDS in a move that will take effect on March 30. “Wes and Ralph each bring extensive technical and operational …

Raytheon (NYSE: RTN) has secured a $225 million contract to provide an additional Patriot missile defense system to an international customer through a direct commercial sale. The client is a member of a 13-nation group that invests in the Patriot weapon system and awarded the contract more than a month after Poland ordered the same technology from …

Raytheon (NYSE: RTN) will continue to update the Patriot Air and Missile Defense System under a $212 million shared engineering services agreement between the U.S. and 12 partner nations awarded via the U.S. Army. The company said Thursday the Army Aviation and Missile Command awarded the contract for systems analysis, software development, testing and …

Raytheon Co. (NYSE: RTN) has received approval from the U.S. government to export a Gallium Nitride-based sensor to countries that use the Patriot air and missile defense system. Ralph Acaba, vice president of integrated air and missile defense at Raytheon’s integrated defense systems business, said Thursday the GaN-based Patriot radar is …

Raytheon (NYSE: RTN) has been awarded a $109 million contract for engineering and support work on the Patriot air and missile defense systems. The company said Wednesday it will provide Patriot system analysis, testing, software development and logistics services to the U.S. Army and foreign military sale customers. “Customers around the world …

Raytheon (NYSE: RTN) will produce radar digital processor kits for Patriot Air and Missile Defense Systems operated by the U.S. and two partner countries under a $235.5 million contract. The company said Wednesday that the full-rate production contract is intended to reduce the number of battery replaceable units from 759 …

Raytheon Co. (NYSE: RTN) will take in $655 million via a foreign military sale agreement to produce new units of its Patriot air and missile defense system for the government of Kuwait, which is currently using the Patriot system as part of its missile defense capabilities. The contract is for the Massachusetts-based …

Raytheon (NYSE: RTN) has won $71.7 million in contracts to add a radar digital processor and man station into the U.S. Army‘s Patriot Air and Missile Defense System. The company will use a software update released in June for the work and aims to help warfighters gain situational awareness in …