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Search Results for: Raytheon

Raytheon to Help NGA Build Automation, AI, Analytic Tools; Dave Wajsgras Quoted

Raytheon (NYSE: RTN) has booked a pair of contracts worth up to $600M combined to develop artificial intelligence, data automation and analytic technologies for the National Geospatial Intelligence Agency. The company said Wednesday it will lead efforts to manage elevation content and precise imagery through the NGA’s Janus initiative. Dave Wajsgras, president …

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Raytheon Lands $191M Army Contract for Counter-UAS Radars

Raytheon (NYSE: RTN) has won a potential $191M contract to deliver Ku-band radio frequency radars to the U.S. Army for use against unmanned aerial vehicles. The company said Thursday its KuRFS electronically scanned array system is geared to provide military users with fire control and detection of enemy missiles, artillery …

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McAleese & Associates: Raytheon Reports 25% Rise in Q3 2018 Bookings

A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector’s $1.3B Patriot missile defense system order from Poland and $787M …

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Raytheon Picks Cybraics & Authentic8 Tech in Push for Critical Infrastructure Cybersecurity; John DeSimone Quoted

TYSONS CORNER, VA, October 24, 2018 — Raytheon (NYSE: RTN) has established partnerships with Cybraics and Authentic8 in an effort to advance artificial intelligence, analytics and isolated browser technology to bolster the cybersecurity of financial, health, electoral and other critical infrastructure systems, ExecutiveBiz reported Oct. 3. Raytheon Intelligence, Information and Services …

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Raytheon to Deliver Cybersecurity Support for MENA Gov’t Customer; Dave Wajsgras Quoted

TYSONS CORNER, VA, October 15, 2018 — Raytheon (NYSE: RTN) will provide cybersecurity services — including training, operations, sustainment and knowledge transfer — in support of a government customer in the Middle East and North Africa region as part of a multiyear contract, ExecutiveBiz reported Sept. 24. Dave Wajsgras, president …

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Army Taps Raytheon-Saab Team to Demo Guided Munition Platform

TYSONS CORNER, VA, October 9, 2018 — A team comprised of Raytheon (NYSE: RTN) and Saab will demonstrate a new guided munition platform for the man-portable, shoulder-launched Carl-Gustaf weapon system under a contract awarded by the U.S. Army, ExecutiveBiz reported Monday. Raytheon said Friday the team is planning to conduct test firings against …

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Raytheon’s Dave Wajsgras: Smallsat Investment Focused on ‘Solutions’ Amid Changing Customer Needs

TYSONS CORNER, VA, October 3, 2018 — Dave Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said the company focuses on the “solutions” side of its investment efforts amid the defense sector’s increasing interest in small satellites, ExecutiveBiz reported Sept. 17. The Washington Post reported Sept. …

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Raytheon Updates Air Force AOC Weapon System Software via Agile Method; Todd Probert Quoted

TYSONS CORNER, VA, October 1, 2018 — Raytheon (NYSE: RTN) has implemented an agile development approach to update the baseline software of the Air and Space Operations Center Weapon System used by the U.S. Air Force, ExecutiveBiz reported Sept. 19. FlightGlobal reported Sept. 19 that the agile method has worked …

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Raytheon Gets $396M Navy Modification to Procure Standard Missile-6 Production Materials

Raytheon‘s (NYSE: RTN) missiles systems business has received a $395.5M contract modification to procure materials and spares needed for fiscal 2017 through 2018 production of the Standard Missile-6. The award holds options that may raise the previously awarded contract’s maximum potential value to $579.7M, the Defense Department said Friday. The …

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Raytheon Gets $482M Contract to Update Close-in Weapon Systems for US, Foreign Clients

Raytheon (NYSE: RTN) has received a potential six-year, $482.3M contract to update MK 15 Close-in Weapon Systems for the U.S. Navy and the U.S. Army as well as the governments of Taiwan, Saudi Arabia, Japan, New Zealand and Australia. The company will also overhaul systems and provide hardware for the CIWS platform …

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