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Search Results for: Raytheon

Lockheed-Raytheon JV Gets $95M Javelin Weapon FMS Contract Modification

A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) partnership will supply Javelin weapon equipment to six foreign military sales clients under a $94.9 million contract modification from the U.S. Army. The Javelin Joint Venture will deliver rounds, command launch units and battery coolant unit spares for the anti-armor missile system, the Defense …

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Raytheon’s Michael Daly Urges Cooperation, National Doctrine to Build Election Cybersecurity

TYSONS CORNER, VA, Feb. 20, 2018 — Raytheon (NYSE: RTN) executive Michael Daly has said collaboration between state government, election and cybersecurity officials will help build on the security of U.S. voting systems in preparation for the upcoming midterm elections, ExecutiveBiz reported Friday. He said in a company feature published …

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Raytheon Lands Work for Navy F/A-18, EA-18G Sensor Software, Hardware

TYSONS CORNER, VA, Feb. 15, 2018 — Raytheon (NYSE: RTN) will build additional software and hardware for the sensor systems on the U.S. Navy‘s F/A-18E/F and EA-18G aircraft under an $8.8 million contract modification, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the Naval Air Warfare Center Weapons Division in China Lake, California, serves as the contracting …

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Raytheon Lands Navy Order for Weapon Systems Tech Insertion, Integration

TYSONS CORNER, VA, Feb. 8, 2018 — Raytheon (NYSE: RTN) will perform technology insertion and integration in support of U.S. Navy weapons systems as part of a $44.6 million delivery order from the service branch, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the contract covers research and development, design, studies and technology …

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Raytheon Gets $235M Army Task Order to Modernize Patriot Air & Missile Defense System

Raytheon (NYSE: RTN) has received a $235 million initial task order from the U.S. Army to modernize the Phased Array Tracking Radar Intercept on Target system. The award represents the first of five annual orders the Army would issue annually as part of a potential five-year, $2.3 billion Patriot system-of-systems engineering support …

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Air Force Exercises $105M Contract Option for Raytheon Griffin Missiles

Raytheon‘s (NYSE: RTN) missile systems business has received a $105.2 million contract modification to produce, test and engineer all variants of the Griffin missile for the U.S. Air Force. The Defense Department said Wednesday the modification exercises an option under a previously awarded indefinite-delivery/indefinite quantity contract and brings the contract’s total cumulative value to $210 million. …

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Raytheon Lands $2.3B Army Contract for Patriot System-of-Systems Engineering Services

Raytheon (NYSE: RTN) has received a potential five-year, $2.30 billion contract from the U.S. Army to provide system-of-systems engineering support for Phased Array Tracking Radar Intercept on Target weapons. The Defense Department said Tuesday Raytheon will support Patriot-related software and refresh systems deployed outside the continental U.S. and partner countries. Patriot is a missile defense system composed of …

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Raytheon to Update, Support Canada’s Radar-Guided Naval Weapon Systems Under Potential $572M Contract

Raytheon (NYSE: RTN) has received a potential 20-year, $572.3 million contract to modernize and support the Canadian armed forces’ radar-guided weapon systems designed to engage aircraft, missiles and small ship threats. The Canadian government said Friday work will include updates to 21 Close-In Weapon Systems that currently support the Canadian navy’s …

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Thomas Kennedy: Raytheon Eyes Larger Share of $8B Over-the-Horizon Missile Market

Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), has said he expects the company to gain a controlling share of a potential $8 billion market for surface-to-surface missiles over a decade, Defense News reported Tuesday. Kennedy said Thursday at the company’s earnings call that the proposed Naval Strike Missile …

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Raytheon Awarded $95M Army Excalibur Projectile Engineering Contract

The U.S. Army has awarded Raytheon (NYSE: RTN) a potential five-year, $95 million contract to provide engineering services the military branch’s extended-range guided artillery rounds. Raytheon’s missile systems business will engineer 155mm Excalibur projectiles under the  cost-plus-fixed-fee, firm-fixed-price contract, the Defense Department said Monday. Work will occur through Jan. 25, 2023 and the Army Contracting Command will determine …

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