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Search Results for: Raytheon

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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Raytheon Eyes Expansion & Job Creation in Albuquerque, New Mexico

TYSONS CORNER, VA, Aug. 15, 2017 — Raytheon (NYSE: RTN) aims to generate 60 new manufacturing jobs in New Mexico over the next six years with the expansion of its 103,000-square-foot facility at the Sandia Science and Technology Park in Albuquerque, ExecutiveBiz reported Monday. Albuquerque Business First reported Friday that the state …

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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 Continues BMD Support to MDA Under $66M SM-3 Block IIA Contract Modification

TYSONS CORNER, VA, Aug. 9, 2017 — A Raytheon (NYSE: RTN) business unit will continue its test and integration support for the Missile Defense Agency‘s ballistic missile defense system under a $66.4 million modification to the Standard Missile-3 Block IIA contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the award to Raytheon Missile …

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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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Raytheon Virtual SOC to Utilize Automated Cyber Incident Response Tool

TYSONS CORNER, VA, July 27, 2017 — Raytheon (NYSE: RTN) has partnered with CyberSponse to integrate the latter’s automated incident response and security orchestration technology into the defense company’s managed security services, ExecutiveBiz reported Wednesday. Raytheon said Tuesday its Virtual-Security Operations Center will utilize the CyberSponse platform in efforts to accelerate security operations and eliminate …

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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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Lockheed-Raytheon JV to Supply Javelin Anti-Tank System Rounds, Support to Army

TYSONS CORNER, VA, July 11, 2017 — A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture will deliver containerized rounds, electronics and command launch units for the Javelin anti-tank missile system under a $56.8 million contract modification from the U.S. Army, ExecutiveBiz reported Monday. The Defense Department said Friday the award …

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