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Search Results for: Raytheon

Raytheon Missile Systems Plant Earns DSS ‘Superior’ Security Score

TYSONS CORNER, VA, Dec. 8, 2017 — Raytheon (NYSE: RTN) has again secured a “superior” rating from the Defense Security Service for the security at a company missile systems production facility in Tucson, Arizona, after a week-long audit process, GovCon Executive reported Thursday. The company said Wednesday the Raytheon Missile Systems …

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Raytheon Vet David Ray to Join FLIR as Govt & Defense Business Unit President

David Ray, a 15-year Raytheon (NYSE: RTN) veteran, will join FLIR Systems (Nasdaq: FLIR) to serve as president of the government and defense business unit starting Jan. 8. He will directly report to Jim Cannon, president and CEO of FLIR, and oversee the business unit’s research and development ,strategy, marketing …

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Raytheon Lands $150M Contract to Help Install, Sustain Qatar’s Patriot Air Defense Systems

Raytheon (NYSE: RTN) has secured a potential five-year, $150.2 million foreign military sales contract from the U.S. Army to help the government of Qatar deploy, install and sustain the country’s Patriot air defense systems and related equipment. The Defense Department said Friday the company will also provide configuration management, planning, training, maintenance …

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Raytheon Unveils US-Romania Agreement on Potential Patriot Missile System Sale

TYSONS CORNER, VA, Dec. 1, 2017 — Raytheon (NYSE: RTN) is looking to supply the Patriot integrated air and missile defense system for Romania after the country submitted a letter of offer and acceptance for the platform to the U.S. Army, ExecutiveBiz reported Thursday. The company said Wednesday the agreement works …

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Report: Saudi Arabia to Buy $7B in Precision-Guided Munitions From Raytheon, Boeing

Saudi Arabia will purchase precision-guided munitions from Boeing (NYSE: BA) and Raytheon (NYSE: RTN) under an agreement worth approximately $7 billion, Reuters reported Thursday. Sources told Reuters the proposed deal was part of a potential $110 billion package of weapons sales agreements that President Donald Trump and Saudi King Salman …

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Raytheon to Provide Cybersecurity Support for MetTel Networks; John DeSimone Comments

TYSONS CORNER, VA, Nov. 21, 2017 — Raytheon (NYSE: RTN) has entered into a partnership with MetTel to provide cybersecurity technologies and services to government and commercial customers on MetTel-administered networks and operate a Managed Trusted Internet Protocol Service for federal agencies, ExecutiveBiz reported Friday. The telecommunications company said Thursday the global security alliance …

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State Dept OKs $170M Raytheon Air-to-Air Missile Sale to Norway

The State Department has approved Norway’s request to buy Raytheon-built (NYSE: RTN) AIM-120 C-7 Advanced Medium Range Air-to-Air Missiles under a potential $170 million foreign military sales agreement. Raytheon’s missile systems business unit will serve as prime contractor of the proposed sale that covers 60 AMRAAMs and associated equipment; publications and technical documentation; …

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Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

The United Arab Emirates will purchase laser guided bombs from Raytheon (NYSE: RTN) under a $684.4 million deal, Reuters reported Tuesday. The agreement announced at the Dubai Airshow Tuesday includes Raytheon-built GBU-10 and GBU-12 Paveway bomb kits. The deal came days after UAE awarded Lockheed Martin (NYSE: LMT) a potential …

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Raytheon to Help Update Saab Weapon Systems for US, Coalition Infantry

TYSONS CORNER, VA, Nov. 13, 2017 — Raytheon (NYSE: RTN) has entered into a partnership with Saab in efforts to update the latter’s weapon systems and develop new weapons for U.S. and coalition ground troops, ExecutiveBiz reported Friday. The team will work to modernize the Carl-Gustaf multi-role, shoulder-launched weapon and look into potential …

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Raytheon to Conduct Risk Mitigation Work on Australia’s Air Defense System

TYSONS CORNER, VA, Nov. 10, 2017 — Raytheon (NYSE: RTN) will support the first phase of an approximately $1.54 billion Australian government program that seeks to build on the country’s air defenses under an estimated $9.3 million contract awarded to the company’s local business unit, ExecutiveBiz reported Thursday. Australia’s defense …

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