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 …

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 …

James Winnefeld Jr., a retired U.S. Navy admiral and former vice chairman of the Joint Chiefs of Staff, has been elected to Raytheon‘s (NYSE: RTN) board of directors. The 37-year Navy veteran previously led the North American Aerospace Defense Command and the U.S. Northern Command, Raytheon said Wednesday. “Sandy brings significant expertise …

Wesley D. Kremer, formerly vice president of the air and missile defense systems portfolio at Raytheon (NYSE: RTN) Missile Systems, has been appointed to succeed Daniel J. Crowley as president of the firm’s integrated defense systems business. The company said Thursday Crowley will focus on the completion of an assignment …

Raytheon (NYSE: RTN) has closed its transaction with Vista Equity Partners to establish a data security firm comprising of Raytheon’s cyber product line and Vista’s security technology business Websense. The Austin, Texas-based venture, led by John McCormack, will operate as Raytheon|Websense and plans to launch a new brand identity once …

Raytheon (NYSE: RTN) and Vista Equity Partners have agreed to integrate Raytheon’s cyber products division and Vista’s portfolio company Websense into a new, single cybersecurity technology firm through a transaction the companies expect to finish in the second quarter of 2015. Raytheon said Monday it will also acquire Websense for …

Letitia Long, former director of the National Geospatial-Intelligence Agency, has joined the board of directors of Raytheon (NYSE: RTN). Long has held leadership roles within the Defense Department and the intelligence community for 32 years, Raytheon said Friday. She served as deputy director of the Defense Intelligence Agency and previously as deputy …

Frank Jimenez, formerly a general counsel, secretary and managing director at agribusiness firm Bunge, has been named general counsel at Raytheon (NYSE: RTN). He assumed the role Monday and succeeds Jay Stephens, who will retire from the company on March 31 after a 12-year career there, Raytheon said Friday. “In …

Randa Newsome, formerly a vice president at Raytheon‘s (NYSE: RTN) integrated defense systems unit, will serve as the company’s VP of human resources and global security beginning on Jan. 1. The 13-year company veteran succeeds Keith Peden, who will retire from the company after a 21-year career, Raytheon announced Thursday. …

Thomas Kennedy, CEO of Raytheon (NYSE: RTN), has been elected to serve as chairman of the company’s board of directors beginning on Oct. 1. Kennedy will succeed William Swanson, who will retire from Raytheon on Sept. 30 after serving as chairman of the board since 2004, Raytheon said Monday. “On behalf …