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Raytheon Gets $110M Navy Contract Modification for Air, Missile Defense S-Band Radar, Controller Production

Raytheon (NYSE: RTN) has received a potential one-year, $110.1 million contract modification to begin fiscal 2017 low-rate initial production of S-band radars and radar suite controllers for the U.S. Navy. The modification seeks to exercise an option in a contract awarded in 2013 in support of the service branch’s Air and …

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Raytheon to Repair Navy F/A-18 Radar Warning Receivers Under Potential $128M Contract

Raytheon (NYSE: RTN) has received a potential five-year, $128.2 million contract to help the U.S. Navy repair AN/ALR-67(V)3 radar warning receivers on the military branch’s fleet of F/A-18 Super Hornet aircraft. The Defense Department said Friday that Raytheon will support repair work on 10 AN/ALR-67(V)3 weapon replaceable assemblies as well as manage technical and …

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Raytheon to Support DARPA’s Power Grid Cybersecurity Tech R&D Program

TYSONS CORNER, VA, Dec. 6, 2016 — The Defense Advanced Research Projects Agency has awarded Raytheon (NYSE: RTN) multiple contracts worth a total of $9 million to research and develop cybersecurity tools for the U.S. power grid system, ExecutiveBiz reported Monday. Raytheon said Monday it will develop early warning, adversary spoofing detection …

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Lockheed, Raytheon CEOs Highlight Intl Sales Environment Amid Oil Price Headwinds & Incoming Trump Administration

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defense. Both CEOs told …

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Raytheon Lands $225M Patriot Missile Defense Contract; Ralph Acaba Comments

Raytheon (NYSE: RTN) has secured a $225 million contract to provide an additional Patriot missile defense system to an international customer through a direct commercial sale. The client is a member of a 13-nation group that invests in the Patriot weapon system and awarded the contract more than a month after Poland ordered the same technology from …

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Raytheon, U-Mass Receive Funds to Develop Flexible Manufacturing Process

TYSONS CORNER, VA, Nov. 28, 2016 — Raytheon‘s (NYSE: RTN) Integrated Defense Systems subsidiary and the University of Massachusetts’ Lowell Nanomanufacturing Center have received a $1.9 million NextFlex grant to support the development of flexible electronic manufacturing, ExecutiveBiz reported Wednesday. The Lowell Sun reported Tuesday that the Raytheon\U-Mass developed process …

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Raytheon Plans to Expand Southern Arizona Missile Systems Business

TYSONS CORNER, VA, Nov. 22, 2016 — Raytheon (NYSE: RTN) plans to expand its missile systems operations and add close to 2, 000 jobs at the business headquarters in Tucson, Arizona, over a five-year period, ExecutiveBiz reported Monday. The company said Friday its job creation, facilities expansion and operational output are …

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State Dept OKs $10B Sale of Boeing Super Hornet, Northrop, Raytheon & GE Components to Kuwait

The State Department has given Kuwait the go-ahead to procure Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft and related components and support from the U.S. government under a potential $10.1 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric will act as principal contractors for the sale that covers …

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SES, Raytheon Vet Kevin Benedict Joins DataPath as US Govt Sales SVP

Kevin Benedict, former vice president of business development at SES Government Solutions, has joined Atlanta-based remote field communications and information technology provider DataPath as senior VP of U.S. government sales. DataPath said Tuesday Benedict will oversee efforts to expand the company’s work with U.S. defense, intelligence and civilian agencies customers and takes his new role …

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Air Force Exercises $76M Contract Option for Raytheon Aerial Decoy Jammers

Raytheon (NYSE: RTN) has received a $76.1 million contract option to continue the production of Miniature Air Launched Decoy Jammer flight vehicles and support equipment for the U.S. Air Force. The Defense Department said Thursday the exercised option covers lot 10 of MALD-J vehicles and Raytheon’s missile systems business will perform work in Tucson, Arizona through …

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