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Search Results for: Raytheon

State Dept OKs $270M in Raytheon-Built Sidewinder Missile Sale to UAE

The State Department has given the United Arab Emirates the green light to buy Raytheon-built (NYSE: RTN) AIM-9X-2 Sidewinder Block II missiles, related components and services from the U.S. government under a potential $270.4 million foreign military sales agreement. Raytheon’s missile systems business will be the prime contractor in the proposed sale that seeks to …

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Army Taps Raytheon, Palantir for Potential $876M Ground Intell System Support Contract

Raytheon (NYSE: RTN) and Palantir Technologies have won spots on a potential 10-year, $876 million contract to help the U.S. Army address technology requirements for the service branch’s Distributed Common Ground System. The Defense Department said Thursday the DCGS-Army Capability Drop 1 program requires an integrated hardware and software platform designed to support training, security, usability, …

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Raytheon Lands $73M Award to Update FAA Air Traffic Control Automation System

Raytheon (NYSE: RTN) has received a $73 million contract modification from the Federal Aviation Administration to update a computer system that works to help air traffic controllers manage airspace. The company said Tuesday it will conduct the first technical refresh of FAA’s Standard Terminal Automation Replacement System in an effort to facilitate …

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OSD Awards Air Force Sustainment Team for Work on Raytheon-Led Radar Support Contract

TYSONS CORNER, VA, March 6, 2018 — The Office of the Secretary of Defense has awarded a U.S. Air Force unit at Peterson Air Force Base for its work on a Raytheon-led (NYSE: RTN) contract for Cobra Dane radar system maintenance, repair and sustainment, ExecutiveBiz reported Monday. The Air Force Material Command …

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Raytheon Gets $77M Air Force Contract Option to Produce Lot 4 SDB II Munitions, Equipment

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $77.3 million contract option for the low-rate initial production of lot 4 Small Diameter Bomb II munitions. Raytheon’s missile systems business will manufacture 570 SDB II units along with 524 single and dual weapon containers under the exercised option, the Defense Department said Tuesday. The sole-source award …

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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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