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Raytheon to Build Qatar’s Early Warning Radar System Under $1.1B USAF Foreign Sales Deal

Raytheon (NYSE: RTN) has received a potential $1.07 billion contract to build an early warning radar system for integration into Qatar’s air and missile defense enterprise. The Air Force Life Cycle Management Center in Massachusetts awarded the sole-source contract to Raytheon as part of a foreign military sales deal between the U.S. …

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NGA Picks Raytheon, CTC, HRL, Soar for GEOINT Analysis R&D Program

TYSONS CORNER, VA, Feb. 17, 2017 — Raytheon (NYSE: RTN), Concurrent Technologies Corp., HRL Laboratories and Soar Technology will help the National Geospatial-Intelligence Agency research and develop automation and artificial intelligence technologies in a move to advance GEOINT analysis, ExecutiveBiz reported Thursday. NGA said Wednesday it awarded $2 million in contracts to the …

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Raytheon Gets Potential $128M IDIQ to Support Air Force Mobile Sensors

Raytheon (NYSE: RTN) has received a potential $128.5 million indefinite-delivery/indefinite-quantity contract to help the U.S. Air Force operate and maintain the service branch’s mobile sensors. The Defense Department said Tuesday Raytheon will provide non-personal services to sustain the availability of the Cobra King and Gray Star radar facilities where the Air Force gathers …

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Raytheon, Utilidata Partner to Develop Electrical Grid Cybersecurity Platforms; Dave Wajsgras Comments

TYSONS CORNER, VA, Feb. 13, 2017 — Raytheon (NYSE: RTN) and Utilidata have entered into a strategic alliance in an effort to develop electrical grid platforms that work to identify, protect against and respond to cyber threats, ExecutiveBiz reported Thursday. The collaboration looks to incorporate Utilidata’s cyber attack detection and response experience with Raytheon’s cyber threat …

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Raytheon, Air Force Update AMRAAM Signal Processor in Push to Extend Missile Production

TYSONS CORNER, VA, Feb. 2, 2017 — Raytheon (NYSE: RTN) will work with the U.S. Air Force to build an updated signal processor for the Advanced Medium Range Air-to-Air Missile in effort to extend the weapon’s production beyond 2020, ExecutiveBiz reported Wednesday. The company said Tuesday the update is part of the Air Force’s Form …

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State Dept Clears $140M in Raytheon Missile Purchase Requests from South Korea

The State Department has given South Korea the green light to procure Raytheon-built AGM-65G-2 Maverick and AIM-9X-2 Sidewinder missiles under two foreign military sales agreements worth approximately $140 million combined. South Korea requested to purchase 89 Maverick missiles, containers and related support under a potential $70 million FMS contract, the Defense Security Cooperation Agency said …

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Raytheon Gets Air Force Contract Modification for Lot 3 Small Diameter Bomb II Production

TYSONS CORNER, VA, Jan. 31, 2017 — Raytheon‘s (NYSE: RTN) missile systems business has secured a $62.5 million contract modification from the U.S. Air Force to manufacture 312 lot 3 Small Diameter Bomb II munitions and 413 single weapon containers, ExecutiveBiz reported Monday. The Defense Department said Friday the company will also provide 24 SDB …

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January 26 Market Close: GovCon Index Dragged by McKesson, Raytheon & Northrop in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Thursday with declines by large caps McKesson Corp. (NYSE: MCK), Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) the main contributors in a mixed trading session for U.S. stocks. GovCon Index decliners slightly edged gainers as seven of its 11 S&P 500 components advanced with co-listed L3 Technologies (NYSE: LLL) …

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Raytheon Gets $56M Navy Delivery Order to Repair F/A-18 Targeting Pods

Raytheon (NYSE: RTN) has secured a $56.4 million firm-fixed price delivery order from the U.S. Navy under an existing basic ordering agreement to repair multi-sensor, electro-optical targeting pods that the service branch uses on the F/A-18 aircraft. The Defense Department said Wednesday the company will perform repair work on the Advanced Targeting Forward …

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Raytheon, Leonardo Drop Out of T-X Trainer Program Partnership

Raytheon (NYSE: RTN) and Leonardo have decided to end their partnership to compete for the U.S. Air Force’s T-X trainer aircraft program after the companies failed to “reach a business agreement, ” Defense News reported Wednesday. Aaron Mehta and Valerie Insinna write Leonardo said in a statement published Wednesday the firm has started to …

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