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Raytheon Eyes Expansion & Job Creation in Albuquerque, New Mexico

TYSONS CORNER, VA, Aug. 15, 2017 — Raytheon (NYSE: RTN) aims to generate 60 new manufacturing jobs in New Mexico over the next six years with the expansion of its 103,000-square-foot facility at the Sandia Science and Technology Park in Albuquerque, ExecutiveBiz reported Monday. Albuquerque Business First reported Friday that the state …

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Former Deputy Defense Secretary Robert Work Joins Raytheon Board; Thomas Kennedy Comments

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 …

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Raytheon Continues BMD Support to MDA Under $66M SM-3 Block IIA Contract Modification

TYSONS CORNER, VA, Aug. 9, 2017 — A Raytheon (NYSE: RTN) business unit will continue its test and integration support for the Missile Defense Agency‘s ballistic missile defense system under a $66.4 million modification to the Standard Missile-3 Block IIA contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the award to Raytheon Missile …

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Raytheon Lands $228M Army Contract Modification for Thermal Viewers, Assemblies

Raytheon (NYSE: RTN) has secured a $227.5 million contract modification from the U.S. Army to provide horizontal technology integration; forward looking infrared and independent thermal viewers; and servo electronics unit assemblies. The Defense Department said Monday Raytheon will perform work through Sept. 25, 2018, and the Army will determine work locations …

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Kurt Amend Named Raytheon Arabia Business CEO

Kurt Amend, president of Raytheon‘s (NYSE: RTN) operations in Saudi Arabia, has been named CEO of the Raytheon Arabia business. The company said Sunday the nearly three-year public and private sector veteran will oversee the unit’s business strategy and execution of defense-related projects in the Middle Eastern country. Amend’s appointment comes …

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Raytheon Virtual SOC to Utilize Automated Cyber Incident Response Tool

TYSONS CORNER, VA, July 27, 2017 — Raytheon (NYSE: RTN) has partnered with CyberSponse to integrate the latter’s automated incident response and security orchestration technology into the defense company’s managed security services, ExecutiveBiz reported Wednesday. Raytheon said Tuesday its Virtual-Security Operations Center will utilize the CyberSponse platform in efforts to accelerate security operations and eliminate …

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USAF Awards Raytheon $75M Small Diameter Bomb Tech Support IDIQ

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential seven-year, $75 million contract to provide technical support services for a bomb technology designed to help fighter pilots destroy moving targets. Raytheon’s missile systems unit will perform lifecycle technical support under the engineering, manufacturing development, production and sustainment phases of …

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Lockheed-Raytheon JV to Supply Javelin Anti-Tank System Rounds, Support to Army

TYSONS CORNER, VA, July 11, 2017 — A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture will deliver containerized rounds, electronics and command launch units for the Javelin anti-tank missile system under a $56.8 million contract modification from the U.S. Army, ExecutiveBiz reported Monday. The Defense Department said Friday the award …

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Air Force Orders $78M in Raytheon IFF Transponders, Equipment

Raytheon (NYSE: RTN) has landed a potential $78 million contract to supply the U.S. Air Force with identification friend-or-foe transponders and ancillary equipment. The Air Force will obligate $1.4 million in fiscal 2017 procurement funds at the time of award, the Defense Department said Friday. DoD expects Raytheon to complete work …

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US, Poland Sign Memorandum for Potential Sale of Raytheon-Built Patriot System

TYSONS CORNER, VA, July 7, 2017 — The governments of Poland and the U.S. have inked a memorandum that would enable the former to procure Raytheon-built (NYSE: RTN) Patriot missile defense systems, ExecutiveBiz reported Thursday. Reuters reported Thursday Poland’s Defense Minister Antoni Macierewicz unveiled the agreement ahead of U.S. President Donald Trump’s visit …

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