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State Dept Clears $140M Raytheon Air-to-Air Missile Sales Deal for Canada

The State Department has approved a potential $140 million foreign military sale of  Raytheon-built (NYSE: RTN) AIM-120D Advanced Medium Range Air-to-Air Missiles to Canada. The proposed FMS transaction covers 32 AMRAAMs and associated equipment; storage and preservation; transportation; aircrew and maintenance training; and other logistics and program support services, the Defense Security Cooperation …

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Raytheon to Continue MDA Radar Tech R&D Support Under $371M Follow-On IDIQ

Raytheon‘s (NYSE: RTN) integrated defense systems business has secured a potential $371.2 million follow-on contract from the Missile Defense Agency to provide research and development support for two kinds of ballistic missile defense radar technology. The Defense Department said Wednesday the contractor will perform engineering, product improvement and cybersecurity support on the Army …

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Raytheon-Backed Survey Shows Stagnant Cyber Interest Among Millennials; Dave Wajsgras Comments

TYSONS CORNER, VA, Nov. 1, 2017 — A survey commissioned by Raytheon (NYSE: RTN) in partnership with Forcepoint and the National Cyber Security Alliance has found that the level of interest in cybersecurity careers among millennials remains stagnant at approximately 38 percent, ExecutiveBiz reported Oct. 25. The finding comes even as the …

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Raytheon Gets $1.5B MDA Follow-On IDIQ to Continue Support for Ballistic Missile Radar Platforms

Raytheon (NYSE: RTN) has received a potential $1.5 billion indefinite-delivery/indefinite-quantity contract to help the Missile Defense Agency operate and maintain two kinds of ballistic missile radar technology. The Defense Department said Friday Raytheon’s integrated defense systems unit will continue to provide logistics support, transition and transfer, depot transition and sustaining engineering services for …

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L3 Unit to Provide Laser Rangefinders for Raytheon’s Multi-Spectral Targeting System

TYSONS CORNER, VA, Oct. 25, 2017 — An L3 Technologies (NYSE: LLL) business unit will supply laser rangefinders for the Raytheon-built (NYSE: RTN) Multi-Spectral Targeting System aboard U.S. Navy aircraft under a potential $5.1 million contract, ExecutiveBiz reported Tuesday. L3 Advanced Laser Systems Technology will both provide and repair the rangefinders that are designed …

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Raytheon’s New Engineering Facility in NM to Support Telemetry Systems Manufacturing

TYSONS CORNER, VA, Oct. 18, 2017 — Raytheon (NYSE: RTN) has unveiled a new facility in Albuquerque, New Mexico, that will serve to provide engineering support for range monitoring and telemetry systems production, ExecutiveBiz reported Tuesday. The company said Monday the engineering hub at the Sandia Science and Technology Park aims to …

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Raytheon’s Joint Standoff Weapon C-1 Variant Deployed to Navy After FOC Designation

TYSONS CORNER, VA, Oct. 16, 2017 — Raytheon (NYSE: RTN) latest Joint Standoff Weapon system variant has reached full operational capability under the U.S. Navy in support of its deployment to the fleet, ExecutiveBiz reported Friday. The Navy said Wednesday the network-enabled JSOW C-1 air-to-ground weapon, which has already been fielded to all …

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Raytheon Picked as Payload Provider for WorldView Legion Satellite Constellation

TYSONS CORNER, VA, Oct. 12, 2017 — Raytheon (NYSE: RTN) will supply electronics, detectors and telescopes that will work to increase the capacity and mission life of DigitalGlobe‘s future WorldView Legion satellite constellation, ExecutiveBiz reported Wednesday. Raytheon said Tuesday it will deliver the payloads to WorldView Legion space vehicle integrator Space Systems Loral in …

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Raytheon Works on Missiles, Cyber, Other Tech for Warfighter Readiness

TYSONS CORNER, VA, Oct. 10, 2017 — Raytheon (NYSE: RTN) is looking into new and updated technologies that will work to advance the readiness of the U.S. Army for future battlefield operations, ExecutiveBiz reported Monday. The company said its technology development efforts in support of warfighter readiness are focused on the …

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Todd Ernst to Succeed Michael Cody as Raytheon Corporate Devt VP

Todd Ernst, vice president of investor relations at Raytheon (NYSE: RTN), has been promoted to VP of corporate development in a move that takes effect Nov. 6. He will oversee Raytheon’s mergers-and-acquisitions program in addition to his current responsibilities and succeed Michael Cody, who will retire as corporate development lead …

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