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Raytheon Gets $92M Navy Contract Option for Rolling Airframe Missile Block 2 Components

Raytheon (NYSE: RTN) secured a $91.9M contract option to provide round packs and spare parts for the Rolling Airframe Missile‘s Block 2 variant to the U.S. Navy. The company served as co-developer of a guided missile weapon system through an international cooperative program that aims to defend naval platforms against …

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Raytheon IIS, GDIT to Manage Missile Test Launch Ops at Army’s Reagan Test Site; Todd Probert Quoted

TYSONS CORNER, VA, March 5, 2019 — A joint venture between General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN) will work to maintain systems and manage activities at a U.S. Army missile test range in the Pacific Ocean as part of a previously awarded $502M contract, ExecutiveBiz reported Feb. 25. …

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Raytheon Gets $102M Army & FMS Contract for Patriot Missile Tech Modification Kits, Spares

Raytheon (NYSE: RTN) has received a $102.5M contract to provide Patriot missile component modification kits and initial spares for the U.S. Army and the Netherlands. The company will produce spares and kits for the system’s digital sidelobe canceller and peripheral electronics assembly box under the fixed-price-incentive contract, the Department of Defense said …

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Raytheon Holds STEM-Focused Challenge at University of Arizona

TYSONS CORNER, VA, February 22, 2019 — Raytheon (NYSE: RTN) continues its efforts to foster interest in science, technology, engineering and math among students through a recent challenge hosted by the University of Arizona, ExecutiveBiz reported Thursday. The company said employees who are participants in the Raytheon Engineering Leadership Development Program served …

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Raytheon to Update Navy Aircraft Sensors Under Potential $88M IDIQ

Raytheon (NYSE: RTN) has received a potential five-year, $88.4M contract to update the sensors of the U.S. Navy’s F/A-18 fighter jets and EA-18G electronic attack planes. The company will incorporate tactical features into the aircraft sensor system and investigate hardware and software anomalies under the cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract, the Department of …

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Raytheon to Support Army Multimode Airborne Radios Under $406M Contract

Raytheon (NYSE: RTN) has secured a four-year, $406.3M contract to provide hardware components and support services for a radio system used to facilitate communications on U.S. Army aviation platforms. Work covers repair, logistical, engineering and technical support for the Army’s AN/ARC-231 Multiple-Mode Aviation Radio Suite, the Department of Defense said Thursday. The …

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McAleese & Associates: Raytheon Recorded $42.4B in 2018 Total Backlog

A new report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) saw its 2018 bookings jump 16 percent to $32.2B, which resulted in a book-to-bill ratio of 1.2. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that Raytheon posted a total backlog of …

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Raytheon Eyes Hypersonic Defense Capability Expansion Under Missile Systems Unit

TYSONS CORNER, VA, February 5, 2019 — Raytheon (NYSE: RTN) is exploring opportunities to expand its hypersonic defense portfolio within its missile systems business through the development of new sensor and vehicle systems, ExecutiveBiz reported Monday. USNI News reported Friday CEO Tom Kennedy indicated during a recent earnings call that the …

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Raytheon to Help Northrop Secure, Sustain USAF Global Hawk Fleet; Todd Probert Quoted

TYSONS CORNER, VA, January 31, 2018 — A Raytheon (NYSE: RTN) business unit will support Northrop Grumman (NYSE: NOC) under a $65M subcontract to sustain an unmanned aircraft system that the latter built for the U.S. Air Force, ExecutiveBiz reported Jan. 24. As a subcontractor, Raytheon’s intelligence, information and services business will …

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Raytheon Lands Potential $99M Navy Contract for Dual-Band Radar Engineering Services

Raytheon‘s (NYSE: RTN) integrated defense systems business has received a potential $98.8M contract to help the U.S. Navy engineer a radar system designed to operate over two frequency ranges simultaneously. Services will encompass system updates, engineering change proposals, product support, test, installation and integration, program management, analyses and studies for the …

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