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Letitia Long Joins Raytheon’s Board of Directors; Thomas Kennedy Comments

Letitia Long, former director of the National Geospatial-Intelligence Agency, has joined the board of directors of Raytheon (NYSE: RTN). Long has held leadership roles within the Defense Department and the intelligence community for 32 years, Raytheon said Friday. She served as deputy director of the Defense Intelligence Agency and previously as deputy …

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Frank Jimenez Joins Raytheon as General Counsel; Thomas Kennedy Comments

Frank Jimenez, formerly a general counsel, secretary and managing director at agribusiness firm Bunge, has been named general counsel at Raytheon (NYSE: RTN). He assumed the role Monday and succeeds Jay Stephens, who will retire from the company on March 31 after a 12-year career there, Raytheon said Friday. “In …

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Randa Newsome to Succeed Keith Peden as Raytheon HR, Security VP; Thomas Kennedy Comments

Randa Newsome, formerly a vice president at Raytheon‘s (NYSE: RTN) integrated defense systems unit, will serve as the company’s VP of human resources and global security beginning on Jan. 1. The 13-year company veteran succeeds Keith Peden, who will retire from the company after a 21-year career, Raytheon announced Thursday. …

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Thomas Kennedy Named Raytheon Board Chairman; Adm. Vern Clark Comments

Thomas Kennedy, CEO of Raytheon (NYSE: RTN), has been elected to serve as chairman of the company’s board of directors beginning on Oct. 1. Kennedy will succeed William Swanson, who will retire from Raytheon on Sept. 30 after serving as chairman of the board since 2004, Raytheon said Monday. “On behalf …

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Thomas Kennedy Named Raytheon COO In Realignment; William Swanson Comments

Dr. Thomas Kennedy, a former Raytheon (NYSE: RTN) company vice president and president of the integrated defense systems business, has been promoted to executive vice president and chief operating officer. The company appointed Kennedy to the newly-created position as it is also realigning its business structure, expanding three business segments …

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Raytheon Picks Tom Kennedy to Lead IDS

Raytheon (NYSE: RTN) selected Thomas A. Kennedy to become president of Raytheon Integrated Defense Systems (IDS).  Kennedy replaces the retiring Daniel L. Smith. “Tom’s proven business leadership, customer focus and international expertise will benefit IDS and its expanding base of global customers as we continue to develop and advance Raytheon …

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POC Hosts 2019 Artificial Intelligence Forum Featuring BG Matthew Easley, Raytheon/UTC All-Stock Merger, CACI Battle of the Bands Winner & Weekly Top 10 Stories 

On Thursday, Executive Mosaic hosted the Potomac Officers Club’s 2019 Artificial Intelligence Forum. The forum featured a keynote address from BG Matthew Easley discussing the challenges of implementing AI for the U.S. Army, and a panel of GovCon leaders who elaborated on the impact AI continues to have on federal …

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Greg Hayes: UTC, Raytheon Want ‘Platform Agnostic’ Tech Portfolio for Future Combined Firm

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTC), has said that both UTC and Raytheon (NYSE: RTN) agreed on implementing a "platform agnostic" approach for technology offerings of the future merged company. The two contractors signed an all-stock deal that will create a systems provider across aerospace and defense segments.

 

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McAleese & Associates: Raytheon Reports 7% Growth in Q1 2019 Sales

A new McAleese and Associates report says Raytheon (NYSE: RTN) saw its sales climb 7 percent to $6.7B in the first quarter of 2019 with an earnings per share of $2.77. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the Waltham, Mass.-based defense …

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