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Bloomberg: DHS Upholds $1B Cyber Contract Award to Raytheon

A spokesman for the Department of Homeland Security said DHS upheld its decision on June 2 to award a potential $1 billion cyber system support contract to Raytheon (NYSE: RTN) following protests by other contract competitors, Bloomberg reported Tuesday. Jack Harrington, vice president for cybersecurity and special missions at Raytheon’s intelligence, information …

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Raytheon Wins $250M Marine Corps Ground Equipment Logistics Contract

Raytheon (NYSE: RTN) has won a potential five-year, $249.99 million contract to provide logistics integration services for the U.S. Marine Corps‘ ground equipment. The Marine Corps Logistics Command will use the logistics support to overhaul, repair and evaluate ground equipment secondary reparable items, the Defense Department said Tuesday. The contract has …

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Raytheon Awarded $423M Navy Contract for Aegis Radar Transmitters, Fire Control Equipment Production

The U.S. Navy has awarded Raytheon (NYSE: RTN) a potential six-year, $423 million contract to produce Aegis missile guidance system components and provide engineering support for the service branch and the governments of Japan and South Korea. The Naval Sea Systems Command will obligate $365.8 million from the military branch’s fiscal …

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Raytheon Delivers Pulse Power Containers for Navy’s Future Railgun

TYSONS CORNER, VA, May 24, 2016 — Raytheon (NYSE: RTN) has delivered the first railgun pulse power containers to the U.S. Navy after the team concluded validation tests on the future directed energy weapon’s power requirements, ExecutiveBiz reported Monday. The company said Monday the Navy will then work to install the containers at the railgun test …

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Raytheon Partners With American University’s Cyber Governance Center; Dave Wajsgras Comments

TYSONS CORNER, VA, May 23, 2016 — Raytheon (NYSE: RTN) and American University’s Kogod Cybersecurity Governance Center have teamed up to promote cybersecurity governance through research and education programs, ExecutiveBiz reported Thursday. The company said Thursday it helped fund KCGC and will collaborate with the university to develop new governance strategies. “Teaming with academia …

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Raytheon, US News Report Shortage in Local STEM Talent; Dave Wajsgras Comments

TYSONS CORNER, VA, May 20, 2016 — Raytheon (NYSE: RTN) and U.S. News & World Report released the findings of a joint study that points to a shortage in homegrown science, technology, engineering and math talent in the U.S., ExecutiveBiz reported Tuesday. The 2016 U.S. News/Raytheon STEM Index report indicates that while the …

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Raytheon’s New Richardson Facility to House Unmanned Systems Data Processing; Dave Wajsgras Comments

TYSONS CORNER, VA, May 12, 2016 — Raytheon (NYSE: RTN) plans to move its data processing operations for unmanned airborne and space-based systems to a newly opened Texas facility in Richardson, ExecutiveBiz reported Tuesday. WBAP/KLIF News reported Monday the new facility could generate at least 2, 000 new jobs in Richardson. …

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Raytheon Lands $76M Navy Contract for Sea Sparrow Missile Long Lead Items

Raytheon (NYSE: RTN) has received a $76.1 million contract from the U.S. Navy to procure long lead materials for the production of the first block of anti-ship missile defense systems for the service branch and foreign clients. The long lead materials will support the production of Evolved Sea Sparrow Missiles for …

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Lockheed, Raytheon Get $650M in Contract Modifications to Extend AF Laser-Guided Bombs Production

Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) have been awarded contract modifications worth a combined $649.7 million to continue to build Paveway II laser-guided bombs for the U.S. Air Force. The modifications extend the work’s performance period for five years through July 27, 2023, the Defense Department said Monday. DoD noted the Air Force Life Cycle Management Center …

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Raytheon to Update AMRAAM Guidance Tech for US Air Force, Int’l Customers

Raytheon (NYSE: RTN) has received a $104.6 million contract to refresh the guidance section of an advanced medium-range air-to-air missile for the U.S. Air Force and international customers. The company will also provide new form, fit and function to the AMRAAM guidance section and perform work in Tucson, Arizona, through Feb. …

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