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Search Results for: Raytheon

Lockheed Partners With Raytheon on Payload Dev’t for New USAF Missile-Warning System

TYSONS CORNER, VA, January 11, 2018 — Lockheed Martin (NYSE: LMT) has named Raytheon (NYSE: RTN) a partner in its effort to develop a missile-detection platform for the U.S. Air Force that would succeed the current Space Based Infrared System satellites, ExecutiveBiz reported Thursday. Raytheon said Wednesday it will help design …

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Raytheon’s Todd Probert: Commercial-Style Software Dev’t to Drive DoD Weapons Acquisition

TYSONS CORNER, VA, January 9, 2018 — Todd Probert, vice president of mission support and modernization at Raytheon (NYSE: RTN), has said commercial software development could be a key focus of the Department of Defense in 2019 as it works to accelerate weapons systems procurement, ExecutiveBiz reported Thursday. “Focusing on commercial-style …

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Raytheon Hires Former Cobham Exec Scott Weiner as Corporate Dev’t VP

Scott Weiner, a more than 10-year Cobham veteran, has named vice president of corporate development at Raytheon (NYSE: RTN). Raytheon said Monday Weiner will oversee acquisitions, joint ventures, minority investments and divestitures across the company’s domestic and international businesses. He will report to Chief Financial Officer Toby O’Brien. Prior to his appointment, Weiner held similar …

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Raytheon Secures $205M Contract to Support Army Land-Based Phalanx Weapon System

Raytheon (NYSE: RTN) has received a potential five-year, $205.2M contract to support a weapon system designed to help the U.S. Army identify and counter incoming rounds on land. The cost-plus-fixed-fee contract covers work on the Phalanx radar-guided gun through Dec. 27, 2023, the Department of Defense said Friday. Phalanx is a key component of the Army’s …

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Raytheon Awarded $434M Sidewinder Block II Production Contract Modification

Raytheon (NYSE: RTN) has received a potential $434.4M contract modification to produce and deliver lot 18 AIM-9X Sidewinder Block II missiles for the U.S. Navy, U.S. Air Force and seven foreign military sales clients. The modification covers the production of AIM-9X Block II all-up round tactical missiles, captive and special air training …

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Raytheon to Create Mideast Cyber-Focused JV With Saudi Aramco; Dave Wajsgras Quoted

TYSONS CORNER, VA, December 28, 2018 — Raytheon (NYSE: RTN) has entered into an agreement with Saudi Aramco to establish a joint venture that will offer cybersecurity technologies and services to customers in Saudi Arabia and other Middle Eastern countries, ExecutiveBiz reported Dec. 17. The oil and gas company said …

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Raytheon Gets Potential $358M Contract to Support Navy Air & Missile Defense Radar Production

Raytheon (NYSE: RTN) has received a potential $357.8M contract to help the U.S. Navy produce and integrate air and missile defense radar systems. Work includes combat system integration and test, depot-level maintenance field engineering and spare parts procurement efforts for the AN/SPY-6(V) radar technology, the Department of Defense said Wednesday. …

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Raytheon Gets $141M USAF Contract Option to Produce Lot 5 SDB II Munitions, Equipment

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $141.4M contract option to manufacture a fifth batch of air-launched, precision-strike glide bombs. Raytheon’s missile systems business will produce 1.2K Small Diameter Bomb II munitions, 389 single-weapon containers and 344 dual-weapon containers, the Department of Defense said Tuesday. The exercised option also includes 20 demonstration effort captive …

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Navy Awards Raytheon $149M Contract to Build New Standard Missile-2 Configuration

Raytheon‘s (NYSE: RTN) missile systems business has received a potential four-year, $149.4M contract to engineer, manufacture and develop a Block IIIC configuration of the U.S. Navy‘s Standard Missile-2 system. Work will occur in Arizona, Colorado, Ohio, New York and England through October 2022 under the cost-plus-incentive contract, the Department of Defense …

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AWS Develops New GovCloud Region for Eastern US; Raytheon’s John DeSimone Quoted

TYSONS CORNER, VA, December 7, 2018 — Amazon Web Services has established a second region in the U.S. for its cloud computing platform offered to public sector customers in an effort to build on its existing GovCloud (US-West) region, ExecutiveBiz reported Nov. 13. The company said Nov. 12 the new GovCloud …

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