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Search Results for: Raytheon

UK Air Force Awards Raytheon $159M Contract Extension for Surveillance Aircraft Support Services

The U.K.-based subsidiary of Raytheon (NYSE:RTN) has secured a five-year, $159.3 million contract extension from the British air force to manage support services for the country’s Sentinel surveillance aircraft fleet. Raytheon said Friday it will optimize the design, modification, configuration management and support activities on Sentinel aircraft at the air station in Waddington and at a …

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October 27 Market Close: GovCon Index Tumbles on Raytheon & L-3 Guidance Misses, Other Defense Primes Lag

Executive Mosaic’s GovCon Index posted its biggest percentage decline in four weeks Thursday after Raytheon (NYSE: RTN) and L-3 Communications (NYSE: RTN) posted guidance ranges below Wall Street analysts’ expectations with other large defense primes also the GCI’s largest drags. GovCon Index decliners outnumbered advancers at a 4-to-1 ratio and McKesson …

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Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst Consensus

GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies. Raytheon showed a year-over-year revenue increase for the third quarter on growth …

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Raytheon to Integrate Landing Guidance Tech With F-35, UAS; Dave Wajsgras Comments

TYSONS CORNER, VA, Oct. 21, 2016 — Raytheon (NYSE: RTN) has received a potential $270 million contract from the U.S. Navy to integrate the Joint Precision Approach and Landing System with various aircraft, GovCon Executive reported Wednesday. The company said Wednesday it will work to integrate the JPALS landing guidance technology with unmanned aircraft …

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Rockwell Collins to Build Landing Guidance Subsystems Under $67M Deal With Raytheon

Raytheon (NYSE: RTN) has awarded Rockwell Collins (NYSE: COL) a potential six-year, $67 million contract to develop, test and produce communication and navigation subsystems for the U.S. Navy’s Joint Precision Approach and Landing System. The contract with Raytheon also covers systems engineering and logistics services in support of the JPALS program, Rockwell Collins …

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Raytheon Eyes Further Collaboration With Estonian Defense Industry as New EDIA Member

TYSONS CORNER, VA, Oct. 20, 2016 — Raytheon (NYSE: RTN) has become the Estonian Defense Industry Association’s sixth international member to build on a previous relationship between the company and Estonia’s government on cybersecurity collaboration, ExecutiveBiz reported Wednesday. Raytheon International CEO John Harris met with Estonian Defense Minister Hannes Hanso and …

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Raytheon Gets ATCA Award for Work in Air Traffic Control Modernization

TYSONS CORNER, VA, Oct. 19, 2016 — Raytheon (NYSE: RTN) has received the 2016 Industrial Award from the Air Traffic Control Association in recognition of the company’s work in air traffic control modernization efforts, GovCon Executive reported Tuesday. The company said Monday ATCA presented the award during the organization’s 61st Annual Conference and …

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Raytheon-NCSA Study: Election-Related Threats Boost Cybersecurity Career Interest; Dave Wajsgras Comments

TYSONS CORNER, VA, Oct. 14, 2016 — Raytheon (NYSE: RTN) and the National Cyber Security Alliance have commissioned a study that has shown that the cyber threats during the U.S. presidential election have helped to encourage young adults to venture into the cybersecurity industry, ExecutiveBiz reported Thursday. Zogby Analytics conducted the study …

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Raytheon Tests Software of GPS III Ground Control Segment

TYSONS CORNER, VA, Oct. 14, 2016 — Raytheon (NYSE: RTN) has conducted risk reduction functional tests on the software of the ground control segment it is building for the U.S. Air Force‘s Global Positioning System III satellites, ExecutiveBiz reported Thursday. The company said Wednesday the recent tests focused on the Operational Control System …

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