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Raytheon Gets $56M Navy Delivery Order to Repair F/A-18 Targeting Pods

Raytheon (NYSE: RTN) has secured a $56.4 million firm-fixed price delivery order from the U.S. Navy under an existing basic ordering agreement to repair multi-sensor, electro-optical targeting pods that the service branch uses on the F/A-18 aircraft. The Defense Department said Wednesday the company will perform repair work on the Advanced Targeting Forward …

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Raytheon, Leonardo Drop Out of T-X Trainer Program Partnership

Raytheon (NYSE: RTN) and Leonardo have decided to end their partnership to compete for the U.S. Air Force’s T-X trainer aircraft program after the companies failed to “reach a business agreement, ” Defense News reported Wednesday. Aaron Mehta and Valerie Insinna write Leonardo said in a statement published Wednesday the firm has started to …

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Raytheon, (ISC)2 Charitable Trust to Award Cyber Scholarships to Women; Dave Wajsgras Comments

TYSONS CORNER, VA, Jan. 25, 2017 — Raytheon (NYSE: RTN) and (ISC)2’s charitable trust will award scholarships to six women to support their efforts to achieve cybersecurity degrees and careers, GovCon Executive said Tuesday. Three female college students and three mid-career professionals will be selected for the Raytheon Women’s Cybersecurity Scholarship by (ISC)2’s Center …

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Raytheon Secures $235M in Navy Standard Missile-6 Production Funds

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $235 million contract to fund the fourth year of full-rate production of Standard Missile-6 all-up rounds and spares. Raytheon said Monday it is scheduled to begin delivery of new SM-6 multimission missiles to the Navy in 2018. The company added the missiles will feature an anti-surface function and will be deployed on …

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Former Raytheon Cyber Exec Brian Stites Named MSi Business Devt VP

Brian Stites, formerly chief architect and senior manager of defense and commercial cyber resiliency strategy at Raytheon (NYSE: RTN), has joined Charlottesville, Virginia-based cyber defense software firm Mission Secure Inc. as vice president of business development. Stites “brings strong control system and cyber expertise and will be a fantastic addition to …

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Retired Navy Adm. James Winnefeld Joins Raytheon Board; Thomas Kennedy Comments

James Winnefeld Jr., a retired U.S. Navy admiral and former vice chairman of the Joint Chiefs of Staff, has been elected to Raytheon‘s (NYSE: RTN) board of directors. The 37-year Navy veteran previously led the North American Aerospace Defense Command and the U.S. Northern Command, Raytheon said Wednesday. “Sandy brings significant expertise …

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RapidSOS Appoints Former Raytheon Chair, CEO William Swanson to Advisory Board

TYSONS CORNER, VA, Jan. 13, 2017 — RapidSOS has named William Swanson, former Raytheon (NYSE: RTN) chairman and CEO, to the advisory board of the New York-based emergency communications technology company, GovCon Executive reported Thursday. Swanson has at least 40 years of experience in cybersecurity, defense and communications, RapidSOS said Tuesday. He held various …

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DoD Approves Sale of Raytheon SM-6 Missiles to International Clients

TYSONS CORNER, VA, Jan. 12, 2017 — Raytheon‘s (NYSE: RTN) Standard Missile – 6 has been approved by the Defense Department to be sold to several international customers that seek to use the missiles to support their shipbuilding programs, ExecutiveBiz reported Wednesday. The company said Tuesday SM-6 is designed to provide naval ships with …

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Raytheon Receives USAF Modification for System Verification Test Support FMS Deal

TYSONS CORNER, VA, Jan. 5, 2017 — The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $9.1 million contract modification to provide system verification test services to Qatar’s air and missile defense operations center as part of the foreign military sales program, ExecutiveBiz reported Wednesday. The company’s integrated defense systems sector will …

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Former Raytheon, Lockheed Exec Marcy Palus Joins CenturyLink as Contracts Mgmt VP

Marcy Palus, formerly vice president of contracts at Lockheed Martin (NYSE: LMT), has been named VP of contracts management at CenturyLink‘s (NYSE: CTL) federal government solutions group, Washington Technology reported Wednesday. Mark Hoover writes Palus will oversee CenturyLink’s federal contracts division and professional relationships across the federal government finance and contracting community. Before Lockheed, …

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