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Sally Sullivan, Ed Fortunato Named to VP Roles at Raytheon

Sally Sullivan, a former CSRA executive, has joined Raytheon (NYSE: RTN) as vice president of U.S. business development. Sullivan previously served as executive VP for the homeland security group at CSRA, which is now part of General Dynamics’ (NYSE: GD) information technology business after the latter completed its purchase in April, …

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Raytheon Gets $96M Air Force Decoy Missile Order

Raytheon (NYSE: RTN) has received a $96.1 million contract to produce 250 Miniature Air-Launched Decoy missiles for the U.S. Air Force. The company said Tuesday that it will manufacture the MALD-J jamming variant of the missile that works to electronically stimulate and neutralize enemy air defense systems. Mike Jarrett, vice president of …

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Raytheon’s Todd Probert: Multidomain C2 to Bolster Decision-Making in Future Combat

TYSONS CORNER, VA, July 27, 2018 — Todd Probert, vice president for mission support and modernization at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said a multidomain command-and-control system will be key to support military decision-making in the future combat environment, ExecutiveBiz reported July 13. Probert wrote in …

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Raytheon Records 5.5% Increase in Net Sales, $8.7B in Bookings for Q2 2018

Raytheon (NYSE: RTN) recorded $6.6 billion in net sales for the second quarter of fiscal 2018, reflecting a 5.5 percent increase from the same period last year. The company said Thursday it logged $8.7 billion in Q2 bookings and $1.2 billion in operating cash flow related to second-quarter continuing operations. The …

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Navy Awards Raytheon Potential $302M Contract to Help Maintain Guided Missile Weapon System

Raytheon (NYSE: RTN) has been awarded a potential five-year, $301.7 million contract from the U.S. Navy to provide design agent and engineering support services for a weapon system used to defend against anti-ship missiles. The cost-plus-fixed-fee contract has a $64.4 million initial value and will reach its full cumulative value if …

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Raytheon’s Dave Wajsgras Joins Va. Officials to Talk Cybersecurity, Honor NCCDC Champions

TYSONS CORNER, VA, July 20, 2018 — Dave Wajsgras, president of the intelligence, information and services business at Raytheon (NYSE: RTN), participated in a discussion with Virginia state officials earlier this month about cybersecurity and opportunities for training in the field, ExecutiveBiz reported July 13. The event, which was held …

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Raytheon Radar, UAS to Support Army Ground Troops Against Enemy Drones

TYSONS CORNER, VA, July 19, 2018 — A Raytheon-built (NYSE: RTN) radar and unmanned aircraft system designed to detect and counter adversary drones will be utilized by the U.S. Army in its battlefield operations, ExecutiveBiz reported Wednesday. The company said Tuesday its Coyote tube-launched UAS, which will be deployed before the end of 2018, …

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Lockheed Teams With Raytheon-Thales JV on NATO Missile Defense C2 Effort

TYSONS CORNER, VA, July 19, 2018 — Lockheed Martin (NYSE: LMT) has partnered with a joint venture between Raytheon (NYSE: RTN) and Thales to deliver command-and-control technology in support of NATO’s air and ballistic missile defense system, ExecutiveBiz reported Wednesday. ThalesRaytheonSystems will serve as system integrator and work with Lockheed to …

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Serco Inc. Gains Recognition as Supplier to Raytheon; Dave Dacquino Comments

TYSONS CORNER, VA, July 18, 2018 — Serco Inc. has received an award for its work as a supplier to Raytheon (NYSE: RTN) during their 15-year collaborative effort on antenna integration, ExecutiveBiz reported Friday. The Premier Supplier Excellence Award serves to recognize Raytheon suppliers based on achievement in affordability, technical work, business management …

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Raytheon, Air Force Plan Operational Tests on StormBreaker Bomb in Summer

TYSONS CORNER, VA, July 17, 2018 — Raytheon (NYSE: RTN) and the U.S. Air Force will move forward to the operational testing phase in summer on the second increment of the Small Diameter Bomb after concluding operational test readiness assessment earlier this year, ExecutiveBiz reported Monday. The company said Monday the StormBreaker …

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