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Raytheon Gets $191M Navy Contract Modification for Updated Seasparrow Missile Production Items, Spares

Raytheon's (NYSE: RTN) missile systems business has secured a $190.5M contract modification from the U.S. Navy to obtain the remaining materials needed to produce lots 1 through 3 of Block 2 Evolved Sea Sparrow Missile system.

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Raytheon’s Todd Probert: Military Should Address Data Management to Leverage AI Capabilities

Todd Probert, vice president for Raytheon’s (NYSE: RTN) intelligence, information and services business, said the U.S. military should focus first on data management and talent recruitment efforts before leveraging the predictive and analytic capabilities of artificial intelligence, C4ISRNET reported Friday.

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Raytheon to Provide Aircraft Maintenance Training to Afghan Air Force; Bob Williams Quoted

TYSONS CORNER, VA, August 9, 2019 — Raytheon (NYSE: RTN) will help develop an aircraft maintenance training program for Afghan forces under a U.S. Army contract to support the Army Program Executive Office for Simulation, Training and Instrumentation, ExecutiveBiz reported Aug. 1.

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Former Raytheon, Hitachi Exec Susan Lynch to Join Vectrus as SVP, CFO; Chuck Prow Quoted

Susan Lynch, who previously served as chief financial officer at Raytheon (NYSE: RTN) and Hitachi Data Systems, will formally assume the positions of senior vice president and CFO at Vectrus (NYSE: VEC) on Aug. 7. The 25-year finance veteran will oversee Vectrus' financial planning and analysis, tax, controllership and treasury functions, the company said Monday.

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