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Raytheon Gets $467M MDA Standard Missile-3 Block IB Order

Raytheon (NYSE: RTN) has received a $466.9 million order to manufacture, test and deliver Standard Missile-3 Block IB interceptors to the Missile Defense Agency. The company said Tuesday it will supply 44 Block IB missiles under the fiscal 2018 order issued as part of a three-year $2.35 billion production contract announced in 2015. Mitch Stevison, vice …

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Todd Probert: Raytheon to Present Aircraft Cyber Capabilities at Farnborough Airshow

TYSONS CORNER, VA, July 12, 2018 — Todd Probert, vice president of mission support and modernization for Raytheon‘s (NYSE: RTN) intelligence, information and services business, has previewed the company’s cyber-focused exhibit at the 2018 Farnborough International Airshow in the U.K., ExecutiveBiz reported Tuesday. Probert said in a report published Monday the company …

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MDA Selects Lockheed, Northrop, Raytheon for Potential $4.1B Homeland Defense Radar Development IDIQ

Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have landed spots on a potential five-year, $4.1 billion contract to develop and deliver radar platforms to the Missile Defense Agency. All three companies will vie for task orders to provide autonomous acquisition and persistent precision tracking and discrimination technologies …

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Raytheon’s Seasparrow Block 2 Missile Completes 1st NATO-Run Live Flight Test

TYSONS CORNER, VA, July 10, 2018 — The Raytheon-built (NYSE: RTN) Evolved Seasparrow Missile Block 2 system has undergone its first live-fire test during a demonstration flight overseen by NATO’s Seasparrow Project Office, ExecutiveBiz reported Monday. The U.S. Navy said Friday the activity focused on the function of the missile variant’s new …

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Raytheon Missile Systems Hires Former Air Force CISO Peter Kim

TYSONS CORNER, VA, July 6, 2018 — Raytheon (NYSE: RTN) has tapped Peter Kim, formerly chief information security officer of the U.S. Air Force, as director of information technology security and governance for the company’s missile systems business, ExecutiveBiz reported Tuesday. Kim, who left the service branch in June, will …

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Raytheon, Charles River Analytics Join Forces to Develop Military Planning Tool for DARPA

TYSONS CORNER, VA, July 5, 2018 — Raytheon’s (NYSE: RTN) BBN Technologies subsidiary has partnered with Charles River Analytics to develop modeling tools that will work to help military planners understand potential causes of a conflict in support of a Defense Advanced Research Projects Agency program, ExecutiveBiz reported Tuesday. CRA …

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Raytheon to Produce Griffin Missiles for SOCOM Under Potential $315M IDIQ

Raytheon‘s (NYSE: RTN) missile systems business has landed a potential $315 million  contract to provide Griffin missiles to the U.S. Special Operations Command along with product upgrade, operations and sustainment services. SOCOM will use fiscal 2018 research, development, testing and evaluation funds to cover the contract’s minimum value and obligate additional funds with …

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Raytheon Picked to Develop Prototype Under Navy UAV Swarming Program

TYSONS CORNER, VA, June 28, 2018 — Raytheon (NYSE: RTN) will build a prototype naval platform for the U.S. Navy‘s Low Cost UAV Swarming Technology program under a potential $29.7 million contract, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday it selected the company for the development of the LOCUST “innovative naval prototype” …

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Raytheon Integrates Navigation Payload for FAA Air Traffic Network

TYSONS CORNER, VA, June 25, 2018 — Raytheon (NYSE: RTN) has equipped the Federal Aviation Administration‘s Wide Area Augmentation System network with a navigation payload that will work to address ionospheric disturbances, timing issues and minor orbit changes that could impact GPS satellite signals, ExecutiveBiz reported Friday. The company said Thursday it has …

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