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Raytheon Gets Potential $848M Contract to Help Navy Build ‘Over-the-Horizon’ Weapon System

Raytheon (NYSE: RTN) has secured a potential $847.6 million contract to produce an “over-the-horizon” weapon system for the U.S. Navy‘s littoral combat and frigate ships. OTH-WS will consist of a fire control suite and launching mechanisms with encanistered missiles, the Defense Department said Thursday. The firm-fixed-price contract has a $14.8 …

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Kratos Microwave Electronics Gets ‘4-Star’ Honors as Supplier to Raytheon IDS

TYSONS CORNER, VA, May 31, 2018 — A Kratos Defense and Security Solutions (Nasdaq: KTOS) division has received recognition for its performance as a supplier to Raytheon‘s (NYSE: RTN) integrated defense systems business, ExecutiveBiz reported Wednesday. Kratos said Tuesday its microwave electronics division earned “4-Star” honors at Raytheon IDS’ Supplier Excellence Conference through …

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Raytheon Ranks No. 4 in Cyber Company Rankings; Dave Wajsgras Comments

TYSONS CORNER, VA, May 31, 2018 — Raytheon (NYSE: RTN) has placed fourth in Cybersecurity Ventures’ 2018 Cybersecurity 500 list of innovative cyber companies due to its partnerships, education programs, international growth and contract wins, ExecutiveBiz reported Tuesday. The company said Tuesday its win of the Department of Homeland Security‘s Development, Operations and Maintenance …

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Report: Sweden to Finalize Potential $3B Purchase of Raytheon’s Patriot Missile Defense System

Sweden is close to finalizing a potential $3 billion purchase of Raytheon‘s (NYSE: RTN) Patriot missile defense system within the coming weeks, Reuters reported Wednesday. Joakim Lewin, the Army Design Office head at the Swedish Materiel Administration, told the news agency that Sweden will seek the approval of the U.S. for the …

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Raytheon’s Brian Baldrate: ITAR Compliance Key to Build International Business

TYSONS CORNER, VA, May 22, 2018 — Brian Baldrate, vice president and general counsel for Raytheon‘s (NYSE: RTN) international and Washington, D.C., operations, has said the company looks at a supplier’s compliance with the International Traffic in Arms Regulations to guide decisions on business opportunities as a prime contractor for …

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Raytheon to Help Advance Sea Sparrow Missile Block 2 Program Under $77M Navy Contract

A Raytheon (NYSE: RTN) business unit has landed a $77 million contract to provide engineering services, test equipment, material and management support for the U.S. Navy‘s development activities for Block 2 Evolved Sea Sparrow Missiles. Services under the contract will support the Block 2 ESSM program’s transition to low-rate production and fabrication, the Defense Department said …

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Raytheon Breaks Ground on Future California Hangar to House Flying Testbed

TYSONS CORNER, VA, May 15, 2018 — Raytheon (NYSE: RTN) has marked the beginning of construction on a future California facility designed to house a testbed aircraft based on Boeing‘s (NYSE: BA) 727 airplane, ExecutiveBiz reported Monday. The hangar at Ontario International Airport is anticipated to be complete by the end of the …

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Raytheon Lands Potential $530M Contract to Produce RAM Block 2 Missiles for Navy, FMS Clients

Raytheon‘s (NYSE: RTN) missile systems business has received a potential $529.7 million contract to provide updated Rolling Airframe Missiles to the U.S. Navy and three foreign military sales customers. The company will supply RAM Block 2 guided missile round pack, ordnance alterations and spares under the firm-fixed-price contract, the Defense Department said Thursday. RAM is designed to counter anti-ship …

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Raytheon Gets $415M MDA Contract Modification for SM-3 Block IIA Materials

Raytheon (NYSE: RTN) has secured a $415.4 million contract modification from the Missile Defense Agency to obtain a limited subset of items needed to produce, test and deliver a total of 24 Standard Missile-3 Block IIA systems. The award raises the contract’s potential value from $694.3 million to $1.10 billion and also funds the procurement …

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