Search Results for: Raytheon

Raytheon to Update Air, Missile Defense Kits for Army Under $89M Deal

Raytheon (NYSE: RTN) has been awarded a potential four-year,  $89.5 million contract from the U.S. Army to integrate,  test and evaluate the military branch’s Integrated Air and Missile Defense system. The company will also help the Army update and install AIAMD Plug & Fight A-Kits under the cost-plus-fixed-fee contract, the Defense Department said Friday. The …

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Raytheon Awarded $90M Air Force Contract for Multi-Spectral Sensor Platform

Raytheon has received a $90 million contract to produce a new multi-spectral targeting system variant for the U.S. Air Force. The AN/DAS-4 MTS sensor works to provide soldiers with intelligence data derived from aerial tactical sensors to help them detect and engage airborne targets, the company said Friday. AN/DAS-4 has …

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Raytheon Posts 9% Sales Jump in 1Q on Missile Sales, Lifts Full-Year Earnings Outlook Despite 1Q Profit Decline

Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 — has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first quarter revenue increased 8.88 percent from the …

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Raytheon-Vista JV Forcepoint Appoints Matthew Moynahan as CEO

Forcepoint, a cybersecurity product joint venture of Raytheon (NYSE: RTN) and Vista Equity Partners, has appointed Matthew Moynahan as CEO effective May 9. Forcepoint said Wednesday Moynahan will bring 20 years of experience in information technology, cloud services and security intelligence, as well as a background in sales and management. Moynahan will succeed …

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Raytheon-Sponsored Cyber Competition Awards National Champion; Dave Wajsgras Comments

TYSONS CORNER, VA, April 27, 2016 — The Raytheon-sponsored (NYSE: RTN) 2016 National Collegiate Cyber Defense Competition has crowned the University of Central Florida as national champion for the third consecutive year, GovCon Executive reported Monday. The company said Sunday the university bested nine other collegiate teams and will receive the opportunity to visit research, …

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Raytheon to Provide Surveillance Radar Operations Support Under $104M Navy Contract; Dave Wajsgras Comments

Raytheon (NYSE: RTN) has received a potential $104 million contract to provide maintenance and operations support for the U.S. Navy’s Relocatable Over-the-Horizon Radar system. ROTHR is a surveillance radar system designed to detect and track aircraft and ships at long ranges over a coverage area of 2.5 million square miles, the company said …

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Air Force Orders $90M in Raytheon Targeting System Turrets, Spares

Raytheon (NYSE:RTN) has received a two-year, $90.1 million contract to supply 39 Multi-Spectral Targeting System turrets to the U.S. Air Force. The Defense Department said Monday the company will also provide associated MTS data, spares and production support services under the fixed-price-incentive-firm contract. An MTS sensor comprises electro-optical/infrared, laser designation and laser illumination tools designed to generate intelligence …

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State Dept Clears $1.2B Sale of Raytheon-Built Air-to-Air Missiles to Australia

The State Department has approved Australia’s request to purchase $1.22 billion in Raytheon-made (NYSE:RTN) AIM-120D medium-range air-to-air missiles and related equipment under a foreign military sales agreement with the U.S. government. The Defense Security Cooperation Agency said Monday Australia ordered 450 AIM-120D missiles,  34 AIM-120D air vehicles instrumented, six instrumented test vehicles and 10 spare AIM-120 guidance …

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State Dept Approves $260M Raytheon-Made Rolling Airframe Missiles Sale to Qatar

The State Department has cleared a proposed $260 million foreign military sale of Raytheon-built (NYSE: RTN) Rolling Airframe Missiles and related equipment to Qatar. Qatar ordered 252 RIM-116C rolling airframe tactical missiles and two RIM 116C-2 rolling airframe telemetry missiles in efforts to protect its naval forces and oil and …

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Raytheon-Presented Collegiate Cyberdefense Competition to Hold Finals; Dave Wajsgras Comments

TYSONS CORNER, VA, April 21, 2016 — Raytheon (NYSE: RTN) will help kick off the National Collegiate Cyber Defense Competition championship on April 22, which will feature the top 10 cyber defense teams from various U.S. universities, GovCon Executive reported Friday. The University of Texas’ Center for Infrastructure Assurance and Security in San Antonio …

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