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Tag Archives: Integrated Defense Systems

McAleese & Associates: Raytheon Reports 7% Growth in Q1 2019 Sales

A new McAleese and Associates report says Raytheon (NYSE: RTN) saw its sales climb 7 percent to $6.7B in the first quarter of 2019 with an earnings per share of $2.77. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the Waltham, Mass.-based defense …

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Raytheon Names Wesley Kremer, Ralph Acaba to New Leadership Roles

Raytheon (NYSE: RTN) has appointed Wesley Kremer, head of the firm’s integrated defense systems, as president of missile systems business, and Ralph Acaba, a 33-year company veteran, as president of IDS in a move that will take effect on March 30. “Wes and Ralph each bring extensive technical and operational …

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Raytheon, EADS NA Win Order for Data and Voice Radios

Raytheon (NYSE: RTN) and EADS North America have been awarded a $33.2 million contract to supply the U.S. Army with light utility helicopters and aviation radios, Avionics Intelligence reported Sunday. John Keller writes the Redstone Arsenal, Ala.-based Army Contracting Command awarded the companies with the order to provide six UH-7 …

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Raytheon to Provide Naval Mine Neutralization Production Systems

The U.S. Navy has awarded Raytheon‘s (NYSE: RTN) integrated defense systems business a $8, 796, 601 contract modification to fabricate, assemble, test and deliver five Airborne Mine Neutralization System low rate initial production systems. The AMNS will explosively neutralize bottom and moored mines using an expendable mine neutralize device and …

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Raytheon Picks Tom Kennedy to Lead IDS

Raytheon (NYSE: RTN) selected Thomas A. Kennedy to become president of Raytheon Integrated Defense Systems (IDS).  Kennedy replaces the retiring Daniel L. Smith. “Tom’s proven business leadership, customer focus and international expertise will benefit IDS and its expanding base of global customers as we continue to develop and advance Raytheon …

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Contract Award – Raytheon – $81.1 Million – Navy

The US Navy has awarded Raytheon a contract to provide a low-frequency sonar for Navy helicopters. The contract, worth $81.1 million, requires Raytheon’s Integrated Defense Systems division to produce and deliver 23 sonar systems. Raytheon has already provided 26 of the sonar systems and is under contract for an additional …

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