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Tag Archives: kevin peppe

Raytheon Wins Potential $550M Torpedo Contract with Foreign Military Sales Items

Raytheon Co. (NYSE: RTN) has been awarded a potential $550 million contract by the U.S. Navy for MK54 lightweight torpedo hardware. The company’s integrated defense systems business has won a $42.6 million order to deliver 100 MK54 kits for the U.S. fleet inventory in support of foreign military sales. Contract work could extend five years with options for additional …

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Raytheon to Provide Navy with Open Architecture for GPS-Based C4ISR Support

Raytheon Company (NYSE: RTN) has won a $32.2 million U.S. Navy contract for the GPS-based positioning, navigation and timing service program for Navy surface and subsurface platforms. Raytheon will provide an open architecture solution that allows hosting of data in a common computing environment. The company aims to improve the ship’s operability with …

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