Tag Archives: Kongsberg

State Dept Clears $300M Sale of Raytheon Technologies-Made Naval Missiles to Romania

Naval Strike Missile

The State Department approved Romania's request to buy anti-ship missile systems manufactured by Raytheon Technologies (NYSE: RTX) through a potential $300M foreign military sale transaction with the U.S. government. The company's missiles and defense business would deliver two units of the Naval Strike Missile Coastal Defense System and complementary equipment to Romania's government under the potential deal, the Defense Security Cooperation Agency said Friday.

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Kongsberg Lands $498M Contract to Continue Army Remote Weapon Station Support

A Kongsberg Gruppen business unit has received a four-year, $498.3M contract from the U.S. Army to continue to build a remote weapon station designed to help soldiers identify and engage targets while inside an armored vehicle. The Defense Department said Friday that Kongsberg’s defense and aerospace group will also support engineering and …

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Thomas Kennedy: Raytheon Eyes Larger Share of $8B Over-the-Horizon Missile Market

Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), has said he expects the company to gain a controlling share of a potential $8 billion market for surface-to-surface missiles over a decade, Defense News reported Tuesday. Kennedy said Thursday at the company’s earnings call that the proposed Naval Strike Missile …

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Raytheon Teams With Kongsberg to Offer Missile for Navy OTH Requirement

TYSONS CORNER, VA, June 23, 2017 — Raytheon (NYSE: RTN) has partnered with Kongsberg to offer a precision missile system to the U.S. Navy under the service branch’s solicitation for an over-the-horizon capability for littoral combat ships and frigates, ExecutiveBiz reported Thursday. Raytheon said Wednesday it will produce the long-range Naval Strike Missile with seeker and …

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Visiongain Names Key Players in Projected $22B Military Smart Weapons Market

TYSONS CORNER, VA, February 25, 2016 — A report by Visiongain indicates that Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Orbital ATK (NYSE: OA) and Raytheon (NYSE: RTN) are some of the key players in the global military smart weapons market, ExecutiveBiz reported Wednesday. Visiongain said Monday the market will be worth $22.32 …

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Raytheon Wins $1.3B Oman Missile Sale

Raytheon (NYSE: RTN) has been awarded a $1.28 billion contract to provide a ground-based air defense system to Oman under a direct commercial sale transaction. The order was booked during the fourth quarter of 2013 and includes training, support equipment and technical services, Raytheon said Thursday. Raytheon has partnered with …

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