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Tag Archives: missile

Raytheon Gets $96M Air Force Decoy Missile Order

Raytheon (NYSE: RTN) has received a $96.1 million contract to produce 250 Miniature Air-Launched Decoy missiles for the U.S. Air Force. The company said Tuesday that it will manufacture the MALD-J jamming variant of the missile that works to electronically stimulate and neutralize enemy air defense systems. Mike Jarrett, vice president of …

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Raytheon Records 5.5% Increase in Net Sales, $8.7B in Bookings for Q2 2018

Raytheon (NYSE: RTN) recorded $6.6 billion in net sales for the second quarter of fiscal 2018, reflecting a 5.5 percent increase from the same period last year. The company said Thursday it logged $8.7 billion in Q2 bookings and $1.2 billion in operating cash flow related to second-quarter continuing operations. The …

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State Dept OKs $1.08B in TOW 2B Missile, Maintenance Requests From Saudi Arabia

The State Department has approved Saudi Arabia’s request to buy TOW 2B missiles, repair parts and spares for combat vehicles and maintenance support services for its fleet of helicopters under three foreign military sales agreements worth approximately $1.08 billion combined. Saudi Arabia requested to procure Raytheon-built (NYSE: RTN) TOW 2B missiles …

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State Dept OKs $270M in Raytheon-Built Sidewinder Missile Sale to UAE

The State Department has given the United Arab Emirates the green light to buy Raytheon-built (NYSE: RTN) AIM-9X-2 Sidewinder Block II missiles, related components and services from the U.S. government under a potential $270.4 million foreign military sales agreement. Raytheon’s missile systems business will be the prime contractor in the proposed sale that seeks to …

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Orbital ATK to Mature Extended-Range Anti-Radiation Missile for Navy Aircraft

TYSONS CORNER, VA, Jan. 26, 2018 — Orbital ATK (NYSE: OA) will work to mature an extended-range configuration of a U.S. Navy airborne tactical missile system under a contract that seeks to advance the platform to the engineering and manufacturing development phase, ExecutiveBiz reported Thursday. The company said Wednesday it will develop …

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Raytheon Eyes Increased Foreign Military Sales of Tomahawk Missiles

TYSONS CORNER, VA, Jan. 17, 2018 — Raytheon (NYSE: RTN) is exploring an expansion on the sale of its Tomahawk cruise missiles to foreign military customers beyond the U.K. to help establish the company’s position in a future U.S. Navy procurement program, ExecutiveBiz reported Tuesday. Seapower Magazine reported Jan. 10 Raytheon …

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Raytheon Works on Missiles, Cyber, Other Tech for Warfighter Readiness

TYSONS CORNER, VA, Oct. 10, 2017 — Raytheon (NYSE: RTN) is looking into new and updated technologies that will work to advance the readiness of the U.S. Army for future battlefield operations, ExecutiveBiz reported Monday. The company said its technology development efforts in support of warfighter readiness are focused on the …

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Reports: Northrop Close to Sealing $7.8B Cash Deal for Orbital ATK

Northrop Grumman (NYSE: NOC) is close to finalizing an agreement to buy Orbital ATK (NYSE: OA) as Northrop aims to broaden its portfolio of missiles and space platforms, Defense News reported Monday. Defense News cited a Wall Street Journal report that says both companies could unveil the transaction as early as Monday …

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Executive Mosaic’s Weekly GovCon Round-up: Army Budget, Modernization, John Hillen and more

Weekly Roundup August 07 – August 11 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson At the tail-end of May the Department of Defense released its FY 2018 budget request, while the Comptroller of the Department of Defense published the Defense Budget Overview, …

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Lockheed to Develop Prototype Missiles Under $74M Army LRPF Phase 2 Contract

Lockheed Martin (NYSE: LMT) has secured a potential three-year, $73.8 million contract to begin work on the second phase of the U.S. Army’s Long Range Precision Fires missile program. The contract covers the technological maturation and risk reduction phase in which the company will design and fly prototype missiles in …

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