Tag Archives: missile

Raytheon Forecasts Higher Sales, Earnings in 2016 as 2015 & 4Q Profit Beat Street Estimate

Raytheon (NYSE: RTN) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $7.12 per share for its full 2015 fiscal year and $1.93 for the fourth quarter to exceed Wall Street’s expectations on both counts. The Waltham, Mass.-based defense technology contractor also posted …

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General Dynamics Gets $171M Army Stryker Weapon System Simulator Contract

General Dynamics’ (NYSE: GD) land systems business unit has won a $170.7 million contract to produce a simulator for the Raytheon-built (NYSE: RTN) weapon system onboard Stryker vehicles. The U.S. Army awarded the cost-plus-fixed-fee contract following an Internet-based solicitation and will determine the funding with each order, the Defense Department said …

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Raytheon Gets $85M AF Contract for Griffin A & B Missiles

Raytheon (NYSE: RTN) will supply Griffin A and Griffin B Block II and III missiles and provide engineering support services to the U.S. Air Force under an $85.5 million contract. The Defense Department said Wednesday the indefinite-delivery/indefinite-quantity contract is a sole-source award and includes test and support equipment for the missiles. Raytheon …

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Lockheed to Supply Missile Interceptors to Foreign Military Clients Under $1B Contract Modification

Lockheed Martin (NYSE: LMT) has received a $1.09 billion contract modification from the U.S. Army to produce air and missile defense interceptors for foreign military customers. The company will build Patriot Advanced Capability-3 air defense missiles for Korea, Saudi Arabia and Qatar under a foreign military sales contract with the U.S. …

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Morocco’s Request to Buy $157M in Raytheon Missiles Gets State Dept Approval

The State Department has cleared Morocco’s request to purchase TOW 2A missiles, related equipment and services from the U.S. government under a potential $157 million contract. Raytheon (NYSE: RTN) will serve as the prime contractor for the sale that includes 600 TOW 2A radio-frequency missiles, 300 M220A2 TOW launchers and seven TOW 2A RF …

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SAIC Lands $109M Army Aviation Systems Engineering Task Order

Science Applications International Corp. (NYSE: SAIC) has received a potential two-year,  $109 million task order from the U.S. Army to help engineer aviation systems and develop software for aviation and missile research. SAIC said Tuesday the company will also provide lifecycle systems and software engineering services to the Aviation and Missile …

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Raytheon Lands $200M Ballistic Missile Defense System IDIQ

Raytheon has received a $200 million contract modification from the Missile Defense Agency to plan and analyze the test for the ballistic missile defense system. The company will also continue to maintain system software and hardware, perform modeling and simulation support, and provide engineering services, the Defense Department said Thursday. Raytheon …

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Raytheon Lands $180M US Air Force Air-to-Air Missile Maintenance IDIQ

Raytheon (NYSE: RTN) has received a $180 million contract to maintain the U.S. Air Force’s Advanced Medium-Range Air-to-Air Missile program. The company will perform service life prediction and logistics services under the indefinite-delivery/indefinite-quantity contract, the Defense Department said Monday. Raytheon will perform work in Tucson, Arizona, through Sept. 30, 2020. AMRAAM …

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State Dept OKs $245M TOW 2A Missile Sale to Lebanon

The State Department has cleared Lebanon’s request to procure tube-launched, optically tracked, wireless-guided 2A missiles, related components and services from the U.S. for use in homeland defense operations under a potential $245 million foreign military sales contract. Raytheon (NYSE: RTN) will be the primary contractor for the sale that includes …

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Mary Ann Hopkins: Parsons Lands $68M DIA Missile Analysis Contract

Parsons has been awarded a five-year, $68 million contract with the Defense Intelligence Agency to perform scientific and technical support on a missile systems analysis program. The company will work to design, test and analyze offensive missile systems, subsystems and technologies the DIA considers dangerous to the U.S. and its …

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