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Raytheon to Provide Japan with Patriot Missile Fuzes

The U.S. Army has contracted Raytheon Co. (NYSE: RTN) to provide Japan with Patriot missile M818E3A fuzes and upgrade current M818E2 fuzes to M818E3A fuze configuration. The work is on an $8, 390, 376 firm-fixed-price cost-plus-fixed-fee contract for and is estimated to be completed on Jan. 31, 2014. One bid was solicited, with one …

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Raytheon to Establish 20-Site Interoperable Public Safety Communications System

Raytheon Company (NYSE: RTN) will design, equip and install a 20-site interoperable communications system, which will provide seamless communications for public safety and municipal services across more than 700 miles. The compnay’s P25 digital land mobile radio system will provide more than 100 channels with voting, multicast and simulcast technologies for …

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Lockheed and Raytheon Win $475M Air Force Laser-Guided Bomb Contract

The U.S. Air Force has awarded Lockheed Martin Corp. (NYSE: LMT) and Raytheon‘s (NYSE: RTN) missile systems business a $475 million firm-fixed-price contract for laser-guided bomb seekers and tail kits. The companies will provide Paveway II computer control groups and GBU-12 air foil groups. The Ogden Air Logistics Center/GHGKA, Hill Air Force Base, Utah, is …

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Raytheon Wins $67M Navy IDIQ for Satellite Communication Engineering

The U.S. Navy has awarded Raytheon‘s (NYSE: RTN) network-centric solutions business a $67, 030, 102 indefinite-delivery/indefinite-quantity contract for engineering services. The award is a cost-plus fixed-fee, cost-plus incentive-fee and firm-fixed-price hybrid contract. The services will help the Navy meet its satellite communications program requirements. Requirements include the following Raytheon-produced systems: extremely …

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Raytheon Wins $85M Navy Missile Contract

The Navy is awarding Raytheon Company (NYSE: RTN) a $85, 619, 066 firm-fixed price contract for 225 full rate production, lot seven AGM-154C-1 unitary joint stand-off weapon missiles. This contract includes associated support equipment and provides for one AGM-154C-1 missile for a performance characterization test. Work is expected to be …

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Raytheon Reports 2nd Quarter Financial Results; Swanson Comments

Raytheon Company (NYSE: RTN) released its second quarter 2011 financial results on July 28. The company reported earnings of $1.23 per diluted share, up from $1.34 in the second quarter of 2010. EPS from continuing operations rose 120 percent over that period to $1.23 from $0.56. Net sales increased $200 million year-over-year …

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Raytheon Wins $70.5M Army IDIQ for Data Networking System Services

The U.S. Army has awarded Raytheon Co. (NYSE: RTN), Fullerton, Calif., a $70, 520, 000 cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract.   The company will provide engineering, integration, logistical and field support for the enhanced position location reporting system. Raytheon will also provide post-deployment software service support. One bid was solicited, with one bid …

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Raytheon Modification Raises Ship Defense Contract Value to $197.5M

The U.S. Navy has awarded Raytheon Co. (NYSE: RTN), Tucson, Ariz., an $18, 346, 000 contract modification to provide engineering and technical services in support of the MK15 Phalanx close-in weapon system. The modification raises the contract value to an estimated $197, 548, 604. Eighty percent of the purchases are …

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Raytheon Wins Army Hawkeye Aircraft Sensor Modification

The U.S. Navy has awarded Raytheon‘s (NYSE: RTN) network centric systems business, Largo, Fla., an $11, 009, 124 contract modification. The modification is for a cooperative engagement capability system for production of the AN/USG-3B systems and system test for E-2D Hawkeye aircraft. CEC is a sensor netting system that significantly …

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Raytheon to Release Quarterly Financial Results July 28

Raytheon Company (NYSE: RTN) will issue its second-quarter 2011 earnings news release at 7 a.m. EST on July 28, 2011. The release will be posted on the Raytheon home page. The second-quarter 2011 earnings results conference call will be at 9 a.m. EST on Thursday, July 28, 2011. The call …

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