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Tag Archives: Raytheon Co.

May 15 Market Close: GovCon Index and Markets up with S&P 500 and NASDAQ Hitting Records

The Executive Mosaic GovCon Index posted gains to close at 93.283 up 0.605 percent, with advancers shares outpacing and decliners shares 4 to 1. The S&P 500 index and NASDAQ index hit record highs as oil shows a strong rebound and energy and financial sectors lead gains. WTI rose again for the …

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Navy Awards Raytheon $255M Contract to Build Joint Precision Approach, Landing System

Raytheon (NYSE: RTN) has received a potential six-year, $254.6 million contract to design, build, integrate and test a Joint Precision Approach and Landing System for the U.S. Navy. The Defense Department said Wednesday that Raytheon will continue to develop eight existing JPALS engineering development models and build two additional models to help the Navy fulfill operational capability …

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John Kerry Visits Oman to Discuss Raytheon’s $2B Military Sales Deal; Bill Swanson Comments

U.S. Secretary of State John Kerry is meeting with Oman officials this week to discuss a proposed $2.1 billion military sales agreement with Raytheon Co., according to a Bloomberg Businessweek article. Indira A.R. Lakshmanan and Gopal Ratnam write the meeting focuses on the Persian Gulf country’s intent to purchase an …

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Raytheon Receives $125M from AF and MDA for Radar Upgrade; Dave Gulla Comments

Raytheon Co. (NYSE: RTN) has won a $125.3 million contract to modernize the Air Force early warning radar system in Clear, Alaska, the company announced today. The Missile Defense Agency and the Air Force awarded Raytheon the contract to equip large phased-array radars with the new capability of providing targeting data …

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Raytheon Wins $191M for Air Force Targeting System

Raytheon Co. (NYSE: RTN) has won a $191, 009, 635 contract to supply a military targeting system and associated accessories to the U.S. Air Force, the Defense Department announced Friday. The Waltham, Mass.-based firm will provide a Multi-Spectral Targeting System Model B turrets, high-definition electronic units, containers and shop replaceable …

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Fluor Names Raytheon, Northrop Vet Biggs Porter CFO, SVP

Fluor Corp. (NYSE: FLR) has appointed Biggs C. Porter as chief financial officer and senior vice president, the company announced Wednesday. Porter will join the company’s headquarters in Irving, Texas, on April 9 and officially begin serving in the CFO role May 4. The company said that is when it …

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Raytheon Wins $77M for New Navy F-18 Radar Warning Receivers

Raytheon Co.‘s (NYSE: RTN) space and airborne systems unit won a $77, 267, 880 U.S. Navy contract modification to produce radar warning receivers for threat identification. The Defense Department said Raytheon will provide 89 AN/ALR-67(V)3 receivers that interface with F/A-18 aircraft weapon systems, data buses, radars and mission computers. Raytheon said …

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Raytheon Wins $45M for New Navy F-18 Radars

Raytheon Co.’s (NYSE: RTN) space and airborne systems unit won a $45, 252, 160 U.S. Navy contract modification to provide a new set of radars for aircraft, the Defense Department announced Wednesday. Raytheon will install 16 AN/APG-79 Active Electronically Scanned Array radars on F/A-18E/F aircraft, replacing the APG-73 radar. The Pentagon expects Raytheon …

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Raytheon Wins $106M for Aegis Radar Transmitters, Fire Control

Raytheon Co. (NYSE: RTN) won a $106, 454, 603 U.S. Navy contract modification to produce two radar transmitter groups and one missile fire control system. The Defense Department said the AN/SPY-1D(V) transmitter groups and MK 99 Mod 14 fire control system are for the Aegis Ashore Missile Defense System. Raytheon will perform …

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Raytheon to Update Navy SATCOM Network on Potential $979M Award

Raytheon (NYSE: RTN) has won a $19, 861, 994 U.S. Navy contract modification to update the Navy’s military satellite communications terminal, the Defense Department announced Tuesday. The contract is potentially worth $979, 752, 906 if all options are exercised. Six percent of the funds will support foreign military sales to Canada, the Netherlands …

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