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Tag Archives: Raytheon

Raytheon Secures $98M Additional Navy Funds for ESSM Block 2 Interceptor Production Materials

Raytheon‘s (NYSE: RTN) missile systems business has received a four-year, $97.8M contract modification from the U.S. Navy to obtain long-lead materials needed to produce updated air defense interceptors. The service awarded the modification to address Evolved Sea Sparrow Missile Block 2 low-rate initial production requirements for fiscal 2019, the Department …

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Raytheon Gets $403M Contract Modification to Produce Navy Air, Missile Defense Radars

The U.S. Navy has awarded Raytheon (NYSE: RTN) a four-year, $402.6M contract modification to produce three air and missile defense radar systems. Raytheon’s integrated defense systems business will provide the radars for installation on DDG 51 Flight III destroyer ships, the Department of Defense said Thursday. Work under the modification will …

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Air Force Awards Boeing $250M Bomber Cruise Missile Integration IDIQ

Boeing (NYSE: BA) received a potential $250M indefinite-delivery/indefinite-quantity contract to help the U.S. Air Force integrate an air-launched cruise missile system on a multirole bomber aircraft. The company will develop aircraft and missile carriage equipment needed for the integration of the Long Range Stand-Off missile technology with the Air Force’s …

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Raytheon IIS to Supply EO/IR Surveillance Platform to Mideast Nation, Dave Wajsgras Quoted

TYSONS CORNER, VA, March 13, 2019 — A Raytheon (NYSE: RTN) business unit will deliver electro-optical/infrared camera surveillance systems to support the security programs of a Middle Eastern customer under a contract with the U.S. Army, ExecutiveBiz reported March 5. The company said March 4 Raytheon Intelligence, Information and Services …

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Raytheon Gets $92M Navy Contract Option for Rolling Airframe Missile Block 2 Components

Raytheon (NYSE: RTN) secured a $91.9M contract option to provide round packs and spare parts for the Rolling Airframe Missile‘s Block 2 variant to the U.S. Navy. The company served as co-developer of a guided missile weapon system through an international cooperative program that aims to defend naval platforms against …

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Raytheon IIS, GDIT to Manage Missile Test Launch Ops at Army’s Reagan Test Site; Todd Probert Quoted

TYSONS CORNER, VA, March 5, 2019 — A joint venture between General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN) will work to maintain systems and manage activities at a U.S. Army missile test range in the Pacific Ocean as part of a previously awarded $502M contract, ExecutiveBiz reported Feb. 25. …

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Richard Domikis Appointed Cornerstone Defense CTO

Richard Domikis, a three-decade senior technologist, has joined technical services contractor Cornerstone Defense as chief technology officer. He brings to the company his experience in mission operations, business and technical programs across the defense and intelligence sectors, Cornerstone Defense said Monday. Domikis previously served as chief engineer at Peraton and …

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Executive Mosaic Launching 2019 GovConIndex, Names 30 Basket Stocks to Track Industry

Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year’s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in …

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Raytheon Gets $102M Army & FMS Contract for Patriot Missile Tech Modification Kits, Spares

Raytheon (NYSE: RTN) has received a $102.5M contract to provide Patriot missile component modification kits and initial spares for the U.S. Army and the Netherlands. The company will produce spares and kits for the system’s digital sidelobe canceller and peripheral electronics assembly box under the fixed-price-incentive contract, the Department of Defense said …

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Raytheon Holds STEM-Focused Challenge at University of Arizona

TYSONS CORNER, VA, February 22, 2019 — Raytheon (NYSE: RTN) continues its efforts to foster interest in science, technology, engineering and math among students through a recent challenge hosted by the University of Arizona, ExecutiveBiz reported Thursday. The company said employees who are participants in the Raytheon Engineering Leadership Development Program served …

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