Tag Archives: Raytheon

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the regulatory clearances needed to close the transaction. According to a joint statement, the combined company will operate as Raytheon Technologies and trade under the “RTX” ticker symbol on the New York Stock Exchange.

Raytheon (NYSE: RTN) has secured a potential $353.3M contract from the U.S. Navy to provide guided missile round packs and spare replacement parts for the Block 2 and 2A variants of the Rolling Airframe Missile system. The contract includes foreign military sales to Turkey, the United Arab Emirates, Saudi Arabia, Egypt and Germany, the Department of Defense said Monday.

Raytheon (NYSE: RTN) and L3Harris Technologies (NYSE: LHX) have been awarded separate five-year, $500M contracts to develop anti-jam modems to support U.S. Space Force's tactical satellite communications.

Raytheon (NYSE: RTN) has secured a potential $378M contract modification from the U.S. Space Force to replace computer hardware in the next-generation ground control segment for GPS satellites.

The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a potential seven-year, $2.14B contract to manufacture, assemble and maintain ballistic missile interceptors for U.S. military and undisclosed international defense customers.

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through an all-stock transaction, Reuters reported Friday. A DOJ notice posted Thursday says the approval comes with a proposed settlement that requires both companies to divest to a U.S. approved-buyer Raytheon’s airborne tactical radios business and UTC’s military GPS business and its large space-based optical systems unit to maintain competition.

Lockheed Martin (NYSE: LMT) emerged as the final contender for the U.S. Army’s Precision Strike Missile prototyping competition, Jane’s 360 reported Tuesday. The PrSM program seeks to develop a precision-strike, surface-to-surface guided missile to replace the Army Tactical Missile System and that can be fired from the M142 High Mobility Artillery Rocket System and M270A1 Multiple Launch Rocket System to neutralize targets at ranges of up to 499 kilometers.

Raytheon (NYSE: RTN) has been awarded a three-year, $392.2M contract modification to supply AIM-9X Sidewinder air-to-air missiles to U.S. and foreign military clients for air training and tactical use.

Executive Mosaic is honored to present Pierre Chao, founding partner of Reconnaissance Strategic Advisors (RSAdvisors), as an inductee into the 2020 Wash100 Award for his expansive consulting services and IT insights. This marks Chao’s third Wash100 Award.

Raytheon Company has developed, manufactured and delivered its first 3rd GEN FLIR sensor system under a U.S. Army contract awarded in 2016. This latest Forward-Looking Infrared (FLIR) system to support soldiers four fields of view, the company announced on Wednesday.