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Tag Archives: Raytheon

Navy Awards Raytheon $235M Aircraft Landing System Production Contract

Raytheon (NYSE: RTN) has received a four-year, $234.6M contract to begin the low-rate initial production of GPS-equipped systems designed to guide military aircraft onto carriers or amphibious assault ships. The company will manufacture 23 Joint Precision Approach and Landing Systems along with three upgrade kits, associated data and engineering change …

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Raytheon Awarded $151M IDIQ to Sustain AIM-9X Sidewinder Missiles for US, Int’l Clients

Raytheon (NYSE: RTN) has secured a potential three-year, $151.4M contract to sustain AIM-9X Sidewinder missiles for the U.S. Navy and U.S. Air Force as well as 20 international countries. The company will perform repairs and integrated logistics support for the Block II and II+ versions of the multimission missile system …

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Raytheon Intros Common Ground Control Tech for Navy’s Unmanned Systems; Bob Busey Quoted

TYSONS CORNER, VA, May 20, 2019 — Raytheon (NYSE: RTN) has utilized open architecture and the Unmanned Aircraft System Control Segment standard to develop a technology that the U.S. Navy can use to operate several unmanned platforms even with the limited space for ground control stations on naval ships, ExecutiveBiz …

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Raytheon Gets $101M Modification on Army TOW Guided Missile Contract

Raytheon (NYSE: RTN) will provide additional tube-launched, optically-tracked wireless guided missile systems to the U.S. Army under a three-year, $101.3M contract modification. The service branch used fiscal 2017 other procurement funds to cover the full obligated amount at the time of award, the Department of Defense said Friday. Work under …

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Raytheon to Design Navy Sensor Netting System Under Potential $279M Contract

Raytheon (NYSE: RTN) has won a potential five-year, $279.3M contract to design a sensor network with fire-control technology under the U.S. Navy’s Cooperative Engagement Capability program. CEC will be designed to help the military service coordinate measurement data from sensors during strike force air search missions and facilitate battle force …

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Raytheon’s John DeSimone: NCCDC Geared to Attract Cyber Talent; UVA Wins 2019 Competition

TYSONS CORNER, VA, May 7, 2019 — The Raytheon-sponsored (NYSE: RTN) National Collegiate Cyber Defense Competition awarded a team from the University of Virginia last month as the 2019 champion of the cybersecurity contest, ExecutiveBiz reported April 26. The company said April 26 the university repeats as the winner of …

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McAleese & Associates: Raytheon Reports 7% Growth in Q1 2019 Sales

A new McAleese and Associates report says Raytheon (NYSE: RTN) saw its sales climb 7 percent to $6.7B in the first quarter of 2019 with an earnings per share of $2.77. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the Waltham, Mass.-based defense …

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Army Orders $200M in Raytheon-Made Excalibur Ib Projectiles

The U.S. Army has awarded Raytheon (NYSE: RTN) a five-year, $200.2M contract to supply M982A1 Excalibur Ib containerized shells that are designed to engage land targets in a combat environment. Army Contracting Command received one bid for the firm-fixed-price contract via an online solicitation, the Department of Defense said Tuesday. …

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Raytheon to Engineer Army Data Transmission System Under $663M Contract

Raytheon (NYSE: RTN) has won a potential 10-year, $663M contract to engineer a tropospheric scatter-based data transmission system for the U.S. Army. Army Contracting Command received two bids for the firm-fixed-price contract that also includes repair, field support, training and sustainment services, the Department of Defense said Monday. The Pentagon …

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Raytheon Gets $94M USAF Contract Modification for Targeting System Production, Modernization

Raytheon (NYSE: RTN) has received a $94.2M contract modification to manufacture DAS‐4 targeting systems for the U.S. Air Force and the Netherlands. The company will provide an additional 54 new AN/DAS‐4 Model B Multi‐Spectral Targeting System turrets and convert one turret unit into the DAS‐1A configuration, the Department of Defense said …

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