Tag Archives: Raytheon

Todd Probert, a 10-year Raytheon (NYSE: RTN) executive, will assume the role of president of defense and security group at CAE (NYSE: CAE) on Jan. 27.

BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) to secure the required antitrust approval for their pending merger.

Raytheon (NYSE: RTN) has been awarded a potential $442.3M contract to design and develop a terminal intended to support aircraft communications via the Advanced Extremely High Frequency satellite constellation.

Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and Collins Aerospace has landed contracts from the Defense Advanced Research Projects Agency to develop technology platforms for countering anti-access/area denial threats. DARPA selected the three companies to participate in the first and second phases of the System-of -Systems Enhanced Small Unit program, according to a notice posted Tuesday on the beta SAM website.

The Federal Aviation Administration has partnered with Raytheon (NYSE: RTN) to modernize an automated system that helps U.S. air traffic controllers manage the spacing and sequencing of aircraft. "We want air traffic controllers to have the best tools available to manage the increasingly complex airspace around our airports," said Dave Wajsgras, president of the intelligence, information and services business at Raytheon and a 2019 Wash100 awardee.

VMware (NYSE: VMW) has completed its purchase of San Francisco-based Pivotal Software for approximately $2.7B in a push to provide clients with integrated platforms needed to speed up software delivery across cloud, edge and data center environments.

Raytheon (NYSE: RTN) has received a potential $768.3M contract from the U.S. Air Force to produce lot 33 Advanced Medium Range Air-to-Air Missile systems.

Raytheon (NYSE: RTN) has been awarded a $1.02B contract modification from the Missile Defense Agency to  provide a total of 62 Standard Missile-3 all-up rounds to U.S. and foreign military sales customers.

Raytheon (NYSE: RTN) has secured a potential $112.3M contract modification for non-recurring engineering work on U.S. Navy flight vehicles used to guard aircraft and airmen from hostile threats. The company will help engineer the service branch's Miniature Air Launched Decoy platform under the modification.

Raytheon (NYSE: RTN) has secured a potential $1.07B contract from the U.S. Navy to provide Standard Missile-6 all-up rounds designed to engage targets on the sea or in the air.