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Tag Archives: Raytheon

Lockheed-Built GPS III Satellite Links With Raytheon Ground Control System

TYSONS CORNER, VA, Dec. 15, 2017 — The first Lockheed Martin-built (NYSE: LMT) GPS III satellite has established a connection with the launch-and-checkout system of Raytheon‘s (NYSE: RTN) ground control segment during a U.S. Air Force factory mission readiness test, ExecutiveBiz reported Thursday. Lockheed said Wednesday GPS III Space Vehicle 01 communicated with the Raytheon-developed Next Generation …

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Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market

Weekly Roundup December 11 – December 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For this week’s roundup we’re taking a look at the current landscape of M&A activity in the government contracting market. 2017 is coming to a close and the …

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Raytheon Gets $302M FMS Contract Modification for Saudi Arabia Joint Standoff Weapons

Raytheon‘s (NYSE:RTN) missile systems business has received a $302.4 million modification under a foreign military sales contract with the U.S. Navy to manufacture air-air-to-ground missile systems for Saudi Arabia. The Defense Department said Tuesday the modification covers the procurement of 618 AGM-154 Block III C Joint Standoff Weapons along with containers, spares, support equipment and engineering …

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L3 Subsidiary Lands $79M Contract to Help Manage AETC Trainer Aircraft Base Supply

A subsidiary of L3 Technologies (NYSE: LLL) has secured a $79.4 million contract from the U.S. Air Force to manage and sustain the base supply of T-1A trainer aircraft for the Air Education and Training Command. L3’s Vertex Aerospace business will support AETC’s fleet of 178 T-1A trainers under the firm-fixed-price contract, the Defense Department …

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Raytheon Missile Systems Plant Earns DSS ‘Superior’ Security Score

TYSONS CORNER, VA, Dec. 8, 2017 — Raytheon (NYSE: RTN) has again secured a “superior” rating from the Defense Security Service for the security at a company missile systems production facility in Tucson, Arizona, after a week-long audit process, GovCon Executive reported Thursday. The company said Wednesday the Raytheon Missile Systems …

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Raytheon Vet David Ray to Join FLIR as Govt & Defense Business Unit President

David Ray, a 15-year Raytheon (NYSE: RTN) veteran, will join FLIR Systems (Nasdaq: FLIR) to serve as president of the government and defense business unit starting Jan. 8. He will directly report to Jim Cannon, president and CEO of FLIR, and oversee the business unit’s research and development ,strategy, marketing …

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Raytheon Lands $150M Contract to Help Install, Sustain Qatar’s Patriot Air Defense Systems

Raytheon (NYSE: RTN) has secured a potential five-year, $150.2 million foreign military sales contract from the U.S. Army to help the government of Qatar deploy, install and sustain the country’s Patriot air defense systems and related equipment. The Defense Department said Friday the company will also provide configuration management, planning, training, maintenance …

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Raytheon Unveils US-Romania Agreement on Potential Patriot Missile System Sale

TYSONS CORNER, VA, Dec. 1, 2017 — Raytheon (NYSE: RTN) is looking to supply the Patriot integrated air and missile defense system for Romania after the country submitted a letter of offer and acceptance for the platform to the U.S. Army, ExecutiveBiz reported Thursday. The company said Wednesday the agreement works …

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Executive Mosaic’s Weekly GovCon Round-up: November’s Biggest Contracts

Weekly Roundup November 27 – December 1 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson November’s Billion Dollar Contracts During November a number of contracts valued at over a billion dollars were awarded for a variety of services such as foreign military sales, sitcom …

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Andrew Ivers Named L3 Corporate SVP, Comms System Business President

Andrew Ivers, president of broadband communications sector and communication systems-west division at L3 Technologies (NYSE: LLL), will assume the roles of corporate senior vice president and president of communication systems business segment at the New York-based aerospace and defense contractor starting Jan. 1. The company said Wednesday Ivers will directly report …

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