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Tag Archives: Raytheon

July 27th Market Close: GovConIndex Closes Down While the Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down today at 98.555, ending its five day positive streak. Advancers were outpaced by decliners today at 6 to 24. The major indices closed mixed on the day with the S&P500 closing down at 2,475.43, while DJIA closed up at 21,797.88. The NASDAQ Composite dropped …

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Raytheon Virtual SOC to Utilize Automated Cyber Incident Response Tool

TYSONS CORNER, VA, July 27, 2017 — Raytheon (NYSE: RTN) has partnered with CyberSponse to integrate the latter’s automated incident response and security orchestration technology into the defense company’s managed security services, ExecutiveBiz reported Wednesday. Raytheon said Tuesday its Virtual-Security Operations Center will utilize the CyberSponse platform in efforts to accelerate security operations and eliminate …

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USAF Awards Raytheon $75M Small Diameter Bomb Tech Support IDIQ

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential seven-year, $75 million contract to provide technical support services for a bomb technology designed to help fighter pilots destroy moving targets. Raytheon’s missile systems unit will perform lifecycle technical support under the engineering, manufacturing development, production and sustainment phases of …

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July 18th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to slid for the second consecutive day closing down 0.425 percent to 97.396. Decliners outpaced advancers 2 to 1. The major indices closed mixed with the S&P500 up and the NASDAQ Composite reaching new record highs while the DJIA closed down . The markets await …

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Executive Mosaic’s Weekly GovCon Round-up: Geospatial Intelligence, Noblis and More

Weekly Roundup July 10 – July 14 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, Noblis, Inc., a nonprofit provider of science, technology, and strategy services to government agencies, was awarded a $3 billion IDIQ contract from the National Oceanic and Atmospheric Administration …

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State Dept Clears Potential $4B Patriot Missile Sale to Romania

The State Department has approved Romania’s request to procure Patriot air defense systems, support and equipment under a potential $3.9 billion foreign military sales deal. Romania requested seven Patriot Configuration-3+ modernized fire units comprised of seven AN/MPQ-65 radar sets, seven AN/MSQ-132 engagement control stations, 13 antenna mast groups, 28 M903 launching stations, 56 …

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Lockheed-Raytheon JV to Supply Javelin Anti-Tank System Rounds, Support to Army

TYSONS CORNER, VA, July 11, 2017 — A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture will deliver containerized rounds, electronics and command launch units for the Javelin anti-tank missile system under a $56.8 million contract modification from the U.S. Army, ExecutiveBiz reported Monday. The Defense Department said Friday the award …

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Air Force Orders $78M in Raytheon IFF Transponders, Equipment

Raytheon (NYSE: RTN) has landed a potential $78 million contract to supply the U.S. Air Force with identification friend-or-foe transponders and ancillary equipment. The Air Force will obligate $1.4 million in fiscal 2017 procurement funds at the time of award, the Defense Department said Friday. DoD expects Raytheon to complete work …

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US, Poland Sign Memorandum for Potential Sale of Raytheon-Built Patriot System

TYSONS CORNER, VA, July 7, 2017 — The governments of Poland and the U.S. have inked a memorandum that would enable the former to procure Raytheon-built (NYSE: RTN) Patriot missile defense systems, ExecutiveBiz reported Thursday. Reuters reported Thursday Poland’s Defense Minister Antoni Macierewicz unveiled the agreement ahead of U.S. President Donald Trump’s visit …

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Lockheed to Develop Prototype Missiles Under $74M Army LRPF Phase 2 Contract

Lockheed Martin (NYSE: LMT) has secured a potential three-year, $73.8 million contract to begin work on the second phase of the U.S. Army’s Long Range Precision Fires missile program. The contract covers the technological maturation and risk reduction phase in which the company will design and fly prototype missiles in …

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