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Tag Archives: Raytheon

Mark Schultz to Become SAIC EVP, General Counsel

Mark Schultz, a former chief legal and risk officer and corporate secretary at MWH Global, has joined Science Applications International Corp. (NYSE: SAI) as general counsel for its technical services and information technology segment. The 30-year legal veteran’s appointment takes effect Monday and he will serve as executive vice president …

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Raytheon Updates Middle Eastern Missile Radar System; Dave Gulla Comments

Raytheon (NYSE: RTN) has redesigned a main component of a ballistic missile defense radar for an unnamed foreign military sales customer in the Middle East. The new circuit cards seek to update the AN/TPY-2’s capability to detect, locate and track airborne projectile weapons, Raytheon said Tuesday. Dave Gulla, Raytheon vice president for integrated …

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Raytheon Wins $534M AIM-120 Missile Contract, Foreign Sales Included

Raytheon (NYSE: RTN) has won a $534, 795, 962 firm-fixed-price contract to produce air-to-air missiles with nearly half of the production slated for foreign military sales agreements. Oman and Saudi Arabia are purchasing the AIM-120 C7 missiles under the contract, which covers production lot 27, the Defense Department said Friday. …

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Raytheon Wins Potential $316M Standard Missile R&D Contract

Raytheon (NYSE: RTN) has won a potential $316, 538, 398 contract to perform research and development work under the Standard Missile program for the U.S. Navy. The cost-plus-fixed-fee contract includes $75, 914, 110 in base funds and covers other engineering and technical services, the Defense Department said Friday. The Navy is …

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Raytheon Wins $106M Commercial Bomb Sale; Harry Schulte Comments

Raytheon (NYSE: RTN) has won a $106 million contract to provide two types of precision-guided bombs to an unidentified international customer through a direct commercial sale. The order is for the Paveway II munitions family that uses laser and GPS technology, Raytheon said Thursday. Harry Schulte, vice president of air …

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Raytheon Gets Pentagon Approval for Full SM-6 Production; Mike Campisi Comments

Raytheon (NYSE: RTN) has received approval from the Defense Acquisition Board to enter full-rate production of the company’s Standard Missile-6 for the U.S. Navy. This step comes three months after the company delivered the first SM-6 from its production facility at Redstone Arsenal in Huntsville, Ala., Raytheon said Tuesday. Raytheon …

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Raytheon Wins Potential $400M AF Air Traffic Control Program

Raytheon (NYSE: RTN) has won a $50.6 million contract to deploy air traffic control surveillance systems for the Air Force to manage joint, coalition and civil aircraft, Air Traffic Management reports. Aimiee Turner writes the Deployable Radar Approach Control program is potentially worth $400 million and the company is expected …

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BAE, General Dynamics Win $340M in Ground Combat Vehicle Tech Extensions

BAE Systems and General Dynamics (NYSE: GD) have won an estimated $340 million combined in contract modifications to continue developing technology for a future U.S. Army ground combat vehicle. The Army awarded BAE $159, 481, 403 and General Dynamics $180, 399, 976 to continue work for six more months, the …

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Raytheon Wins $82M to Build AF Decoy, Radar Jam Units; Harry Schulte Comments

Raytheon (NYSE: RTN) has won a $81.7 million contract option from the U.S. Air Force to build and deliver 202 jammers and containers intended to function as decoys during combat. The firm-fixed-price option covers lot six on the lot five contract and includes a 10-year warranty on the MALD-J units, …

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Raytheon to Design Navy Sensor Netting System

Raytheon (NYSE: RTN) has won a $30, 020, 420 contract modification to design and engineer a sensor netting system for the U.S. Navy to use in anti-air warfare missions. The Cooperative Engagement Capabilities program aims to provide the Navy situational awareness and develop range, cooperative, multiple or layered engagement strategies, the …

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