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Tag Archives: Raytheon

State Dept Clears $138M Anti-Radiation Missile Sale to Australia

The State Department has cleared Australia’s request to buy anti-radiation missiles and related equipment and services under a potential $137.6 million foreign military sales agreement. Australia asked to procure AGM-88B anti-radiation tactical missiles, AGM-88E guided tactical missiles, CATM-88B HARM captive air training missiles control sections, flight termination platforms and related …

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Raytheon to Continue Air, Missile Defense Radar Production Under $327M Navy Contract Modification

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $327.1 million modification to exercise options under a previously awarded contract for low-rate initial production of air and missile defense radars. Raytheon will also provide non-recurring engineering support services for the first three air and missile defense radars under the modification, the Defense Department said …

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Raytheon SM-6 Missile Completes 4 Navy Flight Tests to Prep for FOC

TYSONS CORNER, VA, May 1, 2017 — Raytheon‘s (NYSE: RTN) Standard Missile-6 weapon system has undergone a series of flight tests with the U.S. Navy in efforts to establish sea worthiness and achieve full operational capability, ExecutiveBiz reported Friday. The company said Thursday the Navy fired four SM-6 missiles against shore-launched, sub- or supersonic targets during …

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State Dept Clears US’ $1B P-8A Aircraft, Associated Support Deal With New Zealand

The State Department has approved New Zealand’s request to purchase four P-8A patrol aircraft and associated support under a potential $1.5 billion foreign military sales agreement with the U.S. government. New Zealand requested commercial engines, Tactical Open Mission Software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)1 acoustic system, AN/APY-10 radar, ALQ-240 electronic support measures and …

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Raytheon Awarded $87M to Help UAE Field, Operate Patriot Air Defense System

The U.S. Army has awarded Raytheon (NYSE: RTN) an $87.3 million modification under a foreign military sales contract to advise and assist the United Arab Emirates on the deployment and operation of the company-built Patriot air defense system. Raytheon will also provide advisory and assistance services for planning, training,  maintenance and sustainment efforts related to UAE’s Patriot …

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GovCon Wire’s Weekly Roundup: Border Protection Infrastructure & The New Space-Race

Weekly Roundup April 24 – April 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For months, we’ve all been reading about the proposed wall along our nation’s southern borders, headlines describing the billions of dollars that will be needed to fund such …

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April 27 Market Close: Little Change in GovCon Index, S&P500, DJIA; NASDAQ Closes Record High

The Executive Mosaic GovCon Index closed up slightly 0.252 percent to 93.319 with advancers and decliners evenly split. In the major market the S&P500 and DJIA were up modestly 0.06 percent and 0.03 percent respectively. The NASDAQ at a record high of 6,048.94. At market close WTI fell by $0.65 to $48.97 …

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Raytheon to Update Air Operations Center Baseline Software Under $375M USAF Contract; Dave Wajsgras Comments

Raytheon (NYSE: RTN) has received a potential six-year, $375 million contract from the Air Force Materiel Command to upgrade the baseline software for the Air and Space Operations Center Weapon System. The AOC WS platform works to help the service branch perform aircraft command-and-control operations at 22 sites worldwide, Raytheon …

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April 26 Market Close: GovCon Index Up Slightly as Markets React to Proposed Tax Plan

The Executive Mosaic GovCon Index moved opposite to market direction and closed up slightly to 93.084 or 0.290 percent. Advancers outpaced decliners 2 to 1. U.S. markets reversed their significantly positive movement from the past two days to close slightly down. Investors reacted cautiously to President Trump’s new tax plan due to …

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Raytheon Expands NM Missile Parts Production & Storage Facility With New Warehouse

TYSONS CORNER, VA, April 26, 2017 — Raytheon (NYSE: RTN) has unveiled a new 30,000-square-foot, $5 million warehouse near Farmington, New Mexico, that serves to expand an existing 95,000-square-foot production and storage facility in Dine, ExecutiveBiz reported Tuesday. The company said Monday the overall facility houses missile parts in support of …

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