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Tag Archives: Raytheon

Jean Milbrandt Succeeds Mark Kontos as Mitre CFO

Jean Milbrandt, formerly director of business operations at Mitre, has been promoted to vice president and chief financial officer of the nonprofit corporation. Mitre said Tuesday Milbrandt succeeds the retiring Mark Kontos and aims to help maintain the company’s position as manager of federally funded research and development centers. “Jean blends a long background …

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Raytheon Works on Missiles, Cyber, Other Tech for Warfighter Readiness

TYSONS CORNER, VA, Oct. 10, 2017 — Raytheon (NYSE: RTN) is looking into new and updated technologies that will work to advance the readiness of the U.S. Army for future battlefield operations, ExecutiveBiz reported Monday. The company said its technology development efforts in support of warfighter readiness are focused on the …

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Launch of 1st Joint Polar Satellite System Set for Nov. 10

TYSONS CORNER, VA, Oct. 10, 2017 — NASA and the National Oceanic and Atmospheric Administration have scheduled the launch of the first Joint Polar Satellite System on Nov. 10 to begin its mission to support weather forecasting operations, ExecutiveBiz reported Monday. The space agency said Saturday JPSS-1, which is equipped with instruments …

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State Dept Clears $15B Sale of THAAD Missile Defense Systems, Equipment to Saudi Arabia

The State Department has approved a potential $15 billion foreign military sale of anti-ballistic missile defense systems, related equipment and support services to Saudi Arabia. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will serve as principal contractors on the sale, the Defense Security Cooperation Agency said Friday. The transaction covers the delivery …

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October 9th Morning Report: GovCon Index and Indices End First Week of October Positive

As we ended the first week in October the Executive Mosaic GovCon Index (GCI) continued for its sixth consecutive day of gains, to close up 0.032 percent for the day and up 0.67 percent from the monthly open. The markets closed mixed with the S&P500 down 0.11 percent to 2,549.33, while the DJIA also moved down …

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October 6th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued for its sixth consecutive day of gains, to close up 0.032 percent to 109.193 with advancing and declining shares pretty well split even. The markets showed marginal movement closing mixed, with the S&P500 closing down 0.11 percent to 2,549.33, while the DJIA also moved down closing …

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Todd Ernst to Succeed Michael Cody as Raytheon Corporate Devt VP

Todd Ernst, vice president of investor relations at Raytheon (NYSE: RTN), has been promoted to VP of corporate development in a move that takes effect Nov. 6. He will oversee Raytheon’s mergers-and-acquisitions program in addition to his current responsibilities and succeed Michael Cody, who will retire as corporate development lead …

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Raytheon to Supply Qatar Joint Standoff Weapons Under $173M Navy FMS Deal

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $172.9 million “undefinitized” contract to supply joint standoff weapons, component parts and support equipment for spares to Qatar under a foreign military sales deal. Raytheon’s missile systems business will produce 200 AGM-154C Block III weapons and 212 containers as well as provide engineering and technical …

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State Dept OKs Australia’s Request for $815M in Small Diameter Bombs

The State Department has given Australia the green light to buy small diameter bombs, military equipment and related services from the U.S. government under a potential $815 million foreign military sales agreement. Raytheon (NYSE: RTN) is listed as the principal contractor in the FMS transaction that covers GBU-53/B Small Diameter Bomb Increment II, …

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Raytheon Offers Automotive Technician Training at New UK Apprenticeship Center

TYSONS CORNER, VA, Oct. 2, 2017 — Raytheon‘s (NYSE: RTN) professional services unit has opened a new facility in Doncaster, England, that will work to provide apprenticeship and training programs to automotive technicians in the U.K., GovCon Executive reported Friday. The company said Friday the national apprenticeship center will offer classroom and virtual …

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