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Tag Archives: Raytheon

Raytheon to Update Missile Defense Radar With GaN Under MDA Deal

TYSONS CORNER, VA, April 10, 2017 — Raytheon (NYSE: RTN) will continue work to help develop ballistic missile defense radar components with the gallium nitride semiconductor material under a $10 million contract modification from the Missile Defense Agency, ExecutiveBiz reported Friday. The company said Thursday it will provide the hardware and software that …

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Raytheon Picked for Australia’s $1.5B Contract to Build Ground Air Defense Platform

The government of Australia has named Raytheon (NYSE: RTN) the sole bidder on a potential $1.5 billion contract to develop a land-based aerial defense platform, Reuters reported Monday. Jamie Freed writes Marise Payne, Australia’s defense minister, said the National Advanced Surface to Air Missile System seeks to replace the country’s three-decade-old …

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April 10 Morning Report: GovCon Index Closes Friday and the Week in the Positive

The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria. On Friday GovCon Index advancing companies outpaced decliners 4 to 1. Major market indices reacted minimally to …

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April 7 Market Close:GovCon Index Up;Markets With Minor Reaction to Mixed March Jobs Report

The Executive Mosaic GovCon Index closed up 0.578 percent to 90.822 with the large platform and manufacturing companies leading the way. The GovCon Index advancing companies outpaced decliners 4 to 1. In what was a roller coaster of a trading day the major indices reacted minimally to the mixed news from the …

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April 6 Market Close: GovCon Index and Markets Reverse Downward Trend, Closing Up

The Executive Mosaic GovCon Index reversed its six day downward trend to close up 0.436 percent to 90.300. There was positive movement in GovCon stocks as advancers outpaced decliners by 6 to 1. The major indices all closed slightly higher as energy stocks rose with crude oil prices and retailers are up …

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Raytheon to Support MDA Risk Reduction Efforts for Multi-Object Kill Vehicle

TYSONS CORNER, VA, April 5, 2017 — Raytheon (NYSE: RTN) will perform technology risk reduction work on the Multi-Object Kill Vehicle platform under a $59.6 million contract from the Missile Defense Agency, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will assist MDA in efforts to build on the performance …

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Poland Eyes Potential $7B Deal for Raytheon’s Patriot Missile Defense Batteries by November

TYSONS CORNER, VA, April 4, 2017 — Poland’s government is working to finalize its plan to purchase eight Raytheon-built (NYSE: RTN) Patriot air and missile defense system batteries under a potential $7.5 billion deal by November, ExecutiveBiz reported Monday. Defense News reported Friday the country is set to submit an updated letter of …

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GovCon Wire’s Weekly Roundup: The Shifting Sands of Executive Leadership, Siemens’ $4.13 Billion Contract Win, and More

Weekly Roundup March 27 – March 31 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, the GovCon industry witnessed several high-profile private sector executive moves. It goes without saying that these leadership changes could impact industry in a positive way, introducing …

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Raytheon Awarded $200M to Produce Additional Sidewinder Missiles for US, Intl Clients

Raytheon (NYSE: RTN) has landed a three-year, $199.8 million contract modification from the U.S. Navy for the full-rate production of lot 17 AIM-9X Sidewinder tactical missiles. The Defense Department said Friday the company will also produce AIM-9X Block II captive air training missiles, all-up-round containers, spare advanced optical target detectors, captive air training missile guidance …

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March 30 Market Close: GovCon Index Closes Down as Major Indices Close Up

Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 …

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