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Tag Archives: Raytheon

Raytheon to Support DARPA’s Power Grid Cybersecurity Tech R&D Program

TYSONS CORNER, VA, Dec. 6, 2016 — The Defense Advanced Research Projects Agency has awarded Raytheon (NYSE: RTN) multiple contracts worth a total of $9 million to research and develop cybersecurity tools for the U.S. power grid system, ExecutiveBiz reported Monday. Raytheon said Monday it will develop early warning, adversary spoofing detection …

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State Dept OKs $156M Sale of F/A-18 Joint Tactical Radio Systems, Support to Finland

The State Department has approved Finland’s request to buy F/A-18 aircraft equipment and related services from the U.S. government under a potential $156 million foreign military sales agreement. Finland asked to procure 90 Multifunctional Information Distribution System Joint Tactical Radio Systems, test and training equipment, spares, and repair parts in support of …

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Fitch Expects 3-5% Increase in Addressable Global Defense Market Over Next 3 Years

Fitch Ratings has said it projects a 3 percent to 5 percent growth in the relevant areas of the global addressable defense market over the next three years with the U.S. budget to constitute 45 percent to 50 percent of the market. Fitch said Monday it estimates the addressable global defense …

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December 5 Market Close: GovCon Index Hits First 90-Point Close, HII & Services Gains Offset Prime Declines

Executive Mosaic’s GovCon Index closed above the 90-point mark for the first time since its October 2014 inception as Huntington Ingalls Industries (NYSE: HII) and services contractors led gains to offset declines by Northrop Grumman (NYSE: NOC) and other defense primes on a positive day for U.S. stocks. Monday’s strong performance restarts a post-election …

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Weekly Roundup November 28 – December 2, 2016: CACI’s Jack London, Booz’s ‘2020’ Buy & more

November 28 – December 2, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Jack London, executive chairman of CACI International’s board of directors, is an iconic figure to the government contracting and Washington, D.C. business communities. Often referred to as the “founder …

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Lockheed, Raytheon CEOs Highlight Intl Sales Environment Amid Oil Price Headwinds & Incoming Trump Administration

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defense. Both CEOs told …

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November 29 Market Close: GovCon Index Briefly Touches, Closes Short of 90 Points

Executive Mosaic’s GovCon Index ended at an all-time record close for a fourth session over the last five Tuesday and briefly touched the 90-point barrier for the first time in its two-year history during afternoon trade to resume its post-election rally with defense stocks in particular strong performers. The U.S. equity benchmark S&P 500 also climbed …

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Raytheon Lands $225M Patriot Missile Defense Contract; Ralph Acaba Comments

Raytheon (NYSE: RTN) has secured a $225 million contract to provide an additional Patriot missile defense system to an international customer through a direct commercial sale. The client is a member of a 13-nation group that invests in the Patriot weapon system and awarded the contract more than a month after Poland ordered the same technology from …

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November 28 Market Close: GovCon Index Down as Post-Election Rally Pauses

Executive Mosaic’s GovCon Index ended its six-day win streak Monday as U.S. stocks also took a break from the post-election rally after a stretch that saw equities post three straight weekly gains. GovCon Index decliners edged gainers and six of its 11 S&P 500 components advanced with General Dynamics (NYSE: GD) the …

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Raytheon, U-Mass Receive Funds to Develop Flexible Manufacturing Process

TYSONS CORNER, VA, Nov. 28, 2016 — Raytheon‘s (NYSE: RTN) Integrated Defense Systems subsidiary and the University of Massachusetts’ Lowell Nanomanufacturing Center have received a $1.9 million NextFlex grant to support the development of flexible electronic manufacturing, ExecutiveBiz reported Wednesday. The Lowell Sun reported Tuesday that the Raytheon\U-Mass developed process …

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