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Tag Archives: Raytheon

Raytheon Plans to Expand Southern Arizona Missile Systems Business

TYSONS CORNER, VA, Nov. 22, 2016 — Raytheon (NYSE: RTN) plans to expand its missile systems operations and add close to 2, 000 jobs at the business headquarters in Tucson, Arizona, over a five-year period, ExecutiveBiz reported Monday. The company said Friday its job creation, facilities expansion and operational output are …

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Leidos’ Roger Krone Joins Board of Governors at Aerospace Industries Association

TYSONS CORNER, VA, Nov. 22, 2016 —  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectively serve as …

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PAE VP Darryle Conway to Bring Contingency Ops Background to ISAO Board

TYSONS CORNER, VA, Nov. 21, 2016 — Darryle Conway, vice president of business development for PAE‘s global logistics and stability operations business, has been named to the board of directors of the International Stability Operations Association, GovCon Executive reported Thursday. PAE said Wednesday Conway’s appointment serves to continue the company’s support for the …

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November 18 Market Close: GovCon Index Narrowly Green to Close 2nd Straight Weekly Gain

Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but the S&P 500 …

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State Dept Clears Potential $21B F-15 Sale to Qatar

The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and economic growth in the Persian Gulf region, as …

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State Dept OKs $10B Sale of Boeing Super Hornet, Northrop, Raytheon & GE Components to Kuwait

The State Department has given Kuwait the go-ahead to procure Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft and related components and support from the U.S. government under a potential $10.1 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric will act as principal contractors for the sale that covers …

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November 17 Market Close: GovCon Index Nudges Green, Fed Chair Tells Congress Rate Hike Near

Executive Mosaic’s GovCon Index nudged a slight gain Thursday in a mostly positive session for the U.S. stock market at-large as investors listened to Federal Reserve Chair Janet Yellen’s congressional testimony. GovCon Index decliners edged advancers and three of its 11 S&P 500 components closed green with Honeywell International (NYSE: HON) the best net gainer among …

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November 15 Market Close: GovCon Index Post-Election Gain Streak Ends With 1% Decline, US Stocks Advance

Executive Mosaic’s GovCon Index ended its four-day post-election gain streak with a 1-percent decline Tuesday as investors sold defense shares that had surged since Donald Trump’s U.S. presidential election victory Nov. 8. In contrast, U.S. stocks were lifted Tuesday on bounces in technology and energy shares as the latter sector rose in conjunction with …

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SES, Raytheon Vet Kevin Benedict Joins DataPath as US Govt Sales SVP

Kevin Benedict, former vice president of business development at SES Government Solutions, has joined Atlanta-based remote field communications and information technology provider DataPath as senior VP of U.S. government sales. DataPath said Tuesday Benedict will oversee efforts to expand the company’s work with U.S. defense, intelligence and civilian agencies customers and takes his new role …

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November 14 Market Close: GovCon Index Posts 4th Straight 1%-Plus Gain, AECOM Surges on CEO’s Infrastructure Comments

Executive Mosaic’s GovCon Index added at least 1 full percent for a fourth consecutive session Monday to new all-time high as defense primes continued to lead gainers and construction company AECOM (NYSE: ACM) also climbed after its CEO offered investors a positive outlook on U.S. infrastructure spending. GovCon Index gainers outnumbered …

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