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Tag Archives: Raytheon

January 4 Market Close: GovCon Index Up Second Day in a Row on Strong Market Performance

Executive Mosaic’s GovCon Index moved higher for the second day in a row Wednesday on broad gains across almost all of the thirty stocks that make up index. The Dow Jones Industrial moved ever closer to the 20, 000 mark, closing at 19, 942.16 up 0.30 percent. GovCon Index gainers outnumbered …

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Raytheon Awarded $163M Contract for Qatar Patriot Missile Defense Training Services

The U.S. Army has awarded Raytheon (NYSE: RTN) a potential three-year, $163.3 million contract to provide training services related to the Patriot air and missile defense system to Qatar through a foreign military sales agreement. The firm-fixed-price contract covers pre-Patriot military occupational training, Patriot training classes and English language training support for …

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January 3 Market Close: GovCon Index Continues Strong 2016 Performance Into New Year

Executive Mosaic’s GovCon Index moved higher Tuesday on broad gains among defense primes  as U.S. stocks closed significantly higher with the Dow Jones Industrial flirting with the 20, 000 mark. GovCon Index gainers outnumbered laggards by a 3-to-1 ratio Tuesdayy and nine of its 11 S&P 500 components advanced with co-listed McKesson …

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Air Force Issues RFP for $16B T-X Trainer Jet Replacement Program

The U.S. Air Force has released a request for proposals for a potential $16.3 billion program that seeks to build a new trainer jet designed to replace the T-38 aircraft and train pilots of F-22 and F-35 fighter jets, Air University reported Friday. The RFP for the Advanced Pilot Training program …

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Boeing to Help Integrate Navy EA-18G Jammer Pods Under $308M Contract Modification

Boeing (NYSE: BA) has received a $308.3 million contract modification from the U.S. Navy to support the engineering change proposal integration of jammer pods onto EA-18G Growler aircraft. The Defense Department said Thursday the company will provide necessary equipment for system integration laboratories; design and manufacture 12 ECP 6472 A kits; and integrate, demonstrate and …

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December 29 Market Close: GovCon Index Advances, US Stocks Turn Red After Russia Sanctions

Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned slightly negative as markets …

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Raytheon, CSRA, General Dynamics, Leidos Partner to Pursue Army Global Training Equipment Support Contract

TYSONS CORNER, VA, Dec. 29, 2016 — Raytheon (NYSE: RTN), CSRA (NYSE: CSRA), General Dynamics (NYSE: GD), Leidos (NYSE: LDOS) and 17 small businesses have formed a team to bid for a contract to maintain U.S. Army training devices and digital ranges across the globe, ExecutiveBiz reported Wednesday. Raytheon said Tuesday the team will offer …

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Raytheon Secures $600M Intl Patriot Missile Defense System Upgrade Contract

Raytheon (NYSE: RTN) has received a contract worth approximately $600 million to update the Patriot integrated air and missile defense system of an unidentified country. The company said Thursday the direct commercial sales contract covers Configuration 3+ Post Deployment Build 8 software and hardware suite. Altogether, the 13 countries that own and operate Patriot …

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Raytheon Secures $304M Navy Contract for Tomahawk Block IV Cruise Missile Production

Raytheon (NYSE: RTN) has been awarded a $303.7 million contract to provide 214 Tomahawk Block IV vertical launch system missiles and spares to the U.S. Navy. The company will also produce Tomahawk spares for the U.K. government under the firm-fixed-price contract, the Defense Department said Wednesday. Work will occur at various locations …

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Raytheon to Produce Stinger Missiles, Captive Flight Trainers Under $208M Navy FMS Contract

The U.S. Navy has awarded a Raytheon (NYSE: RTN) business unit a $207.9 million foreign military sale contract to manufacture Stinger FIM-92H and FIM-92F Block 1 missiles and associated equipment for three international customers. Raytheon Missile Systems will also deliver captive flight trainers, other training devices and related spares and components to Qatar, …

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