Home / Tag Archives: Raytheon (page 3)

Tag Archives: Raytheon

Lockheed Picks Raytheon to Deliver New Sensor for Future F-35 Jets

TYSONS CORNER, VA, June 15, 2018 — Lockheed Martin (NYSE: LMT) has selected Raytheon (NYSE: RTN) to supply the updated Distributed Aperture System sensor technology for future F-35 fighter aircraft, ExecutiveBiz reported Thursday. DAS, which utilizes infrared cameras that work to provide imagery to pilots for increased battlespace situational awareness, will be …

Read More »

Jim Garrettson Presents Lynn Dugle With Wash100 Award

Jim Garrettson, president and chief executive officer of Executive Mosaic, a leading media and events hosting company in the government contracting market, on Wednesday presented Engility CEO and Chairman Lynn Dugle with her 2018 Wash100 award. The Wash100, now running on its fifth year, recognizes the most influential and impactful executives in the GovCon …

Read More »

State Department OKs India’s Request for $930M in Apache Weapons, Equipment

The State Department has approved a potential $930 million foreign military sale of weapons, support equipment and services for six AH-64E Apache helicopters the Indian government intends to buy through a direct commercial sale transaction. Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), General Electric (NYSE: GE) and Longbow — a joint venture between Lockheed and Northrop …

Read More »

Raytheon to Continue TOW Missile Production Under $130M Army Contract Modification; Kim Ernzen Comments

Raytheon (NYSE: RTN) will continue to manufacture the tube-launched, optically-tracked, wireless-guided missiles through a $129.9 million contract modification from the U.S. Army. The company said Tuesday the award modifies a previously awarded $320 million contract for TOW weapons production. Kim Ernzen, vice president of Raytheon’s land warfare systems business, said there is global …

Read More »

6 Firms Awarded $970M in DTRA IDIQ Contracts to Support Cooperative Threat Reduction Program

Six companies have won contracts worth up to $970 million combined to support a Defense Threat Reduction Agency program that aims to stop the proliferation of weapons of mass destruction. DTRA’s Cooperative Threat Reduction program seeks to collaborate with foreign countries to counter WMD threats and related technology, materials, expertise and facilities, the Defense Department said Tuesday. …

Read More »

Raytheon, Kongsberg to Jointly Develop ‘Over-the-Horizon’ Weapon System for Navy

TYSONS CORNER, VA, June 5, 2018 — Raytheon (NYSE: RTN) and Kongsberg Gruppen will develop a missile system designed for over-the-horizon defense of the U.S. Navy‘s littoral combat ships and frigates under a potential $847.6 million contract from the service branch, ExecutiveBiz reported Monday. The Navy selected the companies’ Naval …

Read More »

Raytheon to Build $100M Future Radar Production Facility in Mississippi

TYSONS CORNER, VA, June 4, 2018 — Raytheon (NYSE: RTN) is investing $100 million to build a radar production facility in Mississippi that will build, test and integrate S-band radars for programs such as the U.S. Navy’s AN/SPY-6 Air and Missile Defense Radar, ExecutiveBiz reported Friday. The company said Thursday …

Read More »

Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories

Weekly Roundup May 28 – June 1, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Platform Companies: A May Overview As we look back at May, I’d like to highlight some …

Read More »

Raytheon Gets Potential $848M Contract to Help Navy Build ‘Over-the-Horizon’ Weapon System

Raytheon (NYSE: RTN) has secured a potential $847.6 million contract to produce an “over-the-horizon” weapon system for the U.S. Navy‘s littoral combat and frigate ships. OTH-WS will consist of a fire control suite and launching mechanisms with encanistered missiles, the Defense Department said Thursday. The firm-fixed-price contract has a $14.8 …

Read More »

PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

Read More »