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Tag Archives: Raytheon

Lockheed, Raytheon Win Pair of $900M LRSO Missile Tech Maturation Contracts

The U.S. Air Force has awarded a pair of contracts worth approximately $900 million each to Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) to conduct technology maturation and risk reduction work for the Long Range Standoff nuclear cruise missile. The companies will perform work at their respective facilities in Florida and …

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Raytheon to Support Navy Deployment of New IR Target Detection & Identification Tech

TYSONS CORNER, VA, Aug. 23, 2017 — Raytheon (NYSE: RTN) will support the implementation of a forward-looking infrared detection and identification technology for the U.S. Navy under a potential $33.1 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will provide technical support for the Firepower Enhancement Program system that seeks to …

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Raytheon to Supply AF Griffin Missiles Under $105M IDIQ Award

Raytheon (NYSE: RTN) has received a potential $104.9 million to produce, test and engineer Griffin missile systems for the U.S. Air Force. The Defense Department said Thursday Raytheon’s missile systems unit will supply all variants of the Griffin standoff precision guided munition technology under the indefinite-delivery/indefinite-quantity contract. Griffin functions as a ground- or an air-launched weapon …

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Lockheed-Raytheon JV Awarded $134M to Supply 3 FMS Clients With Javelin Equipment

A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has received a five-year, $133.9 million contract modification from the U.S. Army for the delivery of Javelin equipment and associated parts to three foreign military sales customers. The Defense Department said Tuesday Javelin Joint Venture will provide non-recurring engineering services …

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Raytheon Eyes Expansion & Job Creation in Albuquerque, New Mexico

TYSONS CORNER, VA, Aug. 15, 2017 — Raytheon (NYSE: RTN) aims to generate 60 new manufacturing jobs in New Mexico over the next six years with the expansion of its 103,000-square-foot facility at the Sandia Science and Technology Park in Albuquerque, ExecutiveBiz reported Monday. Albuquerque Business First reported Friday that the state …

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August 14th Morning Report: Friday Close – Markets End Week Stable and to the Positive

Markets closed Friday to the positive after a geopolitically charged week of ups and downs. The Executive Mosaic GovCon Index (GCI) reversed its downward trend to close Friday up 0.370 percent to 100.301. Advancing shares outpaced decliners 2 to 1. Friday’s close had Vectrus leading the GCI with trading volumes of more than twice the average …

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August 11th Market Close: Green Across the Board, GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) reversed its downward trend from yesterday to close up 0.370 percent to 100.301. Advancing shares outpaced decliners 2 to 1. Vectrus topped the GCI on trading volumes of more than twice the average daily volume. The major indices closed up slightly today with the S&P500 advancing 0.13 percent to 2,441.32, while DJIA moved up by 0.07 percent to  21,858.32, and the NASDAQ Composite increased by 0.64 percent. Crude oil also advanced on …

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Executive Mosaic’s Weekly GovCon Round-up: Army Budget, Modernization, John Hillen and more

Weekly Roundup August 07 – August 11 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson At the tail-end of May the Department of Defense released its FY 2018 budget request, while the Comptroller of the Department of Defense published the Defense Budget Overview, …

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August 9th Market Close: GovConIndex Closes Up While Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed up 0.144 percent to 100.857. Advancers and decliners split even on the day. The major indices responded to heightened tensions between the U.S. and North Korea and closed slightly down for the day. The S&P500 off 0.04 percent while DJIA moved downward by 0.17 percent, and …

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Raytheon Continues BMD Support to MDA Under $66M SM-3 Block IIA Contract Modification

TYSONS CORNER, VA, Aug. 9, 2017 — A Raytheon (NYSE: RTN) business unit will continue its test and integration support for the Missile Defense Agency‘s ballistic missile defense system under a $66.4 million modification to the Standard Missile-3 Block IIA contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the award to Raytheon Missile …

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