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Tag Archives: Raytheon

HII Promotes Susan Jacobs to HR & Admin VP at Newport News Division

Huntington Ingalls Industries (NYSE: HII) has appointed Susan Jacobs, director of human resources and administration at HII’s Ingalls Shipbuilding segment, to succeed the retiring Bill Bell as vice president of HR and administration for the company’s Newport News Shipbuilding division. Huntington Ingalls said Friday Jacobs will manage the Newport News, Va.-based NNS segment’s HR administration, employment, labor relations and recruitment functions along with the …

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Weekly Roundup October 17 – October 21, 2016: 3Q Financial Season Not Just Earnings & more

October 17 – October 21, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Another third quarter earnings reporting season is now underway for many large blue chip companies including some in the government contracting arena but that is merely one of many …

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Raytheon to Integrate Landing Guidance Tech With F-35, UAS; Dave Wajsgras Comments

TYSONS CORNER, VA, Oct. 21, 2016 — Raytheon (NYSE: RTN) has received a potential $270 million contract from the U.S. Navy to integrate the Joint Precision Approach and Landing System with various aircraft, GovCon Executive reported Wednesday. The company said Wednesday it will work to integrate the JPALS landing guidance technology with unmanned aircraft …

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Rockwell Collins to Build Landing Guidance Subsystems Under $67M Deal With Raytheon

Raytheon (NYSE: RTN) has awarded Rockwell Collins (NYSE: COL) a potential six-year, $67 million contract to develop, test and produce communication and navigation subsystems for the U.S. Navy’s Joint Precision Approach and Landing System. The contract with Raytheon also covers systems engineering and logistics services in support of the JPALS program, Rockwell Collins …

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Raytheon Eyes Further Collaboration With Estonian Defense Industry as New EDIA Member

TYSONS CORNER, VA, Oct. 20, 2016 — Raytheon (NYSE: RTN) has become the Estonian Defense Industry Association’s sixth international member to build on a previous relationship between the company and Estonia’s government on cybersecurity collaboration, ExecutiveBiz reported Wednesday. Raytheon International CEO John Harris met with Estonian Defense Minister Hannes Hanso and …

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Textron 3Q Earnings Miss, Revenue Up 2% on Biz Jet Deliveries

Textron (NYSE: TXT) reported third quarter earnings below Wall Street’s expectation Thursday on restructuring costs and lower commercial deliveries in its Bell Helicopter segment. GovCon Index-S&P 500 company Textron reported $0.61 earnings per share versus the $0.67 analyst consensus with third quarter EPS excluding a $0.76 benefit from settlements of Internal Revenue Service audits and the $0.27-after tax restructuring …

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Raytheon Gets ATCA Award for Work in Air Traffic Control Modernization

TYSONS CORNER, VA, Oct. 19, 2016 — Raytheon (NYSE: RTN) has received the 2016 Industrial Award from the Air Traffic Control Association in recognition of the company’s work in air traffic control modernization efforts, GovCon Executive reported Tuesday. The company said Monday ATCA presented the award during the organization’s 61st Annual Conference and …

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Reuters: Japan Eyes $1B Ballistic Missile Defense Investment in Response to North Korea’s Rocket Tests

Japan looks to accelerate a $1 billion investment toward its ballistic missile defense systems in response to North Korea’s rocket tests that government personnel believe may lead to the future fielding of a medium-range missile, Reuters reported Monday. Nobuhiro Kubo and Tim Kelly write outlays on a budget request for the year include …

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DoD Certifies GPS III Ground Control System Program to Congress

TYSONS CORNER, VA, Oct. 18, 2016 — The Defense Department has cleared the U.S. Air Force and prime contractor Raytheon (NYSE: RTN) to proceed with the GPS III Operational Control System program following certification by Pentagon acquisition chief Frank Kendall, ExecutiveBiz reported Monday. DoD News reported Friday Kendall certified the program …

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October 14 Market Close: GovCon Index Flat on Even Gainer-Lagger Split, Posts 3rd Straight Weekly Loss

Executive Mosaic’s GovCon Index held flat Friday despite gains in the larger U.S. stock market on positive bank earnings reports and Federal Reserve Chair Janet Yellen’s comment that the country may be able to handle a “high pressure” economy with a tight labor market. Friday’s gain was not enough to lift the GovCon Index into positive over …

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