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Tag Archives: Raytheon

Raytheon Lands $228M Army Contract Modification for Thermal Viewers, Assemblies

Raytheon (NYSE: RTN) has secured a $227.5 million contract modification from the U.S. Army to provide horizontal technology integration; forward looking infrared and independent thermal viewers; and servo electronics unit assemblies. The Defense Department said Monday Raytheon will perform work through Sept. 25, 2018, and the Army will determine work locations …

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3 Companies Could Vie for Army Contract on Air Soldier Helmet Mounted Display

TYSONS CORNER, VA, Aug. 3, 2017 — BAE Systems, Elbit Systems and Thales have been invited to attend the U.S. Army‘s presolicitation conference for the future procurement of the Common Helmet Mounted Display platform, ExecutiveBiz reported Wednesday. Jane’s 360 reported Tuesday the three companies are the likely candidates to provide the CHMD requirement for …

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August 2nd Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up slightly to 99.401, positive 0.008 percent. KBR topped the GCI posting strong Q2 earnings which resulted in a 8.29 percent gain on the day. Advancers and decliners were evening split. The major indices closed mixed. The S&P500 up 0.05 percent to 2,477.57, while the DJIA …

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Kurt Amend Named Raytheon Arabia Business CEO

Kurt Amend, president of Raytheon‘s (NYSE: RTN) operations in Saudi Arabia, has been named CEO of the Raytheon Arabia business. The company said Sunday the nearly three-year public and private sector veteran will oversee the unit’s business strategy and execution of defense-related projects in the Middle Eastern country. Amend’s appointment comes …

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July 31st Morning Report: Friday Close – GovConIndex Ends Week Up, With Markets Weekly Performance Mixed

The Executive Mosaic GovCon Index (GCI) ended the week up closing Friday at 99.374, advancing 1.0 percent from Monday’s open. The major indices closed mixed on Friday. The S&P500 gave back earlier gains from the week to close unchanged from the Monday open. The DJIA posted a 291 point gain for the …

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July 28th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up today at 99.374. Advancers outpaced by decliners today at 22 to 7. The major indices closed mixed on the day with the S&P500 closing down at 2,472.10, while DJIA closed up at 21,830.31. The NASDAQ Composite dropped again today, closing at 6,374.68. Crude oil …

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July 27th Market Close: GovConIndex Closes Down While the Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down today at 98.555, ending its five day positive streak. Advancers were outpaced by decliners today at 6 to 24. The major indices closed mixed on the day with the S&P500 closing down at 2,475.43, while DJIA closed up at 21,797.88. The NASDAQ Composite dropped …

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Raytheon Virtual SOC to Utilize Automated Cyber Incident Response Tool

TYSONS CORNER, VA, July 27, 2017 — Raytheon (NYSE: RTN) has partnered with CyberSponse to integrate the latter’s automated incident response and security orchestration technology into the defense company’s managed security services, ExecutiveBiz reported Wednesday. Raytheon said Tuesday its Virtual-Security Operations Center will utilize the CyberSponse platform in efforts to accelerate security operations and eliminate …

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USAF Awards Raytheon $75M Small Diameter Bomb Tech Support IDIQ

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a potential seven-year, $75 million contract to provide technical support services for a bomb technology designed to help fighter pilots destroy moving targets. Raytheon’s missile systems unit will perform lifecycle technical support under the engineering, manufacturing development, production and sustainment phases of …

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July 18th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to slid for the second consecutive day closing down 0.425 percent to 97.396. Decliners outpaced advancers 2 to 1. The major indices closed mixed with the S&P500 up and the NASDAQ Composite reaching new record highs while the DJIA closed down . The markets await …

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