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Tag Archives: Raytheon

October 6th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued for its sixth consecutive day of gains, to close up 0.032 percent to 109.193 with advancing and declining shares pretty well split even. The markets showed marginal movement closing mixed, with the S&P500 closing down 0.11 percent to 2,549.33, while the DJIA also moved down closing …

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Todd Ernst to Succeed Michael Cody as Raytheon Corporate Devt VP

Todd Ernst, vice president of investor relations at Raytheon (NYSE: RTN), has been promoted to VP of corporate development in a move that takes effect Nov. 6. He will oversee Raytheon’s mergers-and-acquisitions program in addition to his current responsibilities and succeed Michael Cody, who will retire as corporate development lead …

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Raytheon to Supply Qatar Joint Standoff Weapons Under $173M Navy FMS Deal

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $172.9 million “undefinitized” contract to supply joint standoff weapons, component parts and support equipment for spares to Qatar under a foreign military sales deal. Raytheon’s missile systems business will produce 200 AGM-154C Block III weapons and 212 containers as well as provide engineering and technical …

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State Dept OKs Australia’s Request for $815M in Small Diameter Bombs

The State Department has given Australia the green light to buy small diameter bombs, military equipment and related services from the U.S. government under a potential $815 million foreign military sales agreement. Raytheon (NYSE: RTN) is listed as the principal contractor in the FMS transaction that covers GBU-53/B Small Diameter Bomb Increment II, …

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Raytheon Offers Automotive Technician Training at New UK Apprenticeship Center

TYSONS CORNER, VA, Oct. 2, 2017 — Raytheon‘s (NYSE: RTN) professional services unit has opened a new facility in Doncaster, England, that will work to provide apprenticeship and training programs to automotive technicians in the U.K., GovCon Executive reported Friday. The company said Friday the national apprenticeship center will offer classroom and virtual …

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October 2nd Morning Report: GovCon Index and Indices all Positive for the 3rd Qrt.

The Executive Mosaic GovCon Index (GCI) ended the third quarter in the positive, up 11.71 points or 12.24 percent for the third quarter. The major indices were up for the fiscal year third quarter with all three indices reaching new highs. The S&P500 quarterly performance was up 90.35 points or 3.72 percent, while the DJIA …

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September 29th Market Close: GovConIndex Closes Up With the S&P500 and NASDAQ Setting New Records

  The Executive Mosaic GovCon Index (GCI) closed up 0.228 percent to 107.363 with advancing shares outpacing declining 2 to 1. The major indices closed up on the day with the S&P500 and NASDAQ Composite setting new records. The S&P500 increase was up 0.37 percent to 2,519.36, while the DJIA closed at 22,405.09 up 0.11 …

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Raytheon Lands $300M Contract to Produce TOW Missiles for Army, Marine Corps, FMS Customers

Raytheon (NYSE: RTN) has received a potential $300.1 million contract to provide tube-launched, optically-tracked wireless guided missiles to the U.S. Army, U.S. Marine Corps and three foreign military sales customers. The fixed-price-incentive contract includes TOW weapon purchases from Lebanon, Jordan and Morocco, the Defense Department said Thursday. Raytheon’s missile systems business unit will perform work …

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14 Firms Land Spots on $998M Air Force Weapon Systems R&D IDIQ

The U.S. Air Force has awarded 14 companies spots on a potential $998 million indefinite-delivery/indefinite-quantity contract to build weapon systems for the U.S. Air Force. Contractors will research, develop, test and evaluate weapon systems, subsystems and components under the shared multiple-award contract, the Defense Department said Wednesday. USAF obligated $1,000 in fiscal …

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Raytheon Secures $450M Air Force Contract for Small Diameter Bomb II Engineering Change Proposal

Raytheon (NYSE: RTN) has received a potential seven-year, $450 million contract from the U.S. Air Force to apply an integrated engineering change proposal to the Small Diameter Bomb II weapon. The Defense Department said Wednesday the contract covers design, development, integration, test and production engineering to modify the SDB II technical and production baseline. …

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