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Tag Archives: Raytheon

Raytheon Gets $288M Contract Modification to Update Navy’s Close-In Weapon System

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $288 million contract modification to continue to provide conversion,  system overhaul and upgrade services as well as related hardware for MK 15 Close-In Weapon Systems. The military branch exercised options on a previously awarded contract and obligated $64.6 million at the time of …

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Dave Wajsgras: Raytheon Eyes Army Cyber Partnerships With New Augusta Facility

TYSONS CORNER, VA, Aug. 3, 2016 — Raytheon (NYSE: RTN) has established a new facility in Augusta, Georgia to provide information technology security services to the Army Cyber Command and other Defense Department components,  ExecutiveBiz reported Monday. The cyber center was built as part of the company’s push to extend its security offerings to the Fort …

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Raytheon Lands $524M SM-3 Block IB Missile Contract Option

The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a $524 million contract option to produce, test and deliver up to 52 Standard Missile-3 Block IB weapon systems to MDA. It represents the first of three option years under a potential $2.3 billion contract modification announced on Dec. 18 last year, the Defense Department said …

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Christopher Cambria Named Mercury Systems SVP, General Counsel & Secretary

Christopher Cambria, formerly vice president, general counsel and secretary of Aerojet Rocketdyne Holdings (NYSE: AJRD), has joined Mercury Systems (Nasdaq: MRCY) as senior VP, general counsel and secretary at the Massachusetts-based processing subsystems producer. He will report directly to President and CEO Mark Aslett and oversee all legal and regulatory aspects of Mercury’s corporate …

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August 2 Market Close: GovCon Index Down on Boeing & Services Stock Losses, Harris Jumps 2% on Jana Partners Board Pact

Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 points to 82.184 and five of the GCI’s 11 S&P 500-listed stocks …

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August 1 Market Close: GovCon Index Lifted on Engility, General Dynamics & Cubic Gains

Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 …

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August 1 Morning Report: GovCon Index Posts Friday Decline, Ends July With 5.58% Gain

Executive Mosaic’s GovCon Index closed Friday down 0.065 points to 82.248 to post weekly and monthly gains of 0.460 points and 5.58 percent, respectively. The Index remained in neutral range following second-quarter earnings reports from government contractors such as Raytheon (NYSE: RTN), L-3 Communications (NYSE: LLL) and Leidos (NYSE: LDOS). Top GovCon Index Net Gainers Symbol Company …

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July 29 Market Close: GovCon Index Holds in Neutral, Ends July in Green

Executive Mosaic’s GovCon Index remained stuck in neutral range for a second consecutive session Friday as investors continued to gauge second quarter earnings reports from government contractors with additional statements due next week. The GovCon Index nudged down 0.065 points to 82.248, which puts the GCI at respective gains of 0.460 points for the …

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Weekly Roundup July 25 – July 29 2016: Defense Tech Makers Show Life in 2Q Earnings & more

July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors’ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven contractors …

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Raytheon to Support DISA Joint System Engineering & Integration Office

TYSONS CORNER, VA, July 29, 2016 — Raytheon (NYSE: RTN) will support the Defense Information Systems Agency‘s joint system engineering and integration office under a $40 million indefinite-delivery/indefinite-quantity contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the contract runs through July 2021 and covers work at DISA’s facility in Arlington, Virginia. …

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