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Tag Archives: Raytheon

Report: Army Taps 4 Firms for Patriot Radar Replacement Concept Design Contracts

The U.S. Army has awarded separate contracts to four companies to develop concept designs that will be used to determine the requirements for a new platform to replace its Patriot air-and-missile defense radar system, Defense News reported Wednesday. Contract recipients include Raytheon (NYSE: RTN), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) …

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Raytheon’s New Engineering Facility in NM to Support Telemetry Systems Manufacturing

TYSONS CORNER, VA, Oct. 18, 2017 — Raytheon (NYSE: RTN) has unveiled a new facility in Albuquerque, New Mexico, that will serve to provide engineering support for range monitoring and telemetry systems production, ExecutiveBiz reported Tuesday. The company said Monday the engineering hub at the Sandia Science and Technology Park aims to …

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Angela Butler Joins Sevatec as Federal Civilian BD VP

Angela Butler, a more than 20-year government information technology market veteran, has been named vice president of business development for the federal civilian practice at national security services contractor Sevatec. Sevatec said Wednesday Butler will oversee strategic growth and strategy across Sevatec’s federal civilian accounts in her new role. She previously served as federal …

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October 16th Market Close: GovConIndex Closes Down While Major Indices Set New Highs

The Executive Mosaic GovCon Index (GCI) closed down 0.195 percent to settle at 109.179 as declining shares outpaced advancing almost 3 to 1. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.18 percent to 2,557.64, while the DJIA was approaching the 23,000 mark settled at 22,956.96 …

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Raytheon’s Joint Standoff Weapon C-1 Variant Deployed to Navy After FOC Designation

TYSONS CORNER, VA, Oct. 16, 2017 — Raytheon (NYSE: RTN) latest Joint Standoff Weapon system variant has reached full operational capability under the U.S. Navy in support of its deployment to the fleet, ExecutiveBiz reported Friday. The Navy said Wednesday the network-enabled JSOW C-1 air-to-ground weapon, which has already been fielded to all …

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October 12th Market Close: GovConIndex Closes Up Reverse to the Major Indices Closing Down

The Executive Mosaic GovCon Index (GCI) moved upward to close at 109.761, up 0.376 percent with advancing shares outpacing declining 21 to 8. The three major indices all closed negative with the S&P500 down 0.17 percent to 2,550.93, while the DJIA closed at 22,841.01 off 0.14 percent, and the NASDAQ Composite declined 0.18 …

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Raytheon Picked as Payload Provider for WorldView Legion Satellite Constellation

TYSONS CORNER, VA, Oct. 12, 2017 — Raytheon (NYSE: RTN) will supply electronics, detectors and telescopes that will work to increase the capacity and mission life of DigitalGlobe‘s future WorldView Legion satellite constellation, ExecutiveBiz reported Wednesday. Raytheon said Tuesday it will deliver the payloads to WorldView Legion space vehicle integrator Space Systems Loral in …

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Jean Milbrandt Succeeds Mark Kontos as Mitre CFO

Jean Milbrandt, formerly director of business operations at Mitre, has been promoted to vice president and chief financial officer of the nonprofit corporation. Mitre said Tuesday Milbrandt succeeds the retiring Mark Kontos and aims to help maintain the company’s position as manager of federally funded research and development centers. “Jean blends a long background …

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Raytheon Works on Missiles, Cyber, Other Tech for Warfighter Readiness

TYSONS CORNER, VA, Oct. 10, 2017 — Raytheon (NYSE: RTN) is looking into new and updated technologies that will work to advance the readiness of the U.S. Army for future battlefield operations, ExecutiveBiz reported Monday. The company said its technology development efforts in support of warfighter readiness are focused on the …

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Launch of 1st Joint Polar Satellite System Set for Nov. 10

TYSONS CORNER, VA, Oct. 10, 2017 — NASA and the National Oceanic and Atmospheric Administration have scheduled the launch of the first Joint Polar Satellite System on Nov. 10 to begin its mission to support weather forecasting operations, ExecutiveBiz reported Monday. The space agency said Saturday JPSS-1, which is equipped with instruments …

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