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Tag Archives: Raytheon

Raytheon, Kongsberg to Jointly Develop ‘Over-the-Horizon’ Weapon System for Navy

TYSONS CORNER, VA, June 5, 2018 — Raytheon (NYSE: RTN) and Kongsberg Gruppen will develop a missile system designed for over-the-horizon defense of the U.S. Navy‘s littoral combat ships and frigates under a potential $847.6 million contract from the service branch, ExecutiveBiz reported Monday. The Navy selected the companies’ Naval …

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Raytheon to Build $100M Future Radar Production Facility in Mississippi

TYSONS CORNER, VA, June 4, 2018 — Raytheon (NYSE: RTN) is investing $100 million to build a radar production facility in Mississippi that will build, test and integrate S-band radars for programs such as the U.S. Navy’s AN/SPY-6 Air and Missile Defense Radar, ExecutiveBiz reported Friday. The company said Thursday …

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Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories

Weekly Roundup May 28 – June 1, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Platform Companies: A May Overview As we look back at May, I’d like to highlight some …

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Raytheon Gets Potential $848M Contract to Help Navy Build ‘Over-the-Horizon’ Weapon System

Raytheon (NYSE: RTN) has secured a potential $847.6 million contract to produce an “over-the-horizon” weapon system for the U.S. Navy‘s littoral combat and frigate ships. OTH-WS will consist of a fire control suite and launching mechanisms with encanistered missiles, the Defense Department said Thursday. The firm-fixed-price contract has a $14.8 …

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PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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Kratos Microwave Electronics Gets ‘4-Star’ Honors as Supplier to Raytheon IDS

TYSONS CORNER, VA, May 31, 2018 — A Kratos Defense and Security Solutions (Nasdaq: KTOS) division has received recognition for its performance as a supplier to Raytheon‘s (NYSE: RTN) integrated defense systems business, ExecutiveBiz reported Wednesday. Kratos said Tuesday its microwave electronics division earned “4-Star” honors at Raytheon IDS’ Supplier Excellence Conference through …

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Raytheon Ranks No. 4 in Cyber Company Rankings; Dave Wajsgras Comments

TYSONS CORNER, VA, May 31, 2018 — Raytheon (NYSE: RTN) has placed fourth in Cybersecurity Ventures’ 2018 Cybersecurity 500 list of innovative cyber companies due to its partnerships, education programs, international growth and contract wins, ExecutiveBiz reported Tuesday. The company said Tuesday its win of the Department of Homeland Security‘s Development, Operations and Maintenance …

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Diane Epstein Joins Ensco’s National Security Division as Business Development, Capture Director

Diane Epstein, a former capture manager at Raytheon (NYSE: RTN), has joined Ensco as director of business development and capture at the Falls Church, Va.-based contractor’s national security division. She will oversee Ensco’s efforts to identify business opportunities and establish customer relationships in the defense and intelligence sectors, the company said Wednesday. Vernon Joyner, …

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Report: Sweden to Finalize Potential $3B Purchase of Raytheon’s Patriot Missile Defense System

Sweden is close to finalizing a potential $3 billion purchase of Raytheon‘s (NYSE: RTN) Patriot missile defense system within the coming weeks, Reuters reported Wednesday. Joakim Lewin, the Army Design Office head at the Swedish Materiel Administration, told the news agency that Sweden will seek the approval of the U.S. for the …

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Raytheon’s Brian Baldrate: ITAR Compliance Key to Build International Business

TYSONS CORNER, VA, May 22, 2018 — Brian Baldrate, vice president and general counsel for Raytheon‘s (NYSE: RTN) international and Washington, D.C., operations, has said the company looks at a supplier’s compliance with the International Traffic in Arms Regulations to guide decisions on business opportunities as a prime contractor for …

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