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Tag Archives: Raytheon

Lockheed-Raytheon JV Awarded $134M to Supply 3 FMS Clients With Javelin Equipment

A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has received a five-year, $133.9 million contract modification from the U.S. Army for the delivery of Javelin equipment and associated parts to three foreign military sales customers. The Defense Department said Tuesday Javelin Joint Venture will provide non-recurring engineering services …

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Raytheon Eyes Expansion & Job Creation in Albuquerque, New Mexico

TYSONS CORNER, VA, Aug. 15, 2017 — Raytheon (NYSE: RTN) aims to generate 60 new manufacturing jobs in New Mexico over the next six years with the expansion of its 103,000-square-foot facility at the Sandia Science and Technology Park in Albuquerque, ExecutiveBiz reported Monday. Albuquerque Business First reported Friday that the state …

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August 14th Morning Report: Friday Close – Markets End Week Stable and to the Positive

Markets closed Friday to the positive after a geopolitically charged week of ups and downs. The Executive Mosaic GovCon Index (GCI) reversed its downward trend to close Friday up 0.370 percent to 100.301. Advancing shares outpaced decliners 2 to 1. Friday’s close had Vectrus leading the GCI with trading volumes of more than twice the average …

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August 11th Market Close: Green Across the Board, GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) reversed its downward trend from yesterday to close up 0.370 percent to 100.301. Advancing shares outpaced decliners 2 to 1. Vectrus topped the GCI on trading volumes of more than twice the average daily volume. The major indices closed up slightly today with the S&P500 advancing 0.13 percent to 2,441.32, while DJIA moved up by 0.07 percent to  21,858.32, and the NASDAQ Composite increased by 0.64 percent. Crude oil also advanced on …

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Executive Mosaic’s Weekly GovCon Round-up: Army Budget, Modernization, John Hillen and more

Weekly Roundup August 07 – August 11 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson At the tail-end of May the Department of Defense released its FY 2018 budget request, while the Comptroller of the Department of Defense published the Defense Budget Overview, …

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August 9th Market Close: GovConIndex Closes Up While Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed up 0.144 percent to 100.857. Advancers and decliners split even on the day. The major indices responded to heightened tensions between the U.S. and North Korea and closed slightly down for the day. The S&P500 off 0.04 percent while DJIA moved downward by 0.17 percent, and …

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Raytheon Continues BMD Support to MDA Under $66M SM-3 Block IIA Contract Modification

TYSONS CORNER, VA, Aug. 9, 2017 — A Raytheon (NYSE: RTN) business unit will continue its test and integration support for the Missile Defense Agency‘s ballistic missile defense system under a $66.4 million modification to the Standard Missile-3 Block IIA contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the award to Raytheon Missile …

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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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