Tag Archives: rtn

DoD Approves Sale of Raytheon SM-6 Missiles to International Clients

TYSONS CORNER, VA, Jan. 12, 2017 — Raytheon‘s (NYSE: RTN) Standard Missile – 6 has been approved by the Defense Department to be sold to several international customers that seek to use the missiles to support their shipbuilding programs, ExecutiveBiz reported Wednesday. The company said Tuesday SM-6 is designed to provide naval ships with …

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January 10 Market Close: GovCon Index Moves Narrowly Green, S&P 500 Closes at No Change

Executive Mosaic’s GovCon Index traded narrowly higher Tuesday with help from middle-tier and government services companies to offset losses by large primes as U.S. stocks recorded another mixed session that saw industrials lag and healthcare stocks climb. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as five of its 11 S&P …

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Raytheon Receives USAF Modification for System Verification Test Support FMS Deal

TYSONS CORNER, VA, Jan. 5, 2017 — The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $9.1 million contract modification to provide system verification test services to Qatar’s air and missile defense operations center as part of the foreign military sales program, ExecutiveBiz reported Wednesday. The company’s integrated defense systems sector will …

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Boeing to Help Integrate Navy EA-18G Jammer Pods Under $308M Contract Modification

Boeing (NYSE: BA) has received a $308.3 million contract modification from the U.S. Navy to support the engineering change proposal integration of jammer pods onto EA-18G Growler aircraft. The Defense Department said Thursday the company will provide necessary equipment for system integration laboratories; design and manufacture 12 ECP 6472 A kits; and integrate, demonstrate and …

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December 29 Market Close: GovCon Index Advances, US Stocks Turn Red After Russia Sanctions

Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned slightly negative as markets …

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Raytheon, CSRA, General Dynamics, Leidos Partner to Pursue Army Global Training Equipment Support Contract

TYSONS CORNER, VA, Dec. 29, 2016 — Raytheon (NYSE: RTN), CSRA (NYSE: CSRA), General Dynamics (NYSE: GD), Leidos (NYSE: LDOS) and 17 small businesses have formed a team to bid for a contract to maintain U.S. Army training devices and digital ranges across the globe, ExecutiveBiz reported Wednesday. Raytheon said Tuesday the team will offer …

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Raytheon Secures $600M Intl Patriot Missile Defense System Upgrade Contract

Raytheon (NYSE: RTN) has received a contract worth approximately $600 million to update the Patriot integrated air and missile defense system of an unidentified country. The company said Thursday the direct commercial sales contract covers Configuration 3+ Post Deployment Build 8 software and hardware suite. Altogether, the 13 countries that own and operate Patriot …

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Raytheon Secures $304M Navy Contract for Tomahawk Block IV Cruise Missile Production

Raytheon (NYSE: RTN) has been awarded a $303.7 million contract to provide 214 Tomahawk Block IV vertical launch system missiles and spares to the U.S. Navy. The company will also produce Tomahawk spares for the U.K. government under the firm-fixed-price contract, the Defense Department said Wednesday. Work will occur at various locations …

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Raytheon to Produce Stinger Missiles, Captive Flight Trainers Under $208M Navy FMS Contract

The U.S. Navy has awarded a Raytheon (NYSE: RTN) business unit a $207.9 million foreign military sale contract to manufacture Stinger FIM-92H and FIM-92F Block 1 missiles and associated equipment for three international customers. Raytheon Missile Systems will also deliver captive flight trainers, other training devices and related spares and components to Qatar, …

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December 28 Market Close: GovCon Index Falls, Primes Lead Losses

Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks …

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