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Tag Archives: rtn

Raytheon’s SLAMRAAM Passes Test

Raytheon’s (NYSE: RTN) Surface Launched Advanced Medium Range Air-to-Air Missile system, or SLAMRAAM, successfully destroyed an unmanned aerial vehicle target and intercepted a cruise missile target at a facility in the southwestern United States. According to the firm, “the limited user test-firing data will be used to validate key system …

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Raytheon Pens $177 Million FAA Modification

Raytheon (NYSE: RTN) won a $177 million contract modification from the FAA to continue deployment of the Standard Terminal Automation Replacement System as part of the FAA’s efforts to modernize terminal automation. STARS is an upgrade over the “capacity-constrained” terminal area air traffic control facilities within the National Airspace System. …

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Big Winners: 4 Deals for Lockheed, 3 for Raytheon

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $460, 375, 787 contract modification.  This contract modification to the engineering, manufacturing, and development contract for the Space Base Infrared System (SBIRS) revises the ground development and delivery strategy and ultimately implements a more flexible ground …

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Raytheon Hires Ron Stefano to Lead Mission Operations Solutions

Raytheon (NYSE: RTN) hired Ron Stefano to serve as VP, mission operations solutions for the firm’s Intelligence and Information Systems business. Stefano will lead financial performance, new business development and strategic planning for MOS. “Ron has a tremendous background in government information technology, leveraging innovative approaches and cutting-edge technology, ” …

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Raytheon Caps Winning Week with 5 More Deals

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $9, 000, 000 cost-plus-fixed-fee contract for technical support of the use of Advanced Medium-Range Air-to-Air Missile (AMRAAM) special test vehicles, special test equipment, and test positions to include AMRAAM modeling and simulation.  Work will be performed at …

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Raytheon Wins $312 in Funding to Cover SM-3 Block IB Development and Delivery

Raytheon (NYSE: RTN) secured a $312 million manufacturing contract from the Missile Defense Agency to cover work on the Standard Missile-3 Block IB program. T With the deal in place, the firm will complete development and delivery of the SM-3 Block IB program. “We expect to deliver the first flight …

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Thursday DoD Winners Include Raytheon, L-3

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $7, 552, 000 modification to previously awarded contract (N00024-10-C-5126) for class services engineering efforts supporting the Zumwalt-class destroyer program.  These efforts include total ship computing environment infrastructure software facility support, test and evaluation, and design solution engineering.  …

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5 DoD Deals Roll in for Raytheon

According to the Department of Defense, “the Missile Defense Agency is awarding a cost-plus-incentive fee modification to Raytheon (NYSE: RTN) for contract N00024-07-C-6119, CLIN 0016, for $312, 663, 118.  The modification is to manufacture 24 Standard Missile-3 Block IB missiles.  The work will be performed in Tucson, Ariz.  The period …

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ManTech, Raytheon Score Defense Contracts

According to the Department of Defense, “ManTech (NASDAQ: MANT) is being awarded a $17, 573, 244 modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00421-08-D-0008) to exercise an option for the procurement of warfare analysis, modeling and simulation, software development, and analytic program support for the Naval Air Systems Command’s Warfare …

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Raytheon Selects Mark Kula to Lead Tactical Airborne Systems

Raytheon (NYSE: RTN) named Mark Kula vice president of Tactical Airborne Systems at the firm’s Space and Airborne Systems business. Kula joins Raytheon with responsibility for TAS program and financial performance, new business capture, and strategic vision, planning and execution. “Mark brings an extensive knowledge of defense technology and information …

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