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Tag Archives: rtn

Raytheon Votes to Raise Dividend Payout

The board of directors at Raytheon (NYSE: RTN) approved an increase to boost the firm’s first annual dividend payout rate by 15 percent from $1.50 to $1.72 per share. According to the firm, “the board also authorized payment of a quarterly cash dividend of $0.43 per outstanding share of common …

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Raytheon Books Lucrative Missile Defense Deal

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a modification to decrease contract N00024-07-C-6119, CLIN 0004, by $72, 306, 105 from $229, 900, 477 to a new total value of $157, 594, 372.  The modification is to reduce the quantity of Standard Missile-3 Block IA missiles …

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Boeing, Raytheon Pick Up Air Force Deal

According to the Department of Defense, “Boeing (NYSE: BA) (FA8651-11-D-0035), and Raytheon (NYSE: RTN) (FA8651-11-D-0036), are being awarded a $20, 000, 000 cost-plus-fixed-fee contract for integrated precision ordinance delivery system (IPODS) Phases II-IV; research and development.  Work will be performed in St. Louis, Mo., and Tucson, Ariz.  Contract funds will …

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Raytheon BBN Technologies Secures Research Funding for Military Internet Safeguards

Raytheon (NYSE: RTN) subsidiary BBN Technologies won $1.9 million in defense research funding for the development of safeguards for military Internet communications abroad. The firm would propose a solution that “incorporates several innovative approaches, including novel routing and packet delivery techniques and new methods to increase security.” “Raytheon BBN Technologies …

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Raytheon Rolls Out Communications Solution

Raytheon (NYSE: RTN) has launched the new Audio Connect Unit-5000 that “provides the ability to connect a greater number of channels to enable seamless communication among first responders.” The solution is able to patch together a dozen communications channels to form “interoperability nets”, functioning much like a conference call, across …

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Raytheon Teams with West Point Cadets to Study Insider Threat

Raytheon (NYSE: RTN) and the U.S. Military Academy at West Point are working together on a study about insider threats on war front lines. According to the firm, “cadets from West Point’s department of electrical engineering and computer science are conducting a study to determine how insiders typically attack within …

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Raytheon Books Order for Helicopter Infrared Imaging System

Raytheon (NYSE: RTN) claimed a $42 million Air Force contract to provide additional AN/AAQ-29A forward looking infrared imaging systems for Pave Hawk HH-60G helicopters. Deliveries are expected to be in place by February 2013. The AN/AAQ-29A systems will replace the existing AN/AAQ-16 FLIR. “These new systems will give our customers …

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Raytheon Wins Air Force Work

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $14, 554, 690 cost-plus-fixed-fee contract for modeling, building and testing of a single channel transceiver to demonstrate improvements in the Identification at Range Integrated Sensor Program.  Work will be performed in El Segundo, Calif.  AFRL/PKSE, Wright-Patterson Air …

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Raytheon to Overhaul Radar at Manchester Airport

Raytheon (NYSE: RTN) will replace the radar system at Manchester Airport in the United Kingdom as part of an extension to NATS’ Radar Site Services program. The project will provide NATS with “commonality across its en route surveillance infrastructure and, in this case, provide the same equipment being supplied to …

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Raytheon Wins Missile Defense Contract

According to the Department of Defense, “the Missile Defense Agency is announcing the award of a sole-source cost-plus-award-fee contract to Raytheon (NYSE: RTN).  The total award value is $75, 000, 000.  Under this contract, Raytheon Missile Systems will serve as the all up round design agent providing the engineering development, …

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