Tag Archives: rtn

Raytheon Submits Proposal to Army

Raytheon (NYSE: RTN) has submitted its Common Infrared Countermeasures proposal to the U.S. Army. “We are an experienced contender and have made a significant investment for this type of technology development, ” said Mike Booen, Raytheon’s vice president of the Advanced Security and Directed Energy Systems product line. “Ever since the U.S. …

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Raytheon Secures Army Contract

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded a $25, 471, 855 firm-fixed-price contract.  The award will provide for the Foreign Military Sale of driver’s vision enhancer and commander vision enhancer for the Saudi Arabian National Guard.  Work will be performed in Dallas, Texas, with an estimated …

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Bechtel, Raytheon, URS, Parsons to Work on Defense Threat Reduction Agency Project

According to the Department of Defense, “Bechtel National, Parsons, Raytheon (NYSE: RTN) and URS Federal Services (NYSE: URS) are each being awarded a multiple award indefinite-delivery/indefinite-quantity contract to provide integration services supporting the Defense Threat Reduction Agency’s Cooperative Threat Reduction Program.  The maximum estimated combined total of all four contracts …

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Raytheon CEO Swanson ‘Very Pleased’ with Financial Results

Raytheon (NYSE: RTN) announced first quarter 2011 Adjusted EPS of $1.38 per diluted share compared to $1.25 per diluted share in the first quarter 2010 a 10 percent jump from the same period last year. “I am very pleased with the company’s solid performance in the quarter, particularly given the …

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Raytheon BBN Technologies Books $10 Million in Defense Funding

Raytheon’s (NYSE: RTN) BBN Technologies has been awarded $10 million in defense funding to “develop technical solutions that will help maintain command and control systems’ superiority.” “Government operations rely on large-scale, distributed and complex computer systems to complete their missions successfully, ” said John Zinky, principal investigator, Raytheon BBN Technologies. …

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Tuesday DoD Winners Include Raytheon, General Dynamics

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded an $8, 255, 265 firm-fixed-price contract.  The award will provide for the procurement of the Block LA-2 M982 Excalibur Unitary 155mm precision engagement projectile for Canada.  Work will be performed in Tucson, Ariz.; McAlester, Okla.; Farmington, N.M.; Niceville, Fla.; …

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Raytheon Inks $58 Million Missile Deal

Raytheon (NYSE: RTN) secured a $58.3 million contract to cover funding for for Patriot Guidance Enhanced Missile-Tactical, or GEM-T, missiles. According to the firm, “the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., issued the contract to upgrade 131 Patriot Advanced Capability-2 missiles to the GEM-T configuration. This is …

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Raytheon Inks Air Force Radar Work

Raytheon (NYSE: RTN) Technical Services won an Air Force Cobra Dane radar systems contract worth a potential $65 million to cover maintenance operations, radar sustainment, systems engineering and integrated logistics support. “The Cobra Dane radar system is a key platform supporting the Air Force and Missile Defense Agency, and Raytheon’s …

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Raytheon Books Navy Deal

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded an $84, 763, 767 modification to a previously awarded firm-fixed-price contract (N00019-09-C-0052) to exercise an option for the procurement of 87 full rate production Lot 13 AN/ALR-67(V)3 radar warning receivers for the U.S. Navy (77) and the government …

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Raytheon Claims $173 Million Excalibur Contract

Raytheon (NYSE: RTN) received a $173 million deal from the Army to fund production of Excalibur precision-guided projectile rounds for in-theater use. According to the firm, “Excalibur is a 155 mm precision-guided artillery round with extended range that is currently in use with the U.S. Army and Marine Corps. Using …

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