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Tag Archives: rtn

Raytheon Tests New Aircraft Weapon System

Raytheon (NYSE: RTN) completed several free-flight demonstrations of the Joint Standoff Weapon AGM-154-C from an F-16IN fighter aircraft. According to the firm, “JSOW is a family of low-cost, air-to-ground weapons that employs an integrated GPS- inertial navigation system and terminal infrared seeker that guide the weapon to the target. The …

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Raytheon Hits JLENS Milestone

Raytheon’s (NYSE: RTN) Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System program hit a milestone when it successfully transmitted from an elevated aerostat. “This milestone demonstrates another step in the maturing of our JLENS program as a game-changing capability for our warfighters to detect and defend against cruise …

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Raytheon, ATK Pick Up Army Deals

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded a $59, 994, 017 cost-plus-fixed-fee contract.  The award will provide for the support and sustainment, in all aspects, for the Rapid Aerostat Initial Deployment Legacy and Rapid Aerostat Initial Deployment Base Expeditionary Targeting and Surveillance Systems.  Work will be …

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Thursday DoD Winners Include Raytheon, Northrop Grumman

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $41, 989, 171 contract modification for the Solid Rocket Motor (SRM) warm line fiscal 2011 production requirement.  With the completion and shutdown of the Propulsion Replacement Program (PRP), Congress expressed the desire to maintain the critical skills …

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Raytheon Wins P-8A Deal from Boeing

Boeing (NYSE: BA) awarded Raytheon (NYSE: RTN) a deal for development of six long-range, multimission maritime and overland surveillance radars for the P-8A Poseidon aircraft. “Our APY-10 radar will provide Boeing with advanced technology built on generations of successful Raytheon radar systems, ” said Tim Carey, vice president for Intelligence, …

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Tuesday Defense Winners Include Raytheon, Lockheed, Digital Management

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $69, 804, 474 contract modification to cover sustaining services including logistics support, program management support, engineering services, repairs, spares and technical data in support of the C-130J unique systems.  This modification will exercise option two, years six …

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Raytheon Works with Baptist Health for SMART Capabilities

Raytheon (NYSE: RTN) will team with Baptist Health to provide Synergistic Medical and Resource Team (SMART) training to healthcare systems. SMART training prepares medical staffers to cut down on patient safety threats from human interactions and systemic errors. “In today’s changing healthcare environment, the act of balancing accurate treatment and …

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Raytheon Completes Applied Signal Technology Purchase

Raytheon (NYSE: RTN) has finalized its purchase of Applied Signal Technology, Inc. (Nasdaq: APSG). According to the firm, “based on information provided by BNY Mellon Shareowner Services, the depositary for the tender offer, approximately 12, 413, 103 shares, representing approximately 87.8 percent of AST’s outstanding shares, were validly tendered and …

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Lockheed Martin, Raytheon Pull Down 2 DoD Deals Each

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $6, 568, 270 modification to previously awarded contract (N00024-09-C-5101) to procure the secure voice system as part of the Aegis weapon system Aegis modernization upgrades.  The secure voice system is for DDG 53, CG 60, CG …

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Raytheon Pleased with Fiscal Results

Raytheon (NYSE: RTN) issued the following financial statement: “The firm announced fourth quarter 2010 Adjusted EPS of $1.57 per diluted share compared to $1.31 per diluted share in the fourth quarter 2009, up 20 percent.  The increase was primarily driven by operational improvements and capital deployment actions.  Fourth quarter 2010 …

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