Tag Archives: rtn

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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Raytheon Moves Forward with $2.5 Billion Army Project

Raytheon’s (NYSE: RTN) Technical Services Company LLC secured a contract from U.S. Army Forces Command contract to cover work on an expedited process for operational customers in the Army and Department of Defense. The five-year ID/IQ carries a ceiling value of $2.5 billion. The Operations, Planning, Training and Resource Support …

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Raytheon Inks Navy Deal

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $12, 296, 316 indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract for AIM-9X integrated logistics support for the Navy, Air Force, and the governments of Singapore, Australia, Denmark, Finland, Turkey, South Korea, Saudi Arabia, Switzerland and Poland.  Work will be performed in …

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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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