Tag Archives: rtn

A team led by Dynetics’ technical solutions business will develop prototypes of the Common-Hypersonic Glide Body system under a potential three-year, $351.6M other transaction agreement with the U.S. Army.

Raytheon (NYSE: RTN) has received a $74.1M U.S. Navy contract modification for pre-operational support work on the Next Generation Jammer-Mid Band, an electronic attack technology designed to jam signals and track multiple targets simultaneously.

Ellen Lord, defense undersecretary for acquisition and sustainment and a 2019 Wash100 winner, said the Department of Defense sees “no major concerns” with the proposed merger of Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX), Defense One reported Monday.

Todd Probert, vice president for Raytheon’s (NYSE: RTN) intelligence, information and services business, said the U.S. military should focus first on data management and talent recruitment efforts before leveraging the predictive and analytic capabilities of artificial intelligence, C4ISRNET reported Friday.

The U.S. Army could pick a vendor in September to produce the Lower-Tier Air and Missile Defense Sensor system, Breaking Defense reported Friday.

Mark Heck, a more than two-decade business development and operations executive, has been named vice president of defense and intelligence business unit at Falls Church, Va.-based management consulting firm Suntiva.

A McAleese and Associates report says Raytheon (NYSE: RTN) recorded $9.5B in new orders during the second quarter of 2019 with a book-to-bill ratio of 1.3x.

The U.S. Air Force has selected Raytheon (NYSE: RTN) to develop two prototypes of a High Energy Laser Weapon System for experimental use under a $23.8M sole-source contract. Raytheon will aim to complete the HELWS project by Nov. 1 of next year, the Department of Defense said Friday.

Raytheon (NYSE: RTN) and other companies are studying the potential use of artificial intelligence and machine learning in weather-related applications, Bloomberg reported Sunday.

Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) will build competing prototypes of a 50 kilowatt-class laser weapon system for Stryker vehicles under a potential $203M other transaction authority agreement secured by Kord Technologies from the U.S. Army.