Home / Tag Archives: tomahawk

Tag Archives: tomahawk

Raytheon Records 5.5% Increase in Net Sales, $8.7B in Bookings for Q2 2018

Raytheon (NYSE: RTN) recorded $6.6 billion in net sales for the second quarter of fiscal 2018, reflecting a 5.5 percent increase from the same period last year. The company said Thursday it logged $8.7 billion in Q2 bookings and $1.2 billion in operating cash flow related to second-quarter continuing operations. The …

Read More »

General Dynamics Electric Boat Taps BAE to Produce Payload Tubes for Navy Virginia-Class Block V Subs

TYSONS CORNER, VA, June 7, 2018 — BAE Systems has received a contract from General Dynamics‘ (NYSE: GD) Electric Boat business to deliver eight payload tubes designed to support increased firepower on two U.S. Navy Block V Virginia-class submarines, ExecutiveBiz reported Wednesday. BAE said Tuesday it will deliver Virginia Payload Module tubes, which work …

Read More »

Raytheon Lands Tomahawk Missile Depot Maintenance Work in Support of US, UK

TYSONS CORNER, VA, March 27, 2018 — A Raytheon (NYSE: RTN) business unit will deliver lifecycle management and technical support to the U.S. Navy and U.K. government for the maintenance of a Tomahawk cruise missile depot facility under a $36.8 million contract, ExecutiveBiz reported Monday. The Defense Department said Friday the contract …

Read More »

Raytheon Eyes Increased Foreign Military Sales of Tomahawk Missiles

TYSONS CORNER, VA, Jan. 17, 2018 — Raytheon (NYSE: RTN) is exploring an expansion on the sale of its Tomahawk cruise missiles to foreign military customers beyond the U.K. to help establish the company’s position in a future U.S. Navy procurement program, ExecutiveBiz reported Tuesday. Seapower Magazine reported Jan. 10 Raytheon …

Read More »

Raytheon Receives $119M Integration Support Order for Navy Tomahawk Block IV Missiles

Raytheon (NYSE: RTN) has secured a delivery order to help the U.S. Navy integrate seeker suite technology and processing components into the latest variant of Tomahawk cruise missiles. The Defense Department said Wednesday the company will conduct analysis, trade studies, architecture, modeling, simulation development, evaluation and prototyping activities in support of the Tactical …

Read More »

Raytheon Expands NM Missile Parts Production & Storage Facility With New Warehouse

TYSONS CORNER, VA, April 26, 2017 — Raytheon (NYSE: RTN) has unveiled a new 30,000-square-foot, $5 million warehouse near Farmington, New Mexico, that serves to expand an existing 95,000-square-foot production and storage facility in Dine, ExecutiveBiz reported Tuesday. The company said Monday the overall facility houses missile parts in support of …

Read More »

UK Defense Ministry Awards BAE $1.8B Nuclear Submarine Construction Contract

BAE Systems has received a potential $1.79 billion contract from the U.K.’s defense ministry to design and build a nuclear-powered attack submarine for the British navy. BAE said Wednesday that Agamemnon will be the sixth of seven Astute-class submarines to be constructed at a company facility in Cumbria, England. Each Astute-class submarine is powered by a nuclear reactor and designed to launch …

Read More »

December 29 Market Close: GovCon Index Advances, US Stocks Turn Red After Russia Sanctions

Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned slightly negative as markets …

Read More »

Raytheon Secures $304M Navy Contract for Tomahawk Block IV Cruise Missile Production

Raytheon (NYSE: RTN) has been awarded a $303.7 million contract to provide 214 Tomahawk Block IV vertical launch system missiles and spares to the U.S. Navy. The company will also produce Tomahawk spares for the U.K. government under the firm-fixed-price contract, the Defense Department said Wednesday. Work will occur at various locations …

Read More »

General Dynamics Taps BAE to Manufacture Virginia-Class Sub Payload Module Tubes

TYSONS CORNER, VA, Oct. 31, 2016 — BAE Systems has received a contract from General Dynamics‘ (NYSE: GD) Electric Boat subsidiary to manufacture payload module tubes for the U.S. Navy‘s Virginia-class Block V submarines, ExecutiveBiz reported Friday. The Virginia Payload Module features four payload tubes that will work to store and launch up …

Read More »