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02/27/17Raytheon demonstrates first ever geolocation capability for radar warning receiver
Single-ship geolocation enhances aircrew survivability EL SEGUNDO, Calif., Feb. 27, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) demonstrated, in a recent flight test, single-ship geolocation capability for the ALR-69A(V), a first for any radar warning receiver. The AN/ALR-69A(V) — the world's first all-digital radar warning receiver — enhances aircrew survivability, providing "sensors forward" situational awareness at lower costs than competing systems through simple software modi... 
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02/24/17Raytheon awarded contract to provide the State of Qatar with Early Warning Radar System
TEWKSBURY, Mass., Feb. 24, 2017 /PRNewswire/ -- Raytheon Co., Woburn, Massachusetts, has been awarded a $1,066,297,129 fixed-price, incentive-firm letter contract for a Qatar early warning radar system. Contractor will provide an early warning radar system that will be integrated into the Qatar integrated air and missile defense enterprise. Work will be performed at Woburn, Massachusetts, and is expected to be complete by June 30, 2021. This contract is 100 percent foreign military sales. This a... 
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02/16/17Raytheon developing first of its kind automated assessment system for 21st century wargame scenarios
Program determines best response against battlespace threats DULLES, Va., Feb. 16, 2017 /PRNewswire/ -- The U.S. Missile Defense Agency has awarded Raytheon Company (NYSE: RTN) a contract to develop an automated tool that assesses the effectiveness of using missiles and interceptors (kinetic) and cyber and electronic warfare (non-kinetic) weapons in wargames. The system automatically teaches participants which weapons to use in every possible scenario, ultimately better preparing warfighter... 
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02/13/17U.S., allies invest $202 million in Patriot Integrated Air and Missile Defense System
New investment will sustain highly skilled U.S. jobs TEWKSBURY, Mass., Feb. 13, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has begun work on enhancements to the combat-proven Patriot Air and Missile Defense System that will make the system more capable, and improve Patriot's already high readiness.  The U.S. Army Contracting Command issued the contract, which was funded by the 13 nations that rely on Patriot for their defense.  It was announced b... 
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02/08/17Raytheon, Utilidata to deliver defense-grade cybersecurity for utilities
Alliance formed to enhance power grid security and incident response DULLES, Va., Feb. 8, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Utilidata have formed a strategic alliance to help power utilities proactively detect, defend against and respond to cyber threats.  The effort will combine Utilidata's experience in the use of real-time data from the electrical grid to detect and respond to cyber attacks and Raytheon's expertise in pr... 
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02/04/17Next-gen Standard Missile-3 completes first intercept test
U.S. demonstrates enhanced capabilities of larger, more advanced missile defense interceptor PACIFIC MISSILE RANGE FACILITY, Hawaii, Feb. 4, 2017 /PRNewswire/ -- The U.S. Navy and Missile Defense Agency (MDA) have completed the first successful intercept flight test of a Raytheon Company (NYSE: RTN) Standard Missile-3 (SM-3) Block IIA, a defensive weapon designed to defeat short- to intermediate-range ballistic missile threats. Crew members onboard the USS John Paul Jones (DDG-53) launc... 
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01/31/17Raytheon, USAF developing new signal processor for AMRAAM
Refresh helps ensure modern air-to-air missile production into the next decade TUCSON, Ariz., Jan. 31, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force are developing a new signal processor for the Advanced Medium Range Air-to-Air Missile under the Form Fit Function Refresh program, or F3R. The refresh will help ensure AMRAAM production well into the 2020s.    The new program comes as the government and industry team completes production of the 20,000th AMRAAM. Wi... 
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01/30/17Raytheon executives to speak at Cowen and Company 38th Annual Aerospace/Defense & Industrials Conference on Feb. 8
WALTHAM, Mass., Jan. 30, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that Raytheon Chairman and CEO Thomas A. Kennedy and Raytheon Vice President and Chief Financial Officer Anthony F. O'Brien will speak at the Cowen and Company 38th Annual Aerospace/Defense & Industrials Conference on Wednesday, Feb. 8, 2017. Their presentation is scheduled to start at 9:15 a.m. EST, and their remarks will be audiocast live (listen-only mode) through the Raytheon website, http://ww... 
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01/26/17Raytheon Reports Strong Fourth Quarter and Full-Year 2016 Results
- Strong bookings of $7.6 billion in the quarter and a record $27.8 billion for the year; book-to-bill ratio of 1.21 in the quarter and 1.16 for the year - Fourth quarter net sales of $6.2 billion; full-year net sales of $24.1 billion, up 3.5 percent for the year - Fourth quarter EPS from continuing operations of $1.84; full-year EPS from continuing operations of $7.44 - Strong operating cash flow from continuing operations of $1.1 billion in the quarter and $2.9 billion for the year, i... 
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01/25/17Raytheon/Leonardo team withdraws from T-X competition
MCKINNEY, Texas, Jan. 25, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Leonardo have decided not to jointly pursue the U.S. Air Force Advanced Pilot Training program, known as T-X. The companies released the following statement: "In February 2016, Raytheon and Leonardo announced their intent to team on the T-X pursuit. While we remain confident that the T-100 is a strong solution, our companies were unable to reach a business agreement that is in the best interest of the U.S. Air For... 
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01/25/17Raytheon completes factory acceptance testing of flight operations system for NASA's James Webb Space Telescope
Milestone clears path for delivery of ground controls for planned 2018 launch AURORA, Colo., Jan. 25, 2017 /PRNewswire/ -- Raytheon (NYSE: RTN) completed factory acceptance testing of the flight operations system for the James Webb Space Telescope. With seven times the light-collecting power of its predecessor, the Hubble Space Telescope, this next-generation telescope will gather data and images of dust clouds, stars and galaxies deeper into space.   Over 800 requirements were successfu... 
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01/23/17U. S. Navy awards Raytheon $235 million for Standard Missile-6 production
Latest contract ushers in fourth year of full-rate production TUCSON, Ariz., Jan. 23, 2017 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company $235 million for Standard Missile-6 all-up round production missiles and spares. Raytheon will begin delivery in 2018. The missiles will be deployed on Aegis cruisers and destroyers to support U.S. Navy fleet operations. The award funds the fourth year of full-rate production for the multi-mission missile, which recently accomplished significa... 
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01/23/17Raytheon and Center for Cyber Safety and Education expand cybersecurity scholarships for women
Encouraging women to pursue cybersecurity degrees DULLES, Va., Jan. 23, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the Center for Cyber Safety and Education™ will offer six new scholarships this year to encourage women to pursue cybersecurity degrees. "Recent global surveys show young women see fewer opportunities in cyber careers than young men do," said Dave Wajsgras, president of Raytheon's Intelligence, Information and Services business. "If we can create a clear path to ... 
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01/18/17James A. "Sandy" Winnefeld, Jr. elected to Raytheon Board of Directors
WALTHAM, Mass., Jan. 18, 2017 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected James A. "Sandy" Winnefeld Jr. as a director, effective immediately. Winnefeld, 60, is a retired United States Navy admiral who served as the ninth Vice Chairman of the Joint Chiefs of Staff. He previously served as Commander, U.S. Northern Command (USNORTHCOM) and Commander, North American Aerospace Defense Command (NORAD). Winnefeld's operational commands include serving as Comma... 
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01/17/17Raytheon completes factory qualification testing of next-generation GPS Launch and Checkout System
System closer to delivering capabilities that will enhance GPS AURORA, Colo., Jan. 17, 2017 /PRNewswire/ -- Raytheon (NYSE: RTN) reached another milestone in developing the U.S. Air Force Global Positioning System Next-Generation Operational Control System, known as GPS OCX, with the completion of the Factory Qualification Test of the Launch and Checkout System (LCS). GPS OCX will unleash dramatically increased performance and security of the GPS system that benefits millions of people worl... 
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01/17/17Raytheon Company to release 2016 fourth quarter and full-year results on Jan. 26, 2017
WALTHAM, Mass., Jan. 17, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue  its 2016 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 26, 2017. The release will be posted on Raytheon's website. The 2016 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 26, 2017. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for... 
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01/11/17US Navy, Raytheon generate Tomahawk missile flight plans in real time to strike time-sensitive targets
Back-to-back flight tests demonstrate flexible, mission-critical planning SAN NICOLAS ISLAND, Calif., Jan. 11, 2017 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) completed two flight tests of the Tomahawk Block IV cruise missile, demonstrating how missions can now be planned in real time to strike time-sensitive targets. "Tomahawk's tactics and procedures have evolved to support the new missions that are being assigned to the weapon," s... 
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01/10/17Standard Missile-6 approved for international sales
Multi-role missile protects against airborne, ballistic threats TUCSON, Ariz., Jan. 10, 2017 /PRNewswire/ -- The U.S. Department of Defense has approved the release of Raytheon Company's (NYSE: RTN) Standard Missile-6 to several international customers. Many of the approved countries are seeking the multi-mission SM-6 to bolster their shipbuilding programs.   SM-6 currently provides U.S. Navy vessels with extended-range protection against fixed- and rota... 
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