| Date | Title | | | 12/30/10 | Raytheon Company Commences Tender Offer for All Shares of Applied Signal Technology, Inc.| WALTHAM, Mass., Dec. 30, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) is commencing today, through its wholly-owned subsidiary RN Acquisition Company, a cash tender offer to purchase all of the outstanding shares of common stock of Applied Signal Technology, Inc. (Nasdaq: APSG).
Raytheon announced on Monday, Dec. 20, 2010 that it had entered into a merger agreement with Applied Signal. Upon successful completion of the tender offer, shareholders of Applied Signal will receive... |
|  | | 12/29/10 | Raytheon Receives $52 Million U.S. Navy Contract to Retrofit Radars| El SEGUNDO, Calif., Dec. 29, 2010 /PRNewswire via COMTEX/ --Naval Air Systems Command has awarded a $52 million contract to Raytheon Company (NYSE: RTN) to produce APG-79 Active Electronically Scanned Array (AESA) radars for F/A-18 Super Hornet tactical aircraft.
These AESA radars provide the U.S. Navy with the most advanced technology available, including enhanced capabilities that allow aircrews to detect and identify targets beyond the reach of most missiles. This long-range capability a... |
| | | 12/22/10 | Raytheon Company Recommends Rejection of Below-Market Mini-Tender Offer for Raytheon Shares by TRC Capital Corporation| WALTHAM, Mass., Dec. 22, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has received notice of an unsolicited "mini-tender offer" by TRC Capital Corporation to purchase from Raytheon Company shareholders up to two million shares of Raytheon Company common stock, representing approximately 0.5 percent of Raytheon's outstanding shares, at a price of $43.00 per share in cash. TRC Capital's offer price represents approximately a 4.4 percent discount to the $44.96 closing price of Raythe... |
| | | 12/21/10 | Raytheon BBN Technologies Awarded Defense Funding to Advance Optical Communications and Imaging| CAMBRIDGE, Mass., Dec. 21, 2010 /PRNewswire via COMTEX/ --Raytheon BBN Technologies, a wholly owned subsidiary of Raytheon Company (NYSE: RTN), has been awarded $2.1 million in funding by DARPA (the Defense Advanced Research Projects Agency) for two projects under the Information in a Photon, or InPho, program.
The goal of the two projects is to develop new theory and experimental techniques that enable optical communications and imaging systems to operate at their ultimate limits of inform... |
| | | 12/20/10 | Raytheon Company Announces Agreement to Acquire Applied Signal Technology, Inc.|
- Acquisition enhances Raytheon's capabilities across the full spectrum of integrated sensor solutions for classified and other government customers
- Combination of Raytheon's radar and sensor products with Applied Signal's communications and signals technologies to further enable next-generation intelligence, surveillance and reconnaissance (ISR) solutions
WALTHAM, Mass., Dec. 20, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) today announced that it has signed a definitive ac... |
| | | 12/16/10 | Raytheon Intelligence-Sharing System Begins Operations at Ramstein Air Base, Germany| DULLES, Va., Dec. 16, 2010 /PRNewswire via COMTEX/ --The U.S. Air Force successfully completed evaluation of Raytheon Company's (NYSE: RTN) new Distributed Common Ground System at Ramstein Air Base, Germany, enabling operational use of the upgraded intelligence, surveillance and reconnaissance (ISR) system.
The network-centric upgrade to DCGS at Ramstein Air Base is an important element of the U.S. Department of Defense's (DoD) initiative to enable seamless, real-time, multiagency intellige... |
| | | 12/15/10 | Raytheon to Continue Software Development for the AN/TPY-2 Radar| TEWKSBURY, Mass., Dec. 15, 2010 /PRNewswire via COMTEX/ --The Missile Defense Agency (MDA) awarded Raytheon Company (NYSE: RTN) a $43 million contract modification to continue developing the common X-Band capability software and modeling and simulation capabilities for the AN/TPY-2 radar.
Raytheon's AN/TPY-2 radar provides a common mission capability: in terminal-based mode with the THAAD Fire Control Center in support of the THAAD weapon system, and in a forward-based mode with command, co... |
| | | 12/14/10 | Raytheon Field Operations Achieves CMMI(R) for Services Maturity Level 3 Rating| DULLES, Va., Dec. 14, 2010 /PRNewswire via COMTEX/ --Raytheon Technical Services Company LLC (RTSC), a subsidiary of Raytheon Company (NYSE: RTN), has achieved Capability Maturity Model(R) Integration for Services (CMMI-SVC) Maturity Level 3 for its Field Operations.
The Field Operations team is the first Raytheon organization to achieve a rating under the CMMI-SVC model, the second in the defense industry, and one of only 22 rated organizations worldwide to date.
With more than 1,400 pr... |
| | | 12/13/10 | Raytheon's SLAMRAAM Completes Second Test Firing from New Platform| Test validates system's readiness
TEWKSBURY, Mass., Dec. 13, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) SLAMRAAM (Surface Launched Advanced Medium Range Air-to-Air Missile) system successfully participated in a second ballistic test vehicle firing at Eglin Air Force Base, Fla. This is the second test firing of AMRAAM missiles from the new Family of Medium Tactical Vehicle (FMTV) platform.
"Completion of this second test firing in such a short span of time demonstrates t... |
| | | 12/13/10 | Raytheon Solipsys' Zeus Integrates Air Force Remotely Piloted Aircraft Activities| TEWKSBURY, Mass., Dec. 13, 2010 /PRNewswire via COMTEX/ --Raytheon Solipsys, a Raytheon Company (NYSE: RTN) subsidiary, was awarded a $9 million contract to deliver and install its Zeus situational awareness and collaboration system for Air Force remotely piloted aircraft (RPA).
The award responds to an urgent operational need requested by the Air Force. Zeus will be installed at 18 Air Combat Command, Air National Guard and Air Force Special Operations Command locations.
"Zeus greatly e... |
| | | 12/07/10 | Javelin Joint Venture Fires Javelin From Stryker Remote Weapon Station| TUCSON, Ariz., Dec. 7, 2010 /PRNewswire via COMTEX/ --The Raytheon (NYSE: RTN)-Lockheed Martin (NYSE: LMT) Javelin Joint Venture reached a major milestone with the first Javelin missile firings from a Common Remote Operations Weapon Station II. The station was mounted on a Stryker Infantry Fighting Vehicle (IFV) in a near-tactical configuration.
Three missiles impacted their targets at 500 and 1,000 meters (1,640 and 3,280 feet) downrange, confirming the successful integration of the Javeli... |
| | | 12/07/10 | Raytheon Company Declares Quarterly Cash Dividend| WALTHAM, Mass., Dec. 7, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.375 cents per outstanding share of common stock. The cash dividend is payable on February 10, 2011 to shareholders of record as of the close of business on January 5, 2011.
Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other governme... |
| | | 12/07/10 | Raytheon Awarded AESA Radar Upgrade Contract for F-15C Aircraft| EL SEGUNDO, Calif., Dec. 7, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has received a contract from Boeing for the production of advanced APG-63(V)3 Active Electronically Scanned Array radars.
The U.S. Air Force and the U.S. Air National Guard will receive radars from the contract and deliveries will begin in the second quarter of 2011. The radars are intended to enhance the performance of deployed F-15C aircraft and will replace the current mechanically scanned radar syste... |
| | | 12/06/10 | Global Study Analyzes Parents' Math Attitudes, Capabilities and Students' Active Engagement in Math-Related Learning| Raytheon-commissioned study reveals gap between parental attitudes and behaviors relating to US math education; compares parental engagement across United States, England and Singapore
WALTHAM, Mass., Dec. 6, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) unveiled new research exploring parental attitudes toward math, parents' perceived math capabilities and the level of active engagement in math-related learning among 10-14 year olds across the United States, England and Singapo... |
| | | 12/06/10 | Royal Australian Air Force is First U.S. Ally to Employ JSOW C| WOOMERA, Australia, Dec. 6, 2010 /PRNewswire via COMTEX/ --The Royal Australian Air Force launched two Raytheon Company (NYSE: RTN) Joint Standoff Weapon Cs from the RAAF's new F/A-18E/F Super Hornet, marking the first time a U.S. ally has operationally tested a JSOW C. This test series also marked the first time the JSOW C variant has been employed outside the continental United States.
The RAAF also has placed an order for the JSOW C-1, which is currently in production; deliveries are exp... |
| | | 12/02/10 | Raytheon Flies New Advanced Combat Radar on F-16| EL SEGUNDO, Calif., Dec. 2, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) Advanced Combat Radar, the latest Active Electronically Scanned Array radar, has successfully completed a series of flight trials on a U.S. Air Force F-16 at Edwards Air Force Base, Calif.
The radar demonstration flights were conducted in partnership with the U.S. Air Force and Lockheed Martin. The RACR team highlighted the multirole capabilities RACR could bring to the F-16 Fighting Falcon, which incl... |
| | | 12/02/10 | Raytheon's Mobile Land-Based Phalanx Weapon System Completes Live-Fire Demonstration| YUMA PROVING GROUND, Ariz., Dec. 2, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and Oshkosh Corp., partnering with the U.S. Army and Navy, proved the maneuverability, integration and performance of the Mobile Land-Based Phalanx Weapon System during a recent live-fire demonstration.
The MLPWS integrates the combat-proven Centurion Land-Based Phalanx Weapon System on a Heavy Expanded Mobility Tactical Truck (HEMTT) A3. All functions of the Centurion design featuring the Phalan... |
| | | 12/01/10 | Raytheon Selected to Provide FBI Systems Development and Support Services| DULLES, Va., Dec. 1, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) is one of several companies selected by the FBI to deliver systems development, operations and maintenance, business re-engineering and new technologies to support the bureau's key enterprise initiatives.
The Information Technology Supplies and Support Services (IT Triple S) indefinite-delivery, indefinite-quantity master contract vehicle was awarded to multiple large and small businesses. The largest IT contra... |
| | | 12/01/10 | Raytheon Cross Domain Transfer Solution Achieves Top Secret/SCI and Below Interoperability Authority to Operate| Distributed Common Ground System-Army implements Linux-based SecureOffice(R) Trusted Gateway System(TM) as part of accredited system
HERNDON, Va., Dec. 1, 2010 /PRNewswire via COMTEX/ --A Raytheon Company (NYSE: RTN) system has been authorized to operate at the Top Secret/SCI and Below Interoperability (TSABI) level. Known as SecureOffice(R) Trusted Gateway System(TM), TGS supports organizations whose missions require rapid, multidirectional transfer of any data type between numerous security... |
| | | 11/30/10 | Raytheon to Relocate Patriot Training to Fort Sill| LAWTON, Okla., Nov. 30, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) will relocate its Patriot New Equipment Training program to Fort Sill, Okla., beginning early next year.
The move is in response to the U.S. Army's Base Realignment and Closure decision and relocation of the Air Defense School to Fort Sill. The program trains Army personnel on upgrades to the Patriot Air and Missile Defense System equipment operation and maintenance.
"Moving to Fort Sill reinforces Raythe... |
| | | 11/30/10 | Raytheon Delivers 500th Digital Radar Warning Receiver to U.S. Navy| EL SEGUNDO, Calif., Nov. 30, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has achieved a production milestone with the 500th delivery of its ALR-67(V)3 digital radar warning receiver to the U.S. Navy.
The ALR-67(V)3 is the U.S. Navy standard for digital radar warning receiver technology. It is installed on all frontline, carrier-based F/A-18E/F tactical aircraft and is an integral part of modernization programs for U.S. and international customers.
"I am particularly proud... |
| | | 11/29/10 | U.S. Army Awards Raytheon Nearly $43 Million Delivery Order for Common Sensor Payload| MCKINNEY, Texas, Nov. 29, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a $42.9 million delivery order for 57 Common Sensor Payload electro-optical and infrared sensor systems. The order is part of a contract awarded by the U.S. Army in November 2007, with options worth up to $1.2 billion.
The systems will actively support U.S. troops engaged in Operation Enduring Freedom and Operation Iraqi Freedom as they work to maintain stable civil environments. The senso... |
| | | 11/23/10 | Raytheon Joins 'STONESOUP' Team to Improve Software Security| TEWKSBURY, Mass., Nov. 23, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has been selected as a subcontractor on a program to foil attacks against software of uncertain origin.
Engineers from Raytheon Integrated Defense Systems (IDS) have joined a team led by GrammaTech, Inc., to develop a technology that prevents the exploitation of vulnerabilities in software whose pedigree, or provenance in cyberparlance, is uncertain. The contract is part of STONESOUP - Securely Taking On ... |
| | | 11/23/10 | Raytheon Executives to Speak at Credit Suisse Aerospace & Defense Conference| WALTHAM, Mass., Nov. 23, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) announced today that William H. Swanson, Raytheon chairman and chief executive officer, and David C. Wajsgras, Raytheon senior vice president and chief financial officer, will speak at the Sixteenth Annual Credit Suisse Aerospace & Defense Conference on Thursday, December 2, 2010. Their presentation is scheduled to start at 11 a.m. ET.
Swanson's and Wajsgras' remarks will be audiocast live (listen-only mode... |
| | | 11/23/10 | Raytheon's Rolling Airframe Missile Block 2 Completes Key Flight Test| TUCSON, Ariz., Nov. 23, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) Rolling Airframe Missile Block 2 completed the fourth of four controlled test vehicle flights designed to demonstrate the system's upgraded kinematic performance and stable airframe control capability.
(Photo: http://photos.prnewswire.com/prnh/20101123/NE06133 )
The test also focused on RAM's rocket motor, airframe, control section and autopilot software, which will be used to evolve and improve the acc... |
| | | 11/22/10 | Raytheon Awarded $32 Million U.S. Navy Bomb Rack Contract| INDIANAPOLIS, Nov. 22, 2010 /PRNewswire via COMTEX/ --The U.S. Navy's Naval Air Systems Command has awarded Raytheon Company (NYSE: RTN) a $32.4 million cost-plus-incentive-fee contract for engineering and manufacturing development of the BRU-69/A Multi-Purpose Bomb Rack system.
The MPBR will replace several bomb racks currently deployed on Navy aircraft. It will use pneumatic energy instead of an explosive charge to release the weapon from the rack. Advanced electronics built into the bomb... |
| | | 11/22/10 | Raytheon Names Todd Ernst Vice President, Investor Relations| WALTHAM, Mass., Nov. 22, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has named Todd Ernst vice president, investor relations. Ernst reports to Raytheon Senior Vice President and CFO David C. Wajsgras.
Ernst joined Raytheon in January, 2010 from Neuberger Berman, a division of Lehman Brothers Company, where he served as a senior research analyst. Most recently, Ernst held the position of director, competitive assessment for Corporate Strategy at Raytheon.
Ernst succeeds Ma... |
| | | 11/18/10 | Raytheon's Dugle Appointed to Board of Directors of Intelligence and National Security Alliance| GARLAND, Texas, Nov. 18, 2010 /PRNewswire via COMTEX/ --The Intelligence and National Security Alliance (INSA) has selected Lynn Dugle, president of Raytheon's Intelligence and Information Systems (IIS), as one of the organization's newest board members. Dugle, who begins her board membership this month, brings significant experience in the fields of intelligence and national security.
"INSA has been at the forefront of the national intelligence community advancing key concepts for security... |
| | | 11/17/10 | U.S. Air Force Awards Raytheon $5 Million Defense Acquisition Challenge Contract| TUCSON, Ariz., Nov. 17, 2010 /PRNewswire via COMTEX/ --The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a $5 million Defense Acquisition Challenge contract for the company's Quiet Eyes Laser Turret Assembly (QELTA). Quiet Eyes is a key component of Raytheon's Directed Infrared Countermeasures (DIRCM) aircraft protection system.
Through the DAC program, the Department of Defense awards development contracts to companies that offer technologies with cost-saving potential.
"Raytheon ... |
| | | 11/17/10 | Raytheon Awarded $240 Million for Aegis Production| TEWKSBURY, Mass., Nov. 17, 2010 /PRNewswire via COMTEX/ --The U.S. Navy awarded Raytheon Company (NYSE: RTN) $240 million for production and delivery of critical components of the Aegis weapons system for the Arleigh Burke class of destroyers.
Under the contract, Raytheon Integrated Defense Systems (IDS) will provide production, engineering and support services for four ship sets of the AN/SPY-1D(V) transmitter group and MK99 Mod 8 Fire Control System. The radar and fire control system equi... |
| | | 11/15/10 | UK Selects Raytheon BBN Technologies' Wearable Shooter-Detection System for Field Trials| CAMBRIDGE, Mass., Nov., 15, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) BBN Technologies' Boomerang Warrior-X wearable shooter-detection system has been selected by the United Kingdom Ministry of Defence (MOD) for field trials related to urgent operational requirements.
The selection follows an assessment by the MOD's Defence Science and Technology Laboratory that included Boomerang Warrior-X and several other wearable shooter-detection systems. The study found that Boomer... |
| | | 11/11/10 | Wounded Warrior Project Expands IT Skills Training, Incorporating Cybersecurity, to Increase Opportunities for Injured Veterans Returning Home| Raytheon provides the WWP's largest-ever financial grant - $2.5 million over five years; Cisco extends long-standing commitment with technology for new virtual training program
WALTHAM, Mass., Nov. 11, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and Cisco announced Thursday a joint effort to both expand the Wounded Warrior Project's (WWP) education initiatives and support the development of a new cybersecurity training program. The effort will include the expansion of current,... |
| | | 11/10/10 | Raytheon Named Learning Industry Leader by Top Research and Advisory Firm| DALLAS, Nov. 10, 2010 /PRNewswire via COMTEX/ --
Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), was named an industry leader by research and advisory firm Nelson Hall. The firm's 2010 "Targeting Learning Business Process Outsourcing Report" positioned RPS favorably among 25 competitors in the learning business process outsourcing (LBPO) market.
Nelson Hall defines LBPO as the management of core multi-vendor learning administration services by a third party... |
| | | 11/10/10 | Japanese Troops Successful in Patriot Test Firings| TEWKSBURY, Mass., Nov. 10, 2010 /PRNewswire via COMTEX/ --The Japanese Air Self Defense Forces (JASDF) successfully concluded its annual training exercise at Fort Bliss, Texas. The exercise included target engagement and successful test firings of the Patriot Air and Missile Defense System in tactical mission configurations. Raytheon Company (NYSE: RTN) provided operational support for JASDF's Annual Service Practice (ASP).
"It's a great team effort by JASDF, Mitsubishi Heavy Industry (MHI)... |
| | | 11/08/10 | Raytheon MathMovesU(R) Celebrates Five Years of Middle School Math Success: Launches New Website With Interactive Games, Activities and Learning Tools| Raytheon and its employees deliver more than $30 million to students, teachers and schools over the past five years; Sum of all Thrills(TM) at INNOVENTIONS at Epcot(R) marks first anniversary
WALTHAM, Mass., Nov. 8, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) is celebrating the fifth anniversary of the company's signature MathMovesU program by launching a new MathMovesU website Monday. This expanded resource provides an interactive online destination for middle school students... |
| | | 11/08/10 | Raytheon-Boeing JAGM Team Verifies Rocket Motor During Flight Test| Team now 6-for-6 in flight testing
WHITE SANDS MISSILE RANGE, N.M., Nov. 8, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed the third company-funded missile launch of the Joint Air-to-Ground Missile (JAGM). The test sets the stage for Raytheon and Boeing to enter engineering and manufacturing development (EMD).
"The government's requirements for the competitive prototyping flyoff were to fire three preliminary design review configur... |
| | | 11/04/10 | Raytheon Expands Cybersecurity Portfolio with Acquisition of Trusted Computer Solutions| WALTHAM, Mass., Nov. 4, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has acquired Trusted Computer Solutions (TCS),a privately held company that delivers a comprehensive portfolio of cross-domain, operating system and network security solutions. The acquisition is the seventh transaction related to the cybersecurity market for Raytheon since 2007, further advancing the company's ability to deliver the end-to-end cyber solutions required to combat the most sophisticated threats tha... |
| | | 11/04/10 | U.S. Air Force Transitions F-15C Raytheon AESA Radar-Equipped Aircraft to Japan| EL SEGUNDO, Calif., Nov. 4, 2010 /PRNewswire via COMTEX/ --Installation and acceptance testing of Raytheon Company's (NYSE: RTN) APG-63(V)3 Active Electronically Scanned Array radar on 10 U.S. Air Force F-15C aircraft is now complete. Four of these aircraft recently transitioned from Langley Air Force Base, Va. to Kadena Air Base, Japan.
"This advanced radar technology upgrade brings a robust and affordable high-performance AESA to the F-15C air-to-air variant," said Steve Schwarzkopf, dire... |
| | | 11/02/10 | Raytheon's Space Fence Program Completes Critical Milestone| TEWKSBURY, Mass., Nov. 2, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has completed a successful system design review (SDR) for the Space Fence program. Space Fence will provide the U.S. Air Force enhanced space surveillance capability to track and detect space objects.
"As our nation's defense becomes increasingly more dependent on the space domain, a system like Space Fence will be a critical component in the Space Surveillance Network, tracking tens of thousands of object... |
| | | 11/02/10 | Raytheon Completes Software Specification Review for GPS OCX| AURORA, Colo., Nov. 2, 2010 /PRNewswire via COMTEX/ --The Raytheon (NYSE: RTN) team has successfully completed a key design review of the Global Positioning System (GPS) Advanced Control Segment (OCX), signaling the team's readiness to proceed with the next development phase of the program.
Nearly 70 representatives from the government, aerospace and System Engineering and Integration, a contractor for the GPS Wing, recently completed a three-day software specification review at Raytheon's ... |
| | | 11/01/10 | Raytheon to Provide Improved Track Correlation and Fusion Capability| TEWKSBURY, Mass., Nov. 1, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a $3.3 million contract modification to develop and install a sensor tracking correlation system that will provide improved intelligence and information sharing to the Joint Interagency Task Force South.
Raytheon will provide JIATF South with a track correlation system consisting of a multisensor correlation, intelligence fusion, and information-sharing capability as part of the Joint Oper... |
| | | 11/01/10 | Raytheon to Upgrade U.S. Air Force Reserve and Air National Guard F-16 Displays| INDIANAPOLIS, Nov. 1, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has won a contract to upgrade the Center Display Unit (CDU) of U.S. Air Force Reserve and Air National Guard F-16 aircraft. The initial contract value is $3.1 million for system integration and pre-production units. The contract includes options for production of up to 120 systems per year for five years.
The Raytheon CDU will replace multiple analog flight instrument displays currently used in the F-16 cockpi... |
| | | 10/29/10 | U.S. Navy Awards Raytheon $14.8 Million for Helicopter Protection System| INDIANAPOLIS, Oct. 29, 2010 /PRNewswire via COMTEX/ --The Department of the Navy's Naval Air Systems Command has awarded Raytheon Company (NYSE: RTN) a $14.8 million contract to produce dual pod countermeasures dispensers for U.S. Marine Corps CH-53 heavy-lift helicopters. Raytheon Technical Services Company LLC (RTSC) will manufacture the units at its Indianapolis operation.
Aircrews will use the pods to dispense chaff and flares to counter incoming missiles. The dual pods will replace cur... |
| | | 10/29/10 | Raytheon Appoints Daniel J. Crowley President of Network Centric Systems; Announces Retirement of Colin J.R. Schottlaender| WALTHAM, Mass., Oct. 29, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has appointed Daniel J. Crowley president of Raytheon Network Centric Systems (NCS), effective November 1, 2010. Crowley succeeds Colin J.R. Schottlaender, NCS president since August 2002, who will retire from Raytheon on Dec. 31, 2010. As Crowley transitions into his new role, Schottlaender will work with him during the interim period prior to Schottlaender's retirement date. Raytheon Network Centric Systems is... |
| | | 10/29/10 | Japan Achieves Third Ballistic Missile Intercept Using Raytheon Standard Missile-3| PACIFIC MISSILE RANGE FACILITY, KAUAI, Hawaii, Oct. 29, 2010 /PRNewswire via COMTEX/ --The Japanese Maritime Self-Defense Force (JMSDF) achieved its third ballistic missile intercept using a Raytheon Company (NYSE: RTN) Standard Missile-3.
During Thursday's test, which marked the 18th SM-3 intercept, the SM-3 Block IA missile engaged and destroyed a medium-range ballistic missile target more than 100 miles above the Pacific Ocean.
Personnel at the U.S. Navy's Pacific Missile Range Facili... |
| | | 10/28/10 | Raytheon Reports Third Quarter Results| - Adjusted EPS of $1.36, up 9 percent; reported EPS from continuing operations was $1.71(1)
- Adjusted operating margin of 12.9 percent, up 60 basis points; reported operating margin was 11.9 percent(1)
- Net sales of $6.3 billion
- Operating cash flow from continuing operations of $413 million
- After the quarter close, the Company issued $2.0 billion in long-term debt, exercised the call notice for $678 million of debt maturing in 2012 and 2013 and made a $750 million discretionary cash co... |
| | | 10/27/10 | Raytheon's Advanced Airborne Optical Sensor System Studied for Missile Defense Application| MCKINNEY, Texas, Oct. 27, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) advanced Airborne Optical Sensor system is now an integral part of the Missile Defense Agency's experimentation with forward-deployed, advanced infrared sensors for missile defense applications.
"Raytheon is proud to provide this technology to the Missile Defense Agency," said Tim Carey, vice president for Intelligence, Surveillance and Reconnaissance Systems. "Our Airborne Optical Sensor system allows o... |
| | | 10/27/10 | Missile Defense Agency Selects Raytheon to Provide New Missile Defense Radar| $190 million award for eighth AN/TPY-2 rada
TEWKSBURY, Mass., Oct. 27, 2010 /PRNewswire via COMTEX/ -- The Missile Defense Agency (MDA) awarded Raytheon Company (NYSE: RTN) a $190 million fixed price incentive fee contract to construct, integrate and test a new Army/Navy Transportable Radar Surveillance (AN/TPY-2) radar. The AN/TPY-2 is the most capable and reliable radar currently deployed to defend against the ballistic missile threat.
"The AN/TPY-2 provides a critical Ballistic Missile ... |
| | | 10/27/10 | Raytheon's Multi-Spectral Targeting System Delivers High-Definition Image Capability| MCKINNEY, Texas, Oct. 27, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) is upgrading sensors with enhanced target location accuracy and high-definition imaging.
"This is an important upgrade for our Multi-Spectral Targeting Systems family of sensors as we continue to provide high-performance, state-of-the-art technology for the warfighter," said Tim Carey, vice president for Intelligence, Surveillance and Reconnaissance Systems. "Target location accuracy will allow soldiers to... |
| | | 10/26/10 | Raytheon-Boeing Team Completes JAGM Launcher, Missiles Flight Testing on Super Hornet| WASHINGTON, Oct. 26, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed flight testing of the Joint Air-to-Ground Missile's fixed-wing launcher and Instrumented Measurement Vehicle on the Boeing F/A-18 E/F Super Hornet fighter aircraft.
An IMV is the same size, shape and mass as an all-up JAGM round, and it contains equipment that evaluates JAGM's performance during a mission. The flight tests are a crucial first step toward qualifying JA... |
| | | 10/26/10 | Lockheed-Raytheon Team Names Davis Deputy Program Manager for GMD Contract| WASHINGTON, Oct. 26, 2010 /PRNewswire via COMTEX/ -- The Lockheed Martin (NYSE: LMT)-Raytheon Company (NYSE: RTN) team has selected Raytheon's Reid Davis as deputy program manager for the U.S. Missile Defense Agency's Ground-based Midcourse Defense development and sustainment contract pursuit. In August, the companies announced their strategic alliance to pursue the GMD contract.
(Photo: http://photos.prnewswire.com/prnh/20101026/NE87803 )
(Photo: http://www.newscom.com/cgi-bin/prnh/201010... |
| | | 10/26/10 | ThalesRaytheonSystems Awarded Study Contract for New Battlefield Radar Requirement| FULLERTON, Calif., Oct. 26, 2010 /PRNewswire via COMTEX/ -- ThalesRaytheonSystems has been selected as one of two companies to study the viability of an Omni-Directional Weapon Locating (OWL) radar for the U.S. Army. ThalesRaytheonSystems will develop a proof of concept for highly mobile, low-cost radars that can detect and track incoming rocket and mortar threats over 360-degrees and at all angles.
"We are very excited about providing the armed forces with a design for a highly mobile and c... |
| | | 10/25/10 | Raytheon to Prime in U.S. Army's Common Infrared Countermeasures Competition| WASHINGTON, Oct. 25, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) will pursue a prime contractor role in response to the U.S. Army's Common Infrared Countermeasures (CIRCM) request for proposal. CIRCM will protect combat helicopters and other aircraft by jamming the infrared guidance systems of heat-seeking missiles and diverting the missiles away from the aircraft.
Raytheon's CIRCM solution, known as Scorpion, will feature the company's production-matured directed infrared c... |
| | | 10/25/10 | Raytheon Unveils New ISR Cloud Capability to Support U.S. Warfighters in Afghanistan| Green Thunder(TM) available for immediate deployment to the field
DULLES, Va., Oct. 25, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has invested in and developed a warfighter-conceived, leap-ahead intelligence, surveillance and reconnaissance (ISR) cloud capability that enables soldiers and intelligence operators to more easily collect and disseminate information. The new Green Thunder intelligence system closes the gap between the needs of users on the tactical edge and the c... |
| | | 10/25/10 | U.S. Army Completes Type Classification of Raytheon's Excalibur Ia-2 Round| WASHINGTON, Oct. 25, 2010 /PRNewswire via COMTEX/ -- The U.S. Army completed the M982 type classification of Raytheon Company's (NYSE: RTN) Excalibur Block Ia-2. By designating Excalibur Block Ia-2 the M982, the U.S. Army is accepting Excalibur Ia-2 for service use and taking the next step toward production and deployment.
Excalibur Ia-2 enhances Excalibur Ia-1 by increasing the range from 23 to 40 km (14.3 to 25.9 statute miles) when fired from U.S. howitzers. Excalibur Ia-2 is projected to... |
| | | 10/24/10 | Raytheon Demonstrates Alternative Energy Capability During Marine Exercise| TEWKSBURY, Mass., Oct. 24, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) successfully completed all phases of the U.S. Marine Corps' Experimental Forward Operating Base, or ExFOB, program.
The Marines are testing environmentally friendly systems that reduce the amount of logistical support to deployed forces while maintaining their ability to conduct combat operations. The ReGenerator(TM) is a self-contained power system that runs on an integrated 1.2 kilowatt solar array and ... |
| | | 10/24/10 | U.S. Navy Completes First Test of New Warhead for Tomahawk Block IV Missile| NAVAL AIR WARFARE CENTER CHINA LAKE, Calif., Oct. 24, 2010 /PRNewswire via COMTEX/ --The U.S. Navy completed the first live test of the Joint Multi-Effects Warhead System (JMEWS), meeting all performance objectives for the new warhead for the Tomahawk Block IV tactical cruise missile.
The JMEWS program is designed to deliver a warhead that will give the Tactical Tomahawk Land-Attack Missile all of the same blast-fragmentation capabilities that make it a formidable weapon today and to introd... |
| | | 10/22/10 | Raytheon Tests New Weapon Designed for Unmanned Aircraft Systems| YUMA PROVING GROUND, Ariz., Oct. 22, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) successfully flight tested Small Tactical Munition, a new weapon specifically designed to be employed from unmanned aircraft systems (UAS). STM is a 13-pound guided bomb that is approximately 2-feet long, making it the smallest bomb in the Raytheon family of weapons.
The bomb's dual-mode, semiactive laser seeker and GPS-inertial navigation system enable the weapon to engage both fixed and moving... |
| | | 10/21/10 | Raytheon Sponsors Country's First National Science Festival Oct. 23-24| Thousands of students will build and race cars on a test track at Raytheon's MathMovesU(R) exhibit on the National Mall
WASHINGTON, Oct. 21, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) is a platinum sponsor of this weekend's USA Science & Engineering Festival, the country's first national science festival, on the National Mall. Raytheon, along with more than 500 leading science organizations, will engage thousands of students with a hands-on activity designed to encourage expl... |
| | | 10/21/10 | Raytheon Airborne Targeting System Achieves 1 Million Flight Hours| MCKINNEY, Texas, Oct. 21, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) airborne Multi-Spectral Targeting System, whose video imagery helps soldiers, intelligence analysts and commanders in the field make critical operating decisions, recently exceeded 1 million flight hours.
"This system provides critical information to U.S. and coalition forces," said Col Daryl Hauck, U.S. Air Force program executive officer for Intelligence, Surveillance, Reconnaissance and Special Operat... |
| | | 10/20/10 | U.S. Marine Corps Awards Raytheon $49.8 Million| RESTON, Va., Oct. 20, 2010 /PRNewswire via COMTEX/ --Raytheon Technical Services Company LLC (RTSC), a subsidiary of Raytheon Company (NYSE: RTN), has received a $49.8 million contract to re-manufacture, overhaul and repair equipment primarily for the U.S. Marine Corps Logistics Command (MCLC) in Albany, Ga. Additional work will be performed in MCLC, Barstow, Calif.; Camp Pendleton, Calif.; Camp Lejeune, N.C.; and Okinawa, Japan.
The indefinite-delivery, indefinite-quantity contract is a re... |
| | | 10/19/10 | Raytheon Names Aselsan Key Patriot Supplier| TEWKSBURY, Mass., Oct. 19, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has entered into an agreement with a leading Turkish defense systems manufacturer for the codevelopment of a major end item for the Patriot Air and Missile Defense System. Under the agreement, Raytheon will subcontract to Aselsan of Ankara, Turkey, the codevelopment of the antenna mast group for Patriot Configuration-3 systems for the United Arab Emirates.
"Aselsan is Raytheon's first major trans-Atlantic... |
| | | 10/19/10 | Raytheon Company to Release Third Quarter Results on October 28, 2010| WALTHAM, Mass., Oct. 19, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) will issue its third quarter 2010 earnings news release at 7:00 a.m. EDT Thursday, October 28, 2010. The release will be posted on the Raytheon home page.
The third quarter 2010 earnings results conference call will be at 9:00 a.m. EDT on Thursday, October 28, 2010. The call will be audiocast on the Internet at http://www.raytheon.com/ir. Charts to be referenced during the call will be available on the webs... |
| | | 10/18/10 | Raytheon Reaches Production Milestone in $1 Billion Naval SATCOM Program| MARLBOROUGH, Mass., Oct. 18, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) achieved a key milestone in its Navy Multiband Terminal program with the first production order for next-generation NMT satellite communication terminals. The U.S. Navy award follows a successful field test and "Milestone C Review," which marks the completion of complex system development.
The initial production award is for 22 systems, consisting of 15 ship, five submarine and two shore terminals, alon... |
| | | 10/14/10 | Raytheon and Opel/Vauxhall Win International German Training Award| RUESSELSHEIM, Germany, Oct. 14, 2010 /PRNewswire via COMTEX/ --Raytheon Professional Services LLC (RPS), a subsidiary of Raytheon Company (NYSE: RTN), has received the Bronze International German Training Award from the Association of German Sales Promoters, Trainers, Consultants and Coaches (BDVT). RPS won the prize for the retail sales consultant curriculum it designed, deployed and delivers on behalf of Opel/Vauxhall in Europe. The BDVT International German Training Award recognizes the best ... |
| | | 10/12/10 | Raytheon Awarded $115 Million for Airborne Low Frequency Sonar| TEWKSBURY, Mass., Oct. 12, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has received two contracts totaling $115.7 million for the AN/AQS-22 Airborne Low Frequency Sonar (ALFS), the primary undersea warfare sensor for the U.S. Navy's MH-60R multimission helicopter. The contracts were awarded by Naval Air Systems Command and Defense Logistics Agency Aviation Strategic Acquisition.
ALFS provides critical undersea warfare mission support capabilities, including submarine detecti... |
| | | 10/11/10 | Raytheon Introduces Clear View(TM) Security Solutions at ASIS 2010| DALLAS, Oct. 11, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) is launching its new Clear View family of security solutions for border security, critical infrastructure protection and other security needs at the ASIS International conference and exhibition Oct. 12 in Dallas.
During the exhibition, Raytheon will be demonstrating the Clear View system that integrates and consolidates data from multiple sources to provide rapid situational awareness, accurate threat assessment an... |
| | | 10/07/10 | Raytheon Awarded $14 Million for Airborne Mine Neutralization System| TEWKSBURY, Mass., Oct. 7, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) received a $14.6 million U.S. Navy contract to produce and deliver AN/ASQ-235 Airborne Mine Neutralization Systems.
AMNS, an essential component of the Navy's organic mine countermeasures family of systems, is deployed by the MH-60S multimission helicopter to locate and destroy underwater mines previously detected by Raytheon's AN/AQS-20A minehunting sonar system. Both AMNS and AN/AQS-20A provide critical ... |
| | | 10/07/10 | Raytheon Recognizes Achievements in Electronic Warfare Effectiveness| EL SEGUNDO, Calif., Oct. 7, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has presented Patuxent River Naval Air Station Cmdr. Christopher K. Williams the inaugural Airborne Electronic Attack Integration Award.
The award was created to recognize outstanding efforts in the integration of diverse airborne electronic attack systems. Recipients are commended for their ability to coordinate with various owners and users to increase electronic warfare effectiveness.
"It is our goa... |
| | | 10/06/10 | Raytheon to Design Technology Demonstrator for Air and Missile Defense Radar| TEWKSBURY, Mass., Oct. 6, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) received a $112.3 million contract to design and develop an S-band radar and radar suite controller technology demonstrator for the U.S. Navy's new Air and Missile Defense Radar (AMDR). This highly advanced system will provide unprecedented capabilities for the Navy's Arleigh Burke-class destroyers.
AMDR is being developed to fill capability gaps identified by the Joint Requirements Oversight Council in Ma... |
| | | 10/04/10 | Raytheon Acquires Technology Associates to Expand Cybersecurity Capabilities| WALTHAM, Mass., Oct. 4, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has acquired Technology Associates Inc., a privately held company that delivers full life-cycle computer engineering to mission-critical programs in the U.S. intelligence community. Technology Associates' capabilities include data extraction and analysis; digital media intercept and exploitation; embedded system programming; and information assurance services.
The transaction is not expected to materially im... |
| | | 09/30/10 | Raytheon Awarded Joint Polar Satellite System Contracts| NASA contracts replace and expand previous NPOESS commitment to Raytheon
AURORA, Colo., Sept. 30, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) was awarded two contracts with a combined potential value of more than $1.7 billion over the next eight years by NASA's Goddard Space Flight Center.
These contracts, replacing previous government contracts worth approximately $1.4 billion, were awarded by NASA on behalf of the National Oceanic and Atmospheric Administration for the ... |
| | | 09/29/10 | Raytheon's Patriot Production Line Hot Again| TEWKSBURY, Mass., Sept. 29, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) rolled out the first modernized Information Coordination Central since the combat-proven Patriot Air and Missile Defense System was redesigned as part of the resurgence of Patriot. The first two ICCs will soon be delivered to the Republic of Korea, and work has already begun on the new production Patriot for the United Arab Emirates and Taiwan.
Within the Patriot system, the ICC coordinates battalion and... |
| | | 09/29/10 | National Geospatial-Intelligence Agency Awards Raytheon $88.7 Million Information Assurance Services Contract| Cybersecurity contract value is $30 million for the base period and $88.7 million if all option years exercised
LINTHICUM, Md., Sept. 29, 2010 /PRNewswire via COMTEX/ --The National Geospatial-Intelligence Agency (NGA) has awarded Raytheon Company (NYSE: RTN) a one-year, $30 million extension for the Information Assurance Services (IAS) contract. If all option years are exercised, the total value of this extension will be $88.7 million.
Since contract inception in 2005, Raytheon has prov... |
| | | 09/28/10 | Raytheon Completes GPS OCX Integrated Baseline Review| Sept. 28, 2010, AURORA, Colo., 2010 /PRNewswire via COMTEX/ --
The Raytheon Company (NYSE: RTN) team developing the next-generation Global Positioning System (GPS) Advanced Control Segment (OCX) successfully completed on schedule an integrated baseline review with the U.S. Air Force.
"Successful completion of the integrated baseline review is the first step in the team's commitment to delivering the required capability on cost and on schedule," said Bob Canty, Raytheon vice president and p... |
| | | 09/28/10 | Thales-Raytheon Systems Leads Industry Team to Respond to U.S. Marine Corps' CAC2S Program Proposal| FULLERTON, Calif., Sept. 28, 2010 /PRNewswire via COMTEX/ -- Thales-Raytheon Systems Co. LLC, a U.S. company, is leading a team of industry experts to respond to the United States Marine Corps' Common Aviation Command and Control System (CAC2S) request for proposal. Thales-Raytheon Systems has provided specialized command and control systems for more than 45 years.
"Our solution for the Marines will provide mature components and technology that assures reliability and low risk," said Kim Ker... |
| | | 09/27/10 | Raytheon and the Business-Higher Education Forum Expand Efforts to Improve U.S. STEM Education| Unique tools -- including state-level STEM modeling project, new online version of the U.S. Education STEM Model and in-depth report -- offer insight and guidance to policymakers and educators
NEW YORK, Sept. 27, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and the Business-Higher Education Forum (BHEF) today announced three new activities to help policymakers and educators tackle the challenges associated with improving science, technology, engineering and math (STEM) educatio... |
| | | 09/27/10 | Raytheon Receives Air Force Association's John R. Alison Award| WALTHAM, Mass., Sept. 27, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) has received the John R. Alison Award, the Air Force Association's (AFA) highest honor for industrial leadership. Raytheon Chairman and CEO William H. Swanson accepted the award at the AFA's 2010 Air & Space Conference and Technology Exhibition held recently in National Harbor, Md. Swanson expressed gratitude to the nation's men and women in uniform, military families, and members of the Raytheon team.
... |
| | | 09/27/10 | Raytheon Awarded $175 Million for Standard Missile-3 Block IIA| New missile defense interceptor will provide increased capability
TUCSON, Ariz., Sept. 27, 2010 /PRNewswire via COMTEX/ -- The Missile Defense Agency (MDA) awarded Raytheon Company (NYSE: RTN) a $175 million contract for the Standard Missile-3 Block IIA cooperative development program with Japan. The contract will provide continued funding for engineering and development efforts for the SM-3 Block IIA missile through the preliminary design review of the all-up-round, scheduled for early 2011. ... |
| | | 09/24/10 | Raytheon Sponsors NBC's 'Education Nation' Sept. 26-28, 2010| National television broadcast and two-day summit to focus on improving education in the U.S.
WALTHAM, Mass., Sept. 24, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) is sponsoring NBC's first "Education Nation," an event and week-long television broadcast focused on improving the state of education in the United States. Raytheon's sponsorship extends the company's efforts to improve science, technology, engineering and math (STEM) education and to ensure the country's future tech... |
| | | 09/23/10 | Raytheon Company Declares Quarterly Cash Dividend| WALTHAM, Mass., Sept. 23, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.375 cents per outstanding share of common stock. The cash dividend is payable on November 4, 2010 to shareholders of record as of the close of business on October 5, 2010.
Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other governm... |
| | | 09/23/10 | Raytheon Global Broadcast Service Delivers Full-Motion Video to Improve Intelligence Imagery for Warfighters| FALLS CHURCH, Va., Sept. 23, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) delivered the final phase of expanded Global Broadcast Service full-motion video capabilities to improve intelligence video imagery available to warfighters.
The GBS installation is in direct support of U.S. Central Command (CENTCOM) operations. Concurrent with the broadcast installation, Raytheon implemented changes on the receive suite production line to ease access to the video data.
GBS augments o... |
| | | 09/22/10 | Raytheon-Boeing Team Goes 3 for 3 During Government-Funded JAGM Testing| WHITE SANDS MISSILE RANGE, N.M., Sept. 22, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed the final of three government-sponsored firings of the Joint Air-to-Ground Missile. During the Sept. 3 test, the JAGM used its millimeter wave radar guidance system to hit a moving target at 6 kilometers (3.75 miles).
The Raytheon-Boeing JAGM features a fully integrated tri-mode seeker that incorporates semiactive laser, uncooled imaging infrare... |
| | | 09/20/10 | Raytheon Completes Upgrade of 1,000th Patriot Missile for U.S. Army| TEWKSBURY, Mass., Sept. 20, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) completed its 1,000th Patriot Guidance Enhanced Missile-Tactical (GEM-T) upgrade for the U.S. Army. Earlier this year, Raytheon reached the same milestone with its worldwide customer base.
Part of the Patriot Air and Missile Defense System, the upgraded GEM-T missile provides a substantial capability against a wide variety of threats, including tactical ballistic missiles and cruise missiles, at a fract... |
| | | 09/16/10 | Raytheon Extends Commitment to STEM Education Through Support of Change the Equation| Raytheon Chairman and CEO William H. Swanson joins President Obama to launch CTEq
WALTHAM, Mass., Sept. 16, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) today announced its latest initiative centered upon supporting our nation's efforts to improve science, technology, engineering and mathematics (STEM) education through its membership in Change the Equation (CTEq). Raytheon joins CTEq founding members Time Warner Cable, Sally Ride Science, Kodak, Intel and Xerox.
The CTEq... |
| | | 09/16/10 | Raytheon Solipsys Introduces Web-Based Visualization and Collaboration Tool| TEWKSBURY, Mass., Sept. 16, 2010 /PRNewswire via COMTEX/ --Raytheon Solipsys, a Raytheon Company (NYSE: RTN) subsidiary, has added a Web-based visualization and collaboration tool to its command and control software product line.
Built on the Tactical Display Framework (TDF), Raytheon Solipsys' flagship platform for tactical geospatial visualization, TDF Portal enables transmission of maps and tactical data that can be displayed in layers customized for an operation and seen by remote opera... |
| | | 09/15/10 | Raytheon Awarded $9 Million to Upgrade U.S. Navy Targeting Pods| MCKINNEY, Texas, Sept. 15, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has received a $9 million contract option award from the U.S. Navy to retrofit new infrared technology on Advanced Targeting Forward Looking Infrared pod systems for use on F/A-18C-F aircraft.
"This capability insertion advances system technology and mission capabilities ensuring that ATFLIR will continue to play a critical role in the U.S. Navy's operations around the world," said Capt. Mark Darrah, Navy... |
| | | 09/15/10 | Raytheon Enhances Information-Protection Solution with Improved Analytics, Malware Detection and Social Network Auditing| SureView 6.5 helps customers manage risks from multiple cybersecurity threat vectors
SALT LAKE CITY, Sept. 15, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) released SureView(TM) 6.5, an endpoint information-protection solution that provides enterprises with improved abilities to audit social-networking activity, expand investigative capabilities and increase scalability.
Raytheon SureView supports organizations' efforts to mitigate cybersecurity risks by proactively auditin... |
| | | 09/14/10 | Raytheon Delivers First F-15E AESA Radar System to Boeing| El SEGUNDO, Calif., Sept. 14, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has delivered the first APG-82(V)1 Active Electronically Scanned Array radar for the U.S. Air Force's F-15E radar modernization program.
"Providing the warfighter with the best combat technology system available is our commitment to our customers," said Steve Schwarzkopf, F-15 program director for Tactical Airborne Systems. "With the F-15E equipped with the APG-82 proven-technology radar system, pilots... |
| | | 09/14/10 | Raytheon Supports Aerospace Research at Canadian Universities| EL SEGUNDO, Calif., Sept. 14, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has awarded Dalhousie and Memorial Universities grants totaling $500,000 to advance research in the aerospace industry.
Canada's Industrial and Regional Benefits policy requires prime contractors to make investments in the Canadian economy valued at 100 percent of the contract value as an element of defense and security procurements made by Canada. Raytheon's investment with Dalhousie and Memorial Univ... |
| | | 09/13/10 | Raytheon's AESA Radar Installed on First U.S. Air Force F-15C| El SEGUNDO, Calif., Sept. 13, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) next-generation APG-63(V)3 Active Electronically Scanned Array radar is now installed on the first U.S. Air Force F-15C aircraft following a series of successful flight tests.
"This is another successful milestone reached by working with our Boeing partners to bring our customers a built-in growth path and long-term mission support," said Steve Schwarzkopf, F-15 program director for Tactical Airborne... |
| | | 09/09/10 | Raytheon Names John P. Bergeron Director, Raytheon Six Sigma| WALTHAM, Mass., Sept. 9, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) has appointed John P. Bergeron as director, Raytheon Six Sigma, Corporate Mission Assurance. Bergeron reports to Dr. James W. Wade, vice president Mission Assurance, in the company's Engineering, Technology and Mission Assurance organization, headed by Vice President Mark E. Russell.
(Photo: http://photos.prnewswire.com/prnh/20100909/NE61582 )
(Photo: http://www.newscom.com/cgi-bin/prnh/20100909/NE61582 ... |
| | | 09/09/10 | Raytheon's SLAMRAAM Completes First FMTV Launcher Test Firing| TEWKSBURY, Mass., Sept. 9, 2010 /PRNewswire via COMTEX/ --
Raytheon Company's (NYSE: RTN) SLAMRAAM (Surface Launched Advanced Medium Range Air-to-Air Missile) system successfully participated in a ballistic test vehicle (BTV) firing at Eglin Air Force Base, Fla. The test included the firing of multiple AMRAAM missiles from the new Family of Medium Tactical Vehicle (FMTV) platform.
(Photo: http://photos.prnewswire.com/prnh/20100909/NE62095 )
(Photo: http://www.newscom.com/cgi-bin/prnh/2010... |
| | | 09/08/10 | Raytheon to Provide Mobile Data Computer System to Los Angeles Sheriff's Department| MARLBOROUGH, Mass., Sept. 8, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) has been awarded a $19.9 million contract to supply a mobile data computer system to the Los Angeles Sheriff's Department, the largest sheriff's department in the world.
The Raytheon system will significantly improve data rates from the old system, enabling LASD to extend its desktop capabilities and applications to the vehicles.
For the first time, the department's vehicle systems will have access ... |
| | | 09/07/10 | Raytheon's Total Ship Computing Environment Passes Critical Review| TEWKSBURY, Mass., Sept. 7, 2010 /PRNewswire via COMTEX/ --
Raytheon Company's (NYSE: RTN) open architecture Total Ship Computing Environment (TSCE), the integrated mission system for the DDG 1000 Zumwalt-class destroyer, recently passed a key Technology Readiness Assessment.
The TRA, conducted by the U.S. Navy, confirmed that TSCE is now at Technology Readiness Level 6 as a result of the system's ability to operate in a relevant end-to-end environment. The review revealed a high pass rate f... |
| | | 09/07/10 | Raytheon Demonstrates Streaming-Video Transfer Firsts at Empire Challenge 2010| FORT HUACHUCA, Ariz., Sept. 7, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) demonstrated several significant firsts at Empire Challenge 2010 with its High-Speed Guard cross-domain security solution passing streaming video from an unmanned aircraft system.
Empire Challenge is an annual joint and multinational intelligence, surveillance and reconnaissance (ISR) interoperability demonstration sponsored by the U.S. under secretary of defense for Intelligence. The exercise highli... |
| | | 09/01/10 | Raytheon-Boeing Team Successfully Completes Second Government-Funded JAGM Test| WHITE SANDS MISSILE RANGE, N.M., Sept. 1, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed the second of three government-sponsored firings of the Joint Air-to-Ground Missile. The JAGM used its imaging infrared (IIR) guidance system to hit an armored vehicle target at 4 kilometers (2.5 statute miles).
The Raytheon-Boeing JAGM features a fully integrated tri-mode seeker that incorporates semiactive laser, uncooled imaging infrared and mi... |
| | | 08/31/10 | Raytheon Celebrates Beginning of School Year by Awarding More Than $1 Million in Grants and Scholarships| MathMovesU rewards passionate students, teachers and their schools for science, technology, engineering and math excellence
WALTHAM, Mass., Aug. 31, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) is celebrating the beginning of the school year by awarding more than $1 million in scholarships and grants. As part of its annual scholarship program, Raytheon honors students who excel in science, technology, engineering and math (STEM) as well as teachers who engage students in STEM.... |
| | | 08/30/10 | U.S. Army Selects Raytheon for Next-Generation Excalibur Ib Program| TUCSON, Ariz., Aug. 30, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has won the competition for the next phase of Excalibur Ib and has been awarded a $23 million U.S. Army contract to finalize the next-generation 155 mm precision-guided projectile's design. Delivery of the Excalibur Ib rounds is projected to occur in 2012.
Based on the combat-proven Excalibur Ia, Excalibur Ib uses GPS technology to provide a first round, fire-for-effect, precision capability that limits coll... |
| | | 08/30/10 | NASA Awards Raytheon $120 Million Contract| RESTON, Va., Aug. 30, 2010 /PRNewswire via COMTEX/ --Raytheon Technical Services Company LLC (RTSC), a subsidiary of Raytheon Company (NYSE: RTN), has received a contract valued up to $120 million to support facilities and operations for astronaut training at NASA's Johnson Space Center (JSC) and Sonny Carter Training Facility in Houston.
Under the contract, RTSC will operate, maintain, and perform engineering services for equipment and software used at the Neutral Buoyancy Laboratory (NBL)... |
| | | 08/23/10 | Raytheon Executives to Speak at Morgan Stanley Conference| WALTHAM, Mass., Aug. 23, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) announced today that William H. Swanson, Raytheon chairman and chief executive officer and David C. Wajsgras, Raytheon senior vice president and chief financial officer, will speak at Morgan Stanley's Global Industrials Unplugged Conference on Wednesday, September 1, 2010. Their presentation is scheduled to start at 11:15 a.m. EDT.
Swanson's and Wajsgras' remarks will be audiocast live (listen-only mode) th... |
| | | 08/16/10 | Raytheon NCS Engineering Recertified at CMMI Level 5| MCKINNEY, Texas, Aug. 16, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) Network Centric Systems (NCS) Engineering has been recertified at Capability Maturity Model Integration(R) Level 5 across the $4.8 billion business.
"Sustaining a CMMI Level 5 rating is not easy - especially across multiple disciplines and geographic sites," said Ralph Williams, lead appraiser, Cooliemon Inc. "This achievement speaks volumes about the dedication of senior management and the maturity of NCS... |
| | | 08/16/10 | Raytheon Exoatmospheric Kill Vehicle Plays Key Role in Latest Missile Defense Test| VANDENBERG AIR FORCE BASE, Calif., Aug. 16, 2010 /PRNewswire via COMTEX/ -- A Raytheon Company (NYSE: RTN) Exoatmospheric Kill Vehicle (EKV) demonstrated successful two-stage flyout on June 6, 2010 during the latest test of the Missile Defense Agency's Ground-based Midcourse Defense (GMD) system.
During this non-intercept mission, Raytheon's EKV met all test objectives, gathering critical data on kill vehicle performance that will improve the fidelity of its simulation models.
"This test o... |
| | | 08/12/10 | Raytheon Awarded $90 Million First Task Order Under Battle Command Development Contract| WASHINGTON, Aug. 12, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) was awarded a task order for total logistics support of the Battle Command Sustainment Support System (BCS3) under the Battle Command Development indefinite-delivery, indefinite-quantity contract.
This program includes an 11-month base period and two 12-month option periods through March 2013. The contract value is approximately $90 million if all options are exercised.
"This important win establishes Raytheo... |
| | | 08/09/10 | Raytheon Develops Next Generation Jammer Technology for U.S. Navy| EL SEGUNDO, Calif., Aug. 9, 2010 /PRNewswire via COMTEX/ -- The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a $42 million contract to develop advanced electronic attack system technology known as the Next Generation Jammer.
The Next Generation Jammer is scheduled to replace the legacy ALQ-99 jamming pods, providing new capabilities for the U.S. Navy's EA-18G Growler, F-35 aircraft and unmanned aerial vehicles. Raytheon completed an initial feasibility study and proposed an innovative ... |
| | | 08/09/10 | U.S. Air Force Selects Raytheon's GBU-53/B for Small Diameter Bomb II Program| TUCSON, Ariz., Aug. 9, 2010 /PRNewswire via COMTEX/ -- The U.S. Air Force selected Raytheon Company's (NYSE: RTN) GBU-53/B for the Small Diameter Bomb increment II program. The SDB II is an air-launched, precision-strike standoff weapon that will enable the warfighter to defeat moving and fixed targets in adverse weather conditions.
The $450 million contract calls for Raytheon's GBU-53/B to begin engineering manufacturing development. Delivery is expected to begin in 2013 with a required ass... |
| | | 08/09/10 | Raytheon High-Speed Guard now on U.S. GSA Schedule| BOSTON, Aug. 9, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) High-Speed Guard information-sharing solution has been added to the U.S. General Services Administration (GSA) schedule of products and services available to the government.
Raytheon High-Speed Guard provides the ability to transfer information between security domains at the industry's fastest transfer speeds. GSA is America's only source solely dedicated to procuring goods and services for the government.
Rayt... |
| | | 08/05/10 | Raytheon Receives $13 Million for Aegis Modernization| TEWKSBURY, Mass., Aug. 5, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) was awarded a $13.7 million U.S. Navy contract to upgrade the Aegis weapons system for several Arleigh Burke-class destroyers and Ticonderoga-class cruisers.
Under the Aegis modernization baseline contract, Raytheon will implement various ordnance alterations to enhance the weapons system's tracking performance and missile communication capabilities. The upgrades will improve radio frequency signal generat... |
| | | 08/05/10 | DDG 1000 Team Receives 2010 Department of Defense Value Engineering Award| TEWKSBURY, Mass., Aug. 5, 2010 /PRNewswire via COMTEX/ -- The U.S. Navy, Raytheon Company (NYSE: RTN) and members of the DDG 1000 industry team were honored with a 2010 Department of Defense Value Engineering Award. The team was recognized for results achieved through the government-sponsored Surface Ship Affordability Initiative.
The Value Engineering Awards Program acknowledges exemplary achievements and encourages projects to improve in-house and contractor productivity. The Surface Ship ... |
| | | 08/03/10 | Raytheon Releases 2009 Corporate Responsibility Report| WALTHAM, Mass., Aug. 3, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has issued the company's 2009 Corporate Responsibility Report. The report outlines Raytheon's progress and milestones in the areas of corporate governance; ethics; Engineering, Technology and Mission Assurance; diversity; safety and wellness; energy and the environment; information technology; and community support.
"Our guiding principle is that we have a responsibility to make our company and our world bet... |
| | | 08/02/10 | Raytheon to Install Chemical Sensors in the Port of Providence| TEWKSBURY, Mass., Aug. 2, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) received a contract from the city of Providence, R.I., to strengthen surveillance in its port by integrating chemical-detection sensors into the existing security system.
Working with emergency management and environmental agencies, and using cameras and sensors provided by Smith's Detection, Raytheon's Integrated Defense Systems (IDS) will install equipment and integrate immediate warning capabilities to... |
| | | 07/29/10 | Raytheon Reports Second Quarter Results|
- Net sales of $6.0 billion(1)
- Adjusted EPS of $1.36, up 11 percent; reported EPS from continuing operations was $0.56(1)
- Adjusted operating margin of 12.6 percent, up 30 basis points; reported operating margin was 5.8 percent(1)
- Solid operating cash flow from continuing operations of $400 million
WALTHAM, Mass., July 29, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) announced second quarter 2010 Adjusted EPS of $1.36 per diluted share, compared to $1.22 per diluted sh... |
| | | 07/27/10 | Raytheon Awarded $23 Million to Provide Mission Support for RAID System| TEWKSBURY, Mass., July 27, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a $23 million U.S. Army contract extension to provide mission support and system sustainment for the Rapid Aerostat Initial Deployment systems that protect U.S. and coalition forces deployed to Afghanistan and Iraq.
"This additional mission and sustainment support will further improve RAID's capability as a multifunctional battlefield system, providing enhanced situational awareness to th... |
| | | 07/26/10 | Terminal High Altitude Area Defense Radar Performs Successfully in Missile Defense Test at Pacific Range| TEWKSBURY, Mass., July 26, 2010 /PRNewswire via COMTEX/ -- The Terminal High Altitude Area Defense (THAAD) radar built by Raytheon Company (NYSE: RTN) performed successfully in the latest integrated THAAD flight test. The test, conducted by the Missile Defense Agency and Lockheed Martin, (NYSE: LMT) THAAD prime contractor and system integrator, occurred at the Pacific Missile Range Facility in Hawaii June 29, 2010.
The test marks the seventh successful intercept of a threat-representative tar... |
| | | 07/26/10 | Raytheon-Boeing Team on Target During First Government-Funded Test of JAGM| WHITE SANDS MISSILE RANGE, N.M., July 26, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed the first of three government-sponsored firings of the Joint Air-to-Ground Missile. During the successful test, the JAGM used its laser guidance system to hit an 8-by-8-foot target board from a distance of 16 kilometers (10 miles).
The Raytheon-Boeing JAGM features a tri-mode seeker with laser; an uncooled imaging infrared sensor; and millimeter w... |
| | | 07/23/10 | Raytheon Joint Standoff Weapon C-1 Completes Captive Flight Test Series| FARNBOROUGH, England, July 23, 2010 /PRNewswire via COMTEX/ -- The U.S. Navy completed a series of three captive flight tests on Raytheon Company's (NYSE: RTN) Joint Standoff Weapon C-1, putting the program closer to achieving initial operating capability in 2012.
JSOW is a family of low-cost, air-to-ground weapons that employs an integrated GPS- inertial navigation system and terminal imaging infrared seeker, guiding the weapon to the target. JSOW C-1 adds moving maritime target capability ... |
| | | 07/22/10 | Raytheon Achieves First Milestone for Patriot United Arab Emirates Program| FARNBOROUGH, England, July 22, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) achieved an important first milestone in support of its Patriot United Arab Emirates (UAE) program.
The company completed the upgrade of a Patriot radar, on loan from the U.S. Army, to the latest configuration (Configuration-3) and now has the necessary support system in place to begin the design verification and validation testing for the UAE's Patriot Air and Missile Defense Systems.
"This is an i... |
| | | 07/22/10 | Raytheon and Elcome Marine Complete Phalanx Maintenance for Indian Navy| FARNBOROUGH, England, July 22, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and Elcome Marine Services of Mumbai, India, completed inspection and maintenance on two Phalanx Close-in Weapon Systems for the Indian Navy.
"Raytheon and Elcome worked together to complete this project in just a few days," said Cynthia Davis, Raytheon Missile Systems vice president of International Business Development. "The Indian Navy now has two highly effective Phalanx systems to defend the INS ... |
| | | 07/22/10 | South Africa Purchases Raytheon Paveway(TM) Laser-Guided Bombs| First sale of significant U.S. defense equipment to South Africa in 25 years
FARNBOROUGH, England, July 22, 2010 /PRNewswire via COMTEX/ --The South African Department of Defence awarded Raytheon Company (NYSE: RTN) a contract for Paveway II laser-guided bombs.
Raytheon will provide the South African military with LGB computer control groups and air foil groups that transform "dumb" bombs into precision-guided munitions for operational test and evaluation on South Africa's Gripen fighter... |
| | | 07/21/10 | Raytheon Consolidated Manufacturing Center Delivers 200th AESA Radar| FARNBOROUGH, England, July 21, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has delivered its 200th APG-79 active electronically scanned array radar to Boeing for installation on U.S. Navy F/A-18E/F and EA-18G aircraft and the Royal Australian Air Force F/A-18F Super Hornet.
"As we celebrate our 200th APG-79 AESA delivery, it is also significant to note that the U.S. Navy has now flown Raytheon's AESA radars for more than 115,000 operational flight hours," said Fred Lanes, bu... |
| | | 07/21/10 | Raytheon Marks 10 Years of AESA Radar Flight| Radar exceeds 150,000 operational flight hours and makes strides in next-generation AESA development
FARNBOROUGH, England, July 21, 2010 /PRNewswire via COMTEX/ -- Remaining at the forefront of the AESA (active electronically scanned array) radar revolution, Raytheon Company (NYSE: RTN) is marking 10 years of advanced radar flight.
A squadron of Air Force F-15Cs was the first to become operational with the world's first tactical AESA radar systems in December 2000.
The company has achiev... |
| | | 07/21/10 | Raytheon's ASTOR Saving Lives in the Counterinsurgency Battle| FARNBOROUGH, England, July 21, 2010 /PRNewswire via COMTEX/ -- After a year of deployed operations, Raytheon Company's (NYSE: RTN) Airborne Stand-Off Reconnaissance system continues to support ground forces by developing pattern of life profiles across wide areas, detecting insurgent activity and contributing to force protection.
Recently designated in service as Sentinel, ASTOR is deployed in support of NATO ISAF (International Security Assistance) forces with the U.K. Royal Air Force in Af... |
| | | 07/20/10 | Raytheon Expands International Electronic Warfare Business with Egyptian Air Force Contract Win| FARNBOROUGH, England, July 20, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) newest integrated electronic warfare suite "ACES" has been selected by the Egyptian Air Force to provide self-protection capabilities for its F-16 aircraft. The EAF recently agreed to purchase 20 Block 52 F-16 aircraft from prime contractor Lockheed Martin.
Raytheon has been successful in expanding its international business in recent years. Important wins in this market include the selection of ACE... |
| | | 07/20/10 | Raytheon Company to Release Second Quarter Results on July 29, 2010| WALTHAM, Mass., July 20, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) will issue its second quarter 2010 earnings news release at 7:00 a.m. EDT Thursday, July 29, 2010. The release will be posted on the Raytheon home page.
The second quarter 2010 earnings results conference call will be at 9:00 a.m. EDT on Thursday, July 29, 2010. The call will be audiocast on the Internet at http://www.raytheon.com/ir. Charts to be referenced during the call will be available on the website ... |
| | | 07/20/10 | U.S. Navy Awards $250 Million V-22 Contract to Raytheon| FARNBOROUGH, England, July 20, 2010 /PRNewswire via COMTEX/ -- The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a five-year, $250 million indefinite delivery-indefinite quantity contract for support of the V-22 aircraft. Tasks under the contract include V-22 avionics systems software, situational awareness software and prototype hardware, and avionics acquisition support for the customer.
"Raytheon has supported the V-22 program for more than 27 years," said Wayne Iurillo, vice preside... |
| | | 07/20/10 | Raytheon Unveils New Modernized Patriot System Interface| FARNBOROUGH, England, July 20, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) is providing attendees at the Farnborough International Airshow with a hands-on experience of its new state-of-the-art Patriot modern man station (MMS).
On display at Raytheon's all-new exhibit pavilion (building OE9), the MMS demonstrator provides the latest innovative technologies and capabilities of the new operator-machine interface and station.
Part of the modernized Patriot Air and Missile Def... |
| | | 07/19/10 | Raytheon to Construct Standard Missile Production Facility in Huntsville, Ala.| FARNBOROUGH, England, July 19, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) Missile Systems business plans to build an all-up-round Standard Missile production facility in Huntsville, Ala. Raytheon intends to construct the state-of-the-art integration center on the U.S. Army's Redstone Arsenal site.
Raytheon will use the facility for final assembly and testing of Standard Missile-3 and Standard Missile-6. SM-3 production is expected to increase substantially in the next 10 ... |
| | | 07/19/10 | U.S. Air Force Awards Raytheon $12.6 Million Helmet Mounted Integrated Targeting Contract| FARNBOROUGH, England, July 19, 2010 /PRNewswire via COMTEX/ -- The U.S. Air Force has awarded Raytheon Company (NYSE: RTN) a $12.6 million contract for Phase 1 integration and qualification of the Helmet Mounted Integrated Targeting (HMIT) system for Air Force and Air National Guard A-10C and F-16C Block 30/32 aircraft.
HMIT will be a "heads-up" system that displays crucial information in high-resolution color imagery directly in the pilot's field of vision. Information displayed will includ... |
| | | 07/19/10 | Raytheon's Phalanx Sensors Used in Laser Shoot Down of Airborne Targets| FARNBOROUGH, England, July 19, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and a U.S. Navy team used a combined-beam fiber laser to shoot down four unmanned aerial vehicles in flight during an over-the-water engagement.
The UAV targets were engaged and destroyed using the Navy's Laser Weapon System guided by Raytheon's Phalanx Close-in Weapon System sensor suite. LaWS is made up of six industrial-use lasers that simultaneously focus on the target.
"These engagements valida... |
| | | 07/18/10 | Raytheon Awarded Radar Contract for P-8I Maritime Surveillance Aircraft| FARNBOROUGH, England, July 18, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has received a contract from Boeing to develop an international version of the APY-10 surveillance radar.
The long-range, multimission, maritime and overland surveillance radars will be installed on the P-8I aircraft Boeing is building for the Indian Navy. This is the first international contract award for Raytheon's APY-10 program, extending the company's considerable presence in the international ma... |
| | | 07/18/10 | Raytheon Forms Team to Pursue Next Phase of Joint Precision Approach Landing System| FARNBOROUGH, England, July 18, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN), the prime lead for Joint Precision Approach Landing System Increment 1, has formed a team to include Rockwell Collins and Honeywell International to compete for JPALS Increment 2.
JPALS is a civil and military precision landing system. It provides accurate, reliable landing guidance for fixed- and rotary-wing aircraft during all weather conditions. JPALS features anti-jam protection to assure mission... |
| | | 07/16/10 | Raytheon Provides Tactical Networked Communications in Indian Military Field Demonstration| First time 2-Mbps EPLRS capability demonstrated internationally
FARNBOROUGH, England, July 16, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has successfully proved its tactical networked communications capabilities using the Enhanced Position Location Reporting System-Extended Frequency-International (EPLRS-XF-I) during a second-phase field demonstration in support of India's modernization efforts.
System performance during the April 2010 demo was marked by a highly reliabl... |
| | | 07/16/10 | Raytheon and Serco Team for UK Joint Military Air Traffic Services Program| LONDON, July 16, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and Serco Limited (Serco) have teamed to provide a low-risk, cost-effective solution for the U.K. Ministry of Defence (MOD) Joint Military Air Traffic Services program.
Known as Project Marshall, JMATS is a managed service program spanning 22 years, which requires the delivery and management of network-based services, applications, equipment and training in MOD military airfields and for deployed operations.
"Ray... |
| | | 07/16/10 | Raytheon Names Mark T. Esper Vice President of Government Relations| WASHINGTON, July 16, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has appointed Dr. Mark T. Esper to the position of vice president, Government Relations. Esper will report to Thomas M. Culligan, the company's executive vice president of Business Development and CEO of Raytheon International, Inc.
"Mark joins Raytheon following a distinguished career on Capitol Hill, at the Pentagon, with a number of prominent industry associations and think tanks, and with the U.S. Army," Cu... |
| | | 07/15/10 | U.S. Navy Certifies Raytheon's Second Performance Based Logistics Depot| MCKINNEY, Texas, July 15, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) second U.S. Navy Performance Based Logistics facility has been certified to perform depot level repairs for its Multi-Spectral Targeting System.
"It's important that the fleet benefits from this relationship, and that the warfighter leaves with new capabilities for the battlefield," said Mark Schroeder, program manager of Raytheon's Intelligence Surveillance and Reconnaissance Systems. "We look forward t... |
| | | 07/14/10 | Raytheon Delivers Third Advanced SUV-based Radiation Detection System to Florida| TEWKSBURY, Mass., July 14, 2010 /PRNewswire via COMTEX/ --
Raytheon Company (NYSE: RTN) delivered its third Mobile Nuclear Radiation Detection System (MNRDS) to Florida's Department of Transportation.
The Florida Department of Transportation took ownership of the system during a ceremony at Raytheon's Integrated Defense Systems' Integrated Air Defense Center in Andover, Mass.
"With this third delivery, the state of Florida is expanding its ability to protect citizens against nuclear threa... |
| | | 07/13/10 | Raytheon Exhibit Pavilion at Farnborough Air Show to Feature Interactive Experiences Spanning 'Innovation In All Domains'| WALTHAM, Mass., July 13, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) will offer attendees of the 2010 Farnborough International Air Show (July 19-25, Farnborough, England) the opportunity to test-drive some of the company's latest technologies and learn about its innovative products and programs, spanning the domains of Air, Land, Sea, Space and Cyber.
Raytheon's new exhibit pavilion (building OE9) will feature interactive demonstrations and electronic information on critical... |
| | | 07/12/10 | Navy Awards $59 Million to Raytheon for Aegis Advanced Procurement| TEWKSBURY, Mass., July 12, 2010 /PRNewswire via COMTEX/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) $59.2 million for advanced procurement of critical components of the Aegis weapons system for the next two Arleigh Burke-class destroyers, DDG 114 and DDG 115.
The contract represents the latest chapter of the Navy and Raytheon's 30-year partnership on the Aegis program.
Under the contract, the Navy will receive advanced procurement materials and associated services for the AN/SPY-... |
| | | 07/12/10 | Raytheon Receives $14 Million Ship Self Defense System Contract| TEWKSBURY, Mass., July 12, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a $14.2 million contract to deliver the Ship Self Defense System (SSDS Mk 2) Open Architecture for four U.S. Navy ships and one land-based test facility.
SSDS is an open, distributed combat management system for aircraft carriers and expeditionary warfare ships. It is designed to expedite the detect-to-engage sequence to defend against anti-ship cruise missiles. SSDS links and automates s... |
| | | 07/07/10 | Raytheon BBN Technologies Awarded Defense Funding to Advance Automatic Translation| CAMBRIDGE, Mass., July 7, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) BBN Technologies has been awarded an additional $6.14 million in funding by DARPA (the Defense Advanced Research Projects Agency) under the Multilingual Automatic Document Classification, Analysis and Translation (MADCAT) program. This award follows Raytheon BBN's success in meeting required milestones during the first two years of the MADCAT program.
The MADCAT program's goal is to create a prototype sy... |
| | | 07/06/10 | U.S. Navy Awards Raytheon $368 Million in Contracts for Standard Missile-6| TUCSON, Ariz., July 6, 2010 /PRNewswire via COMTEX/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) contracts totaling $368 million with potential modifications for low rate initial production to manufacture Standard Missile-6 systems over a three-year period.
The contracts include the production of missiles, spare parts, and system and design engineering efforts. Raytheon will deliver the first missiles in early 2011.
"Low rate initial production begins our process of delivering thi... |
| | | 07/01/10 | Raytheon Links Acoustic Sensor, Netted Combat System for Enhanced Counter Sniper Capability| MCKINNEY, Texas, July 1, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has linked its Boomerang acoustic sensor and network-ready Long Range Advanced Scout Surveillance System to provide an enhanced counter sniper solution for the warfighter.
"Connecting Boomerang and netted LRAS3 is a plug-and-play operation that results in a powerful counter sniper capability," said Glynn Raymer, vice president, Raytheon Network Centric Systems Combat Systems. "Combined, these systems facilit... |
| | | 06/24/10 | Raytheon to Develop Cooling System Technology for the U.S. Navy| TEWKSBURY, Mass., June 24, 2010 /PRNewswire via COMTEX/ --The Office of Naval Research has awarded a contract to Raytheon Company (NYSE: RTN) to develop next-generation phase-change cooling system technology for the U.S. Navy.
The Advanced Naval Cooling System (ANCS) program will develop system level solutions for implementing phase-change cooling technologies in future naval combatants. Raytheon's unique solution was selected because it can provide increased performance and improved cooling d... |
| | | 06/22/10 | Raytheon BBN Technologies Achieves Quantum Information Breakthrough| Controlling interaction of light and matter is a major advance toward large-scale quantum computing
CAMBRIDGE, Mass., June 22, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) BBN Technologies has achieved a major advance in quantum information technology with the coupling of light and superconductors.
The achievement is described in a paper, "Direct Observation of Coherent Population Trapping in a Superconducting Artificial Atom," that was recently published in Physical Revie... |
| | | 06/22/10 | Raytheon Appoints Thomas A. Kennedy President of Integrated Defense Systems| WALTHAM, Mass., June 22, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has appointed Dr. Thomas A. Kennedy, 55, president of Raytheon Integrated Defense Systems (IDS), effective immediately. Kennedy succeeds Daniel L. Smith, who will retire from the company, effective July 30, 2010.
(Photo: http://photos.prnewswire.com/prnh/20100622/NE25188 )
(Photo: http://www.newscom.com/cgi-bin/prnh/20100622/NE25188 )
Kennedy brings significant experience in defense, sensing and intelligen... |
| | | 06/21/10 | Justice Department Recognizes Raytheon for Small Business Subcontracting Accomplishments| DULLES, Va., June 21, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has received a U.S. Department of Justice award for its small business subcontracting accomplishments for a second consecutive year.
Raytheon's Mission Operations and Services (MOS) business unit received the award June 8, 2010, for its commitment to give small businesses and service-disabled, veteran-owned small businesses significant work on the FBI's Law Enforcement National Data Exchange (N-DEx) program.
Th... |
| | | 06/21/10 | Raytheon BBN Technologies Awarded $17 Million in Defense Funding to Advance Rapid Foreign Language Processing| CAMBRIDGE, Mass., June 21, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) BBN Technologies has been awarded an additional $17 million in funding by the Defense Advanced Research Projects Agency (DARPA) in the final year of the five-year Global Autonomous Language Exploitation (GALE) program.
The goal of GALE is to develop and apply software technologies to transcribe, translate, and distill large volumes of speech and text in multiple languages - all with more than 90 percent a... |
| | | 06/15/10 | Raytheon Introduces New System for Tactical Networked Communications| PARIS, June 15, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) is introducing the new Enhanced Mobile Ad-Hoc Network Radio System(TM) to provide netted communications and tactical data for coalition interoperability.
Available for coalition forces, EMARS delivers easy-to-use and proven capabilities for seamless coalition use on vehicular and dismounted applications.
"Our new EMARS system supports a broad range of time-critical missions such as air defense, command and control, a... |
| | | 06/15/10 | Raytheon Receives $73 Million to Advance Patriot Capabilities for Taiwan and Kuwait| TEWKSBURY, Mass., June 15, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) received a $73 million contract for spares as part of upgrades to Configuration-3 of the Patriot Air and Missile Defense System for Taiwan and Kuwait.
The contract is the first of its kind for international Patriot partners and combines the spares requirements for both Taiwan and Kuwait. The spares will support the upgrade and operation of existing Patriot systems fielded by both countries.
"This award ena... |
| | | 06/14/10 | Raytheon to Develop New Airborne TOW Launcher| PARIS, June 14, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) will develop an airborne launcher designed to employ radio frequency-guided TOW (tube-launched, optically-tracked, wireless-guided) missiles. The new TOW airborne launcher will be compatible with past, present and future versions of the TOW missile.
The TOW weapon system features a family of multimission missiles fired from a variety of ground and helicopter platforms.
"The ability to launch a TOW missile from a heli... |
| | | 06/14/10 | ThalesRaytheonSystems Awarded $21.8 Million to Modernize U.S. Army AN/MPQ-64 Sentinel Radars| FULLERTON, Calif., and PARIS, June 14, 2010 /PRNewswire via COMTEX/ --ThalesRaytheonSystems has been awarded a $21.8 million contract by the U.S. Army to upgrade multiple AN/MPQ-64 Sentinel air defense radar systems. This award is an option to the existing upgrade contract originally awarded in June 2007.
The contract will upgrade the U.S. Army Sentinel radar transmitters, receivers and exciters and increase functional capabilities such as faster data processing and greater detection range for... |
| | | 06/10/10 | Raytheon Space Sensor Tasked for First-Of-Its-Kind Military Use| EL SEGUNDO, Calif., June 10, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) hyperspectral imaging sensor known as ARTEMIS is being prepared for a first-of-its-kind tactical military role by the Air Force Space Command.
The company's Advanced Responsive Tactically Effective Military Imaging Spectrometer has successfully completed its one-year experimental mission aboard the Air Force Research Laboratory's Tactical Satellite-3. Based on the success of that mission, Raytheon has be... |
| | | 06/09/10 | Raytheon Leads Efforts to Build a Scalable, Interoperable Analytics System to Aid Defense| LINTHICUM, Md., June 9, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) is leading efforts with industry, national labs and commercial partners to build a new analytics system that readily scales to trillions of entities in a highly extendable, distributable framework to meet the world's rapidly changing security needs.
"With nearly a third of all humans on the Internet, the civil, commercial and military worlds are swimming in data - in fact, too much data," said Steve Hawkins, vi... |
| | | 06/09/10 | Raytheon Awarded $12.7 Million for Private Land Mobile Radio System Solution| MARLBOROUGH, Mass., June 9, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has been awarded a $12.7 million contract to provide Allegheny Power a seamless land mobile radio system that will help improve radio frequency coverage and communications reliability.
Raytheon's P25net digital land mobile radio system solution will also improve standardization and interoperability, which will allow lineworkers to share information and communicate more easily across the company's 30,000-squ... |
| | | 06/02/10 | Raytheon Awarded $21.8 Million Contract for Environmental Toolkit Modifications| Joint Environmental Toolkit delivers actionable environmental intelligence
OMAHA, Neb., June 2, 2010 /PRNewswire via COMTEX/ --The Air Forcehas awarded Raytheon Company (NYSE: RTN) a $21.8 million contract for modifications to the Joint Environmental Toolkit (JET) program for next-generation weather systems.
The award was made by the Electronic Systems Center of the Air Force Materiel Command at Hanscom Air Force Base, Mass.
JET provides actionable environmental intelligence and tailored n... |
| | | 05/27/10 | Raytheon Company Declares Quarterly Cash Dividend| WALTHAM, Mass., May 27, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.375 cents per outstanding share of common stock. The cash dividend is payable on August 12, 2010 to shareholders of record as of the close of business on July 6, 2010.
Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government marke... |
| | | 05/24/10 | Raytheon's SeaRAM Completes Blast Test Vehicle Launches| TUCSON, Ariz., May 24, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) SeaRAM Anti-ship Missile Defense System completed two blast test vehicle launches aboard the USS Independence (LCS 2).
Designed to validate the structural integrity of both the weapon system and the ship, the launches clear the way for SeaRAM's live-fire testing on LCS 2 later this year.
"SeaRAM met all test objectives and demonstrated the system's critical at-sea firing capabilities," said Al Steichen, Rayt... |
| | | 05/24/10 | U.S. Air Force Awards Raytheon $97 Million for More Miniature Air Launched Decoys| TUCSON, Ariz., May 24, 2010 /PRNewswire via COMTEX/ --The U.S. Air Force awarded Raytheon Company (NYSE: RTN) $96.7 million for a third production lot of the Miniature Air Launched Decoy.
MALD(TM) is a state-of-the-art, low-cost, decoy flight vehicle that is modular, air-launched and programmable. It weighs less than 300 pounds and has a range of approximately 500 nautical miles (about 575 statute miles).
"MALD protects aircrew and their aircraft by mimicking the signatures and combat flight... |
| | | 05/21/10 | Raytheon and the New England Patriots Award 11 Scholarships to Boys & Girls Club Science Fair Winners| Program doubles in size in second year with 100 kids competing
FOXBOROUGH, Mass., May 21, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and the New England Patriots hosted the "Science of Sports" Science Fair on Sunday at Gillette Stadium. Eighteen teams spanning New Hampshire, Massachusetts and Rhode Island displayed their projects highlighting the science and math elements of popular sports.
The "Science of Sports" Science Fair is the culmination of a five-month program. It... |
| | | 05/14/10 | Raytheon Celebrates 50 Years of Laser Technology Innovation| WALTHAM, Mass., May 14, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) is proud to recognize the 50th anniversary of the laser and to celebrate the many innovations that emerged since Theodore Maiman of Hughes Research Labs developed the first working laser May 16, 1960.
As part of the celebration, Raytheon hosted a dinner in El Segundo, Calif., Thursday to recognize employees and retirees from Raytheon and Hughes Aircraft Company who have been central to the company's laser innov... |
| | | 05/14/10 | Raytheon Names James W. Wade Vice President, Mission Assurance| WALTHAM, Mass., May 14, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has appointed Dr. James W. Wade to the position of vice president, Mission Assurance. Wade will report to Mark E. Russell, the company's vice president of Engineering, Technology and Mission Assurance.
(Photo: http://www.newscom.com/cgi-bin/prnh/20100514/NE04784 )
"Jim is eminently qualified to lead end-to-end Mission Assurance, performance excellence and Raytheon Six Sigma throughout the company," Russell sa... |
| | | 05/13/10 | Raytheon High-Speed Guard 3.0 Added to UCDMO Baseline List of Trusted Cross-Domain Solutions| Peak performance of industry's fastest guard is 9 gigabits per second, an increase of 80 percent
GARLAND, Texas, May 13, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) High-Speed Guard information-sharing solution has been added to the Unified Cross Domain Management Office (UCDMO) Baseline list of cross-domain technologies, which provide the ability to access and-or transfer information between security domains. In addition, Raytheon High-Speed Guard now provides customers with... |
| | | 05/12/10 | Raytheon Pledges $1.5 Million to Advance Army Museum's Education Programs| WALTHAM, Mass., May 12, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has committed $1.5 million to the National Museum of the United States Army as a sponsor of science, technology, engineering and math (STEM) education content in the Museum's Experiential Learning Center. The museum, which will open its doors in 2015, hopes to attract 200,000 students each year to its Fort Belvoir, Va., location.
"Today's young students represent the promise of a new generation of technologists... |
| | | 05/12/10 | Raytheon Links Combat Systems for Networked Lethality at Army Exercise| MCKINNEY, Texas, May 12, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) networked an array of combat systems during a U.S. Army experimental force exercise to evaluate existing and emerging capabilities for improved situational awareness and targeting efficiency.
At the Army Expeditionary Warrior Experiment, Raytheon linked a number of combat sensors and weapons systems for improved lethality. The tactical network included a 3rd-generation electro-optical Mast Mounted System, the ... |
| | | 05/11/10 | As Lead Technology Integrator for AEWE, Raytheon Demonstrates High-Bandwidth Wireless Communications and Network Interoperability| MARLBOROUGH, Mass., May 11, 2010 /PRNewswire via COMTEX/ --As the lead technology integrator for the recent U.S. Army Training and Doctrine Command's Army Expeditionary Warrior Experiment (AEWE), Raytheon Company (NYSE: RTN) successfully connected more than 25 technologies from more than 20 different companies and agencies into a common network.
This was the first time the Army contracted this role to an industry partner. The key enabler for the common network was Raytheon's Mobile Ad-Hoc Inte... |
| | | 05/11/10 | Raytheon Extends Commitment as Title Sponsor of Raytheon MATHCOUNTS(R) National Competition| Raytheon renews MATHCOUNTS program sponsorship through 2014
WALTHAM, Mass., May 11, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) will continue as title sponsor of the Raytheon MATHCOUNTS National Competition through 2014. The official announcement was made at the competition awards ceremony in Lake Buena Vista, Fla., Saturday, May 8, 2010.
Of the 224 competitors who advanced to the 2010 Raytheon MATHCOUNTS National Competition, Mark Sellke of West Lafayette, Ind., emerged as... |
| | | 05/10/10 | Raytheon Establishes Raytheon Technical Services Middle East LLC| AMMAN, Jordan, May 10, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has created a private limited company in Riyadh, the Kingdom of Saudi Arabia, to pursue training opportunities in the kingdom and the region.
"Establishing Raytheon Technical Services Middle East LLC allows us to better serve customers and to develop deeper relationships necessary to long-term success," said John Harris, Raytheon Technical Services Company LLC president. "We provide the highest-quality technica... |
| | | 05/10/10 | U.S. Air Force Awards Raytheon $34 Million for Laser-Guided Maverick| AMMAN, Jordan, May 10, 2010 /PRNewswire via COMTEX/ --The U.S. Air Force awarded Raytheon Company (NYSE: RTN) $34.4 million to continue design work on the AGM-65E2/L laser-guided Maverick missile, the newest variant of the Maverick. The contract requires Raytheon to develop, integrate and test the missile's guidance and control section.
"The laser-guided Maverick is an ideal weapon for urban combat and high-speed maneuvering targets," said Harry Schulte, vice president of Raytheon Missile Syst... |
| | | 05/07/10 | Mark Sellke, Indiana 8th- Grader and California Team named National Mathematics Champions at 2010 Raytheon MATHCOUNTS(R) National Competition| Raytheon MATHCOUNTS(R) National Competition crowns America's newest top 'Mathlete'(R)
LAKE BUENA VISTA, Fla., May 7, 2010 /PRNewswire via COMTEX/ --Mark Sellke of West Lafayette, Ind. was named the winner of the 2010 Raytheon MATHCOUNTS(R) National Competition today at Walt Disney World Swan and Dolphin Resort. This year's winning Mathlete(R) answered the following math problem in less than 45 seconds to be crowned the national champion of this year's competition:
(Photo: http://www.newsc... |
| | | 05/06/10 | Raytheon Voted 'Top 20 Training Outsourcing Company' by TrainingIndustry.com| Award recognizes comprehensive suite of capabilities
DALLAS, May 6, 2010 /PRNewswire via COMTEX/ --Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), was named a "2010 Top 20 Training Outsourcing Company" by TrainingIndustry.com. The Top 20 list recognizes the leading training outsourcing companies for their high-quality services and comprehensive capabilities.
"This list shows the continued strengthening of the leaders in the training business process outsourc... |
| | | 05/06/10 | U.S. Air Force Awards Raytheon $49 Million for Stand-In Jammer| TUCSON, Ariz., May 6, 2010 /PRNewswire via COMTEX/ --The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a $48.9 million contract to begin engineering, manufacturing and design (EMD) of its Miniature Air Launched Decoy stand-in jammer variant.
MALD(TM) is a state-of-the-art, low-cost, decoy flight vehicle that is modular, air-launched and programmable. It weighs less than 300 pounds and has a range of approximately 500 nautical miles (about 575 statute miles). The MALD-J adds radar-jamming... |
| | | 05/05/10 | Raytheon-Boeing Team Demonstrates JAGM Can Be Employed From Super Hornet| TUCSON, Ariz., May 5, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed wind tunnel testing of the Joint Air-to-Ground Missile. The test proved the team's JAGM can be flown and employed from the F/A-18 E/F Super Hornet's outboard wing station.
"The warfighter can place a full Raytheon-Boeing JAGM missile load on the outer wing stations, enabling the system to safely exceed the objective load-out requirement on the Super Hornet," said Bob F... |
| | | 05/05/10 | Nation's Best and Brightest Vie for Top 'Mathlete'(R) Honor at the Raytheon MATHCOUNTS(R) National Competition| Test your math knowledge on Facebook, and see how your skills add up
WALTHAM, Mass., May 5, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) will host the nation's top 224 middle school math minds as the title sponsor of the 2010 Raytheon MATHCOUNTS(R) National Competition May 6-9 at Walt Disney World Swan and Dolphin Resort, Lake Buena Vista, Fla. The MATHCOUNTS finalists from across the United States will compete to earn the titles of 2010 National Champion and National Champion T... |
| | | 05/04/10 | Raytheon Delivers 100th Standard Missile-3 Block IA to Missile Defense Agency| TUCSON, Ariz., May 4, 2010 /PRNewswire via COMTEX/ --In a significant production milestone, Raytheon Company (NYSE: RTN) delivered the 100th Standard Missile-3 Block IA to the Missile Defense Agency.
"SM-3 Block IA is a proven, mature system that is protecting the U.S. and its allies today, and Raytheon continues to deliver this national asset ahead of schedule and below cost," said Frank Wyatt, vice president of Raytheon's Air and Missile Defense Systems product line. "This milestone is furth... |
| | | 05/04/10 | U.S. Navy receives first Electronic Modular Enclosure for DDG 1000| TEWKSBURY, Mass., May 4, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) delivered the first Electronic Modular Enclosure (EME) for the Zumwalt-class destroyer (DDG 1000) to the U.S. Navy.
This delivery provides leap-ahead technology and cost-effective innovation to modernize the approach to shipbuilding and mission equipment integration. EMEs are large subsystem assemblies that efficiently package the shock mitigation, electromagnetic interference protection, thermal conditioning,... |
| | | 05/04/10 | Raytheon's Expanded Mission Capability Radar Completes Flight Testing| MCKINNEY, Texas, May 4, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) expanded mission capability SeaVue radar completed its flight testing on an MQ-9 Predator aircraft.
This expanded mission capability (XMC) version of SeaVue is an advanced maritime situational awareness suite that significantly reduces operator workload and improves mission efficiency.
"A solid partnership between U.S. Customs and Border Protection, U.S. Naval Sea Systems Command (NAVSEA), the Johns Hopkins... |
| | | 05/03/10 | U.S. Navy's Dual Band Radar Achieves X- and S-Band Milestone| TEWKSBURY, Mass., May 3, 2010 /PRNewswire via COMTEX/ --For the first time, the U.S. Navy has successfully tracked targets with a multiband radar featuring a common radar suite controller.
This milestone, which took place at the Navy's Engineering Test Center, Wallops Island, Va., was accomplished through the use of an engineering development model of the Dual Band Radar (DBR) developed by the Navy's prime contractor, Raytheon Company (NYSE: RTN), and its subcontractor Lockheed Martin Corporat... |
| | | 05/03/10 | Raytheon's Standard Missile-6 Program Begins Sea-Based Flight Testing| WASHINGTON, May 3, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) Standard Missile-6 begins sea-based flight testing this month, paving the way for initial operational capability (IOC) in 2011.
"With its over-the-horizon protection, SM-6 increases the surface Navy's battlespace against air and cruise missile threats and offers protection for coalition forces ashore," said Frank Wyatt, Raytheon's vice president of Air and Missile Defense Systems product line. "These sea-based fli... |
| | | 04/29/10 | Raytheon Awarded $89.5 Million Digital Radar Warning Receiver Contract| GOLETA, Calif., April 29, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has received an $89.5 million contract award from the U.S. Navy for the continued production of its ALR-67(V)3 digital radar warning receiver.
The contract includes systems and spares for the U.S. Naval Air Systems Command as well as international customers.
"This award reflects our continuing commitment to providing highly reliable, advanced electronic warfare products and technologies to our customers," s... |
| | | 04/28/10 | Raytheon Partners with NAMMO for Second Source of AMRAAM Motors| Additional source assures AMRAAM supply for US and allies
TUCSON, Ariz., April 28, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and the Norwegian defense company NAMMO have begun qualifying an alternative rocket motor for the AIM-120 Advanced Medium Range Air-to-Air Missile. The new motor will be interchangeable with the AMRAAM propulsion system and will maintain the same performance as the current rocket engine.
"A second source of rocket motors ensures Raytheon will meet i... |
| | | 04/26/10 | Raytheon Awarded Contract for Integrated Standoff Inspection System| TEWKSBURY, Mass., April 26, 2010 /PRNewswire via COMTEX/ --The Defense Threat Reduction Agency (DTRA) has awarded Raytheon Company (NYSE: RTN) a $20.5 million contract to research and develop an automated system for the standoff detection and identification of shielded special nuclear material.
The Integrated Standoff Inspection System, or ISIS, is an active interrogation nuclear radiation detection system that will provide the government with an accurate and reliable inspection system that is... |
| | | 04/23/10 | Raytheon Earns 2010 InfoWorld Green 15 Award for Sustainability Initiatives| WALTHAM, Mass., April 23, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) was named to IDG's InfoWorld Green 15 for its information technology (IT)-driven energy solutions that saved the company $17.4 million in 2009, and that enabled it to leverage IT to improve business processes and operations. This is the second consecutive year InfoWorld recognized Raytheon for its sustainability efforts.
"Raytheon's green IT program is a core component of the company's broader sustainability ... |
| | | 04/22/10 | Raytheon Reports Strong First Quarter Results| --Highlights - Strong bookings of $6.5 billion; net sales of $6.1 billion - Earnings per share (EPS) from continuing operations of $1.18; FAS/CAS Adjusted EPS(1) of $1.27, up 17 percent - Solid operating cash flow from continuing operations of $257 million - As previously announced, increased annual dividend rate by 21 percent to $1.50 per share and authorized new $2.0 billion share repurchase program
WALTHAM, Mass., April 22, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) announc... |
| | | 04/21/10 | Raytheon Awarded $19 Million U.S. Navy Missile Launcher Contract| INDIANAPOLIS, April 21, 2010 /PRNewswire via COMTEX/ --The U.S. Navy's Naval Air Systems Command has awarded Raytheon Company (NYSE: RTN) an $18.9 million firm-fixed-price contract to produce LAU-115D/A and LAU-116B/A missile launchers.
The launchers are used on Navy F/A-18E/F and E/A-18G aircraft. They provide the structural and electrical interfaces that allow the aircraft to carry and launch missiles such as the Advanced Medium-Range Air-to-Air Missile (AMRAAM) and AIM-9X Sidewinder.
The ... |
| | | 04/20/10 | Raytheon-Boeing Team Fires First Joint Air-to-Ground Missile| WHITE SANDS MISSILE RANGE, N.M., April 20, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) fired the first Joint Air-to-Ground Missile during a test funded by the two companies.
The weapon, fired from a ground-based rotary-wing launcher, performed a series of preprogrammed maneuvers and flew to a predesignated location, validating the flight control software and Brimstone airframe. The mission met all primary test objectives.
"The Raytheon-Boeing... |
| | | 04/19/10 | Raytheon Installs Frost Protection System in Canadian Vineyard| TEWKSBURY, Mass., April 19, 2010 /PRNewswire via COMTEX/ --A Canadian horticulture research center has contracted with Raytheon Company (NYSE: RTN) to install a prototype microwave frost protection system at its Ontario vineyard.
Tempwave(TM) is a Raytheon-developed system that uses low-level microwave radiant heat to prevent frost damage to crops. Microwave energy is transmitted from towers located in an orchard or vineyard changing the energy balance that slows cooling to prevent freeze dama... |
| | | 04/19/10 | Raytheon Opens New Office in Portsmouth, England, Focused on Training| PORTSMOUTH, England, April 19, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has opened a new office in Portsmouth, England, that will focus on delivering training to United Kingdom customers.
"We have a number of training activities under way in the United Kingdom, and this site will enable us to work more collaboratively with our customers and demonstrate how our low-risk capabilities provide the best value," said David Appel, Raytheon Technical Services Company LLC director of... |
| | | 04/16/10 | TALON Laser-Guided Rocket Completes Flight Tests, Verifies Production Configuration| YUMA PROVING GROUNDS, Ariz., April 16, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and Emirates Advanced Investments (EAI) completed four ground-based guided flight tests of the TALON Laser-Guided Rocket.
The TALON LGR is an affordable, semi-active laser guidance and control kit that connects directly to the front of 2.75-inch unguided rockets currently in U.S. and international inventories.
"The Raytheon-EAI team has a proven, production-ready laser-guided rocket," said Dr. ... |
| | | 04/15/10 | Raytheon-Boeing Team Validates Joint Air-to-Ground Missile Seeker During Captive Flight Tests| TUCSON, Ariz., April 15, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed a second series of captive flight tests for the Joint Air-to-Ground Missile competition.
"This test proved that all modes of the Raytheon-designed seeker work properly, and that the JAGM seeker can transfer back and forth between the two hardest modes - imaging infrared and millimeter wave," said Bob Francois, vice president of Raytheon Missile Systems' Advanced Mis... |
| | | 04/15/10 | Raytheon Sends Eight Teams to FIRST(R) Robotics Championship in Atlanta April 15-17| Sponsors 36 FIRST Robotics teams in 2010; awarding scholarships to 40 participants
WALTHAM, Mass., April 15, 2010 /PRNewswire via COMTEX/ --Eight teams sponsored by Raytheon Company (NYSE: RTN) are competing in the FIRST Robotics Championship Event April 15-17, 2010, in Atlanta, Ga. In addition, Raytheon will award $1,000 scholarships to 40 Raytheon-sponsored team members who plan to pursue college degrees in science, technology, engineering or math (STEM).
The FIRST Robotics Championship ... |
| | | 04/13/10 | Raytheon Completes Second Communications Upgrade for Environmental Satellite in Antarctica| COLORADO SPRINGS, Colo., April 13, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has successfully completed a major communications upgrade in Antarctica for the National Polar-orbiting Operational Environmental Satellite System (NPOESS) program.
The upgrade of the satellite communications link at McMurdo Station provides better operational performance, supporting higher data rates for off-continent communications. McMurdo Station is the largest of the three U.S. Antarctic Program... |
| | | 04/13/10 | Raytheon Company to Release First Quarter Results on April 22, 2010| WALTHAM, Mass., April 13, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) will issue its first quarter 2010 earnings news release at 7:00 a.m. EDT Thursday, April 22, 2010. The release will be posted on the Raytheon home page.
Raytheon's first quarter 2010 earnings results conference call will be at 9:00 a.m. EDT on Thursday, April 22, 2010. The call will be audiocast on the Internet at http://www.raytheon.com/ir. Charts to be referenced during the call will be available on the web... |
| | | 04/12/10 | Raytheon Awarded $88 Million Airport Passenger Screening Equipment Services Contract| RESTON, Va., April 12, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) was awarded an $88 million task order to install passenger checkpoint screening equipment at airports nationwide.
The task order was issued under the Transportation Security Administration's Security Equipment Integration Services contract. Raytheon will be responsible for installing equipment that includes a wide range of technologies. The contract began March 24 and ends March 23, 2011.
"The Raytheon team lo... |
| | | 04/12/10 | Raytheon to Showcase Innovative Capabilities at National Space Symposium 2010| COLORADO SPRINGS, Colo., April 12, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) will highlight several space and cyberspace technologies at the 26th National Space Symposium April 12-15.
Raytheon's exhibit will showcase more than 15 innovative capabilities for environmental solutions; global intelligence, surveillance and reconnaissance (ISR); hyperspectral imaging; navigation; and cybersecurity.
The display will include an interactive demonstration of Raytheon's Visible/Infra... |
| | | 04/08/10 | Raytheon's Data-Fusion Tracker Capability First To Go Live with Federal Aviation Administration| WASHINGTON, April 8, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) Standard Terminal Automation Replacement System (STARS) in Philadelphia is the first Federal Aviation Administration facility to go live with fused Automatic Dependent Surveillance-Broadcast track data for aircraft surveillance.
ADS-B, a key foundation of the FAA's Next Generation Air Transportation System (NextGen), enables the transition from ground-based to satellite-based air traffic control. Fusion allows a... |
| | | 04/06/10 | Raytheon Awarded Earth Observing System Engineering Contract by NASA Goddard| RESTON, Va., April 6, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) was awarded a NASA Goddard contract to maintain and manage large volumes of sensing data and imagery from space instruments.
The Earth Observing System Data and Information System (EOSDIS) evolution and development contract will give climate researchers access to valuable data about the earth's atmospheres, oceans, lands and their interactions.
The evolution and development program, an indefinite-delivery, inde... |
| | | 04/05/10 | Raytheon Awarded a One-Year Extension to United States Antarctic Program Support Contract| RESTON, Va., April 5, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) Raytheon Polar Services, a division of Raytheon Technical Services Company (RTSC), was awarded a one-year extension to its current contract with National Science Foundation (NSF) for science, operations and logistics support to the U.S. Antarctic Program.
Raytheon Polar Services has earned excellent performance ratings since 2000 as the prime contractor to the U.S. Antarctic Program for NSF. The extension will ... |
| | | 04/05/10 | California MATHCOUNTS(R) Winners To Vie in National Raytheon-Sponsored Competition| EL SEGUNDO, Calif., April 5, 2010 /PRNewswire via COMTEX/ --Hundreds of California middle school students participated March 20 in a MATHCOUNTS state-level competition sponsored by Raytheon Company (NYSE: RTN).
Students in the sixth, seventh and eighth grades in counties from Kern to San Diego traveled to the University of California at Irvine for a head-to-head mathematics contest designed to challenge the sharpest young minds in the nation. Raytheon sponsors the MATHCOUNTS organization and i... |
| | | 04/01/10 | Raytheon Joint Standoff Weapon C-1 Conducts First Captive-Flight Test| NAVAL AIR WARFARE CENTER CHINA LAKE, Calif., April 1, 2010 /PRNewswire via COMTEX/ --Raytheon Company's (NYSE: RTN) Joint Standoff Weapon C-1 achieved a major milestone when it completed its first captive-flight test on an F/A-18E/F fighter aircraft.
JSOW is a family of low-cost, air-to-ground weapons that employs an integrated GPS- inertial navigation system and terminal imaging infrared seeker that guide the weapon to the target. JSOW C-1 adds moving maritime target capability and the two-wa... |
| | | 04/01/10 | Raytheon Opens Soldier Works Warrior Integration Center| COLUMBUS, Ga., April 1, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) opened its new Soldier Works facility to improve collaboration with military and industry partners in developing new soldier systems and warfighter technologies.
Located near Fort Benning, Ga., Soldier Works can employ virtual simulation, human factors engineering and network-experimentation capabilities to design, demonstrate and test force modernization solutions.
"Soldier Works provides closer proximity ... |
| | | 03/31/10 | Raytheon Delivers on Miniature Air Launched Decoy Contract| EGLIN AIR FORCE BASE, Fla., March 31, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) delivered an operationally significant quantity of the Miniature Air Launched Decoy to the U.S. Air Force. This delivery allows the U.S. Air Force to reach its "required assets available" as scheduled.
"The commander of Air Combat Command now has the necessary quantity of decoys and support equipment to train, equip and deploy his forces with this mission-essential system," said Ken Watson, the U.... |
| | | 03/30/10 | Raytheon Makes First Delivery of Encrypted Identification Technology to U.S. Air Force| KIV-77 Mode 4/5 crypto applique delivered more than 60 days ahead of schedule
MARLBOROUGH, Mass., March 30, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has delivered the first of the KIV-77 Mode 4/5 crypto applique computers to the U.S. Air Force more than 60 days ahead of contract schedule.
The delivery was the first of a five-year, indefinite delivery-indefinite quantity agreement. The KIV-77 Mode 4/5 crypto applique computers for Identification Friend or Foe (IFF) equipmen... |
| | | 03/30/10 | Raytheon to Provide Integrated Tolling and Traffic Management System for the Capital Beltway| WASHINGTON, March 30, 2010 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has been selected by Transurban (USA) Inc. to deliver an integrated tolling and traffic management system for a 14-mile section of the I-495 Capital Beltway in Northern Virginia. Financial terms were not disclosed.
Transurban (USA) Inc. is part of Transurban Group, which is a major transportation concessionaire owning and operating toll roads in the United States and Australia. The company has more than 5 million... |
| | | 03/25/10 | Missile Defense Agency Honors Raytheon Employees for Satellite Shoot Down| WASHINGTON, March 25, 2010 /PRNewswire via COMTEX/ -- Three Raytheon Company (NYSE: RTN) employees received the Missile Defense Agency's Technology Achievement Award at the 8th Annual U.S. Missile Defense Conference March 24. The employees were honored for their significant contributions to Operation Burnt Frost - the interception of a non-functioning satellite in space.
Lt. Gen. Patrick O'Reilly, MDA director, presented the awards for significant contributions in missile defense to Richard Hu... |
| | | 03/25/10 | Raytheon Names David Jensen Vice President of Communications for its Intelligence Business| FALLS CHURCH, Va., March 25, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has named David L. Jensen vice president of communications for its Intelligence and Information Systems (IIS) business.
Jensen's prime responsibility is leading internal and external communication programs in support of IIS' growth strategy.
Jensen came to Raytheon from General Electric where he was senior vice president of marketing and communications for GE Capital International Services. He was respo... |
| | | 03/24/10 | Raytheon Company Increases Dividend 21 Percent, its Sixth Consecutive Annual Increase; Announces New $2.0 Billion Share Repurchase Plan| WALTHAM, Mass., March 24, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) Board of Directors has voted to increase the Company's annual dividend payout rate by 21 percent from $1.24 to $1.50 per share. The Board also authorized payment of a quarterly cash dividend of $0.375 per outstanding share of common stock to be paid on April 29, 2010 to shareholders of record as of the close of business on April 6, 2010. Payment of quarterly dividends is subject to Board authorization.
The... |
| | | 03/17/10 | Raytheon Awarded $12 Million for Patriot Missile Field Surveillance Program| TEWKSBURY, Mass., March 17, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) was awarded $11.9 million to provide material and technical services in support of the Patriot Missile Field Surveillance program.
This contract from the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., is a modification to a three-year contract awarded to Raytheon in January 2008 for the Patriot Air and Missile Defense System. Under the contract modification, Raytheon will continue to suppo... |
| | | 03/17/10 | Raytheon Missile Systems Establishes Air and Missile Defense Systems Product Line| WASHINGTON, March 17, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) Missile Systems business has established a missile defense product line. Already a world leader in missile defense, the company's new Air and Missile Defense Systems product line will create even greater alignment with its Missile Defense Agency customer.
"Missile defense is a major component of the company's portfolio," said Dr. Taylor W. Lawrence, Raytheon Missile Systems president. "With a broad array of pr... |
| | | 03/15/10 | Raytheon Engineer Appointed to Governor's STEM Advisory Council| TEWKSBURY, Mass., March 15, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) engineer Alex Sanchez was recently appointed by Massachusetts Gov. Deval Patrick to the commonwealth's Science, Technology, Engineering and Math (STEM) Advisory Council.
The governor's STEM Advisory Council was established by an executive order for the commonwealth to "leverage more effectively its resources in the areas of science, technology, engineering and math; enhance the state's STEM workforce; incr... |
| | | 03/11/10 | Raytheon, Motion Reality Ink Agreement For Virtual Applications| MCKINNEY, Texas, March 11, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and Motion Reality Inc. have entered into an exclusive value-added reseller agreement to offer virtual 3-D mission and training applications to military, law enforcement and security forces.
The agreement pairs Raytheon's leading defense and government systems expertise with MRI's pioneering motion-capture technology, VIRTSIM, a widely recognized standard-setter in immersive virtual simulation.
"Together,... |
| | | 03/10/10 | Raytheon Announces Executive Appointments| WALTHAM, Mass., March 10, 2010 /PRNewswire via COMTEX/ -- Richard R. Yuse Named President, Raytheon Space and Airborne SystemsJohn D. Harris II Named President, Raytheon Technical Services CompanyDavid Wilkins Named Vice President of Contracts and Supply Chain
Raytheon Company (NYSE: RTN) announced three new executive appointments today.
Richard R. Yuse, 58, has been named president, Raytheon Space and Airborne Systems (SAS) business, effective immediately. Yuse succeeds Jon C. Jones, who pas... |
| | | 03/09/10 | Raytheon Awarded $152 Million for Patriot Engineering Services| TEWKSBURY, Mass., March 9, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) was awarded a $152.4 million contract modification to provide engineering services for the Patriot Air and Missile Defense System.
This contract from the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., is the second of four annual modifications to the original 2009 baseline contract for Patriot engineering services. Under the contract, Raytheon will continue to provide the latest upgrades an... |
| | | 03/09/10 | Raytheon, PlantCML Conduct Joint Civil Communications Open Architecture Demonstration| Live demonstrations available on demand at IWCE Booth #5134
MARLBOROUGH, Mass., March 9, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and PlantCML, an EADS North America company, will conduct joint demonstrations of APCO Project 25 (P25) Inter-RF Sub-System Interface at the International Wireless Communication Expo in Las Vegas, March 10-12, 2010.
IWCE attendees will be able to witness production versions of Raytheon P25net and PlantCML's COR (P25) radio systems communicating ... |
| | | 03/08/10 | Raytheon Mourns the Passing of Jon C. Jones| WALTHAM, Mass., March 8, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) extends its deepest condolences and heartfelt support to the family and friends of Jon C. Jones, a Raytheon Company vice president, and president of the Space and Airborne Systems (SAS) business, who died this past weekend of an apparent heart attack. He was 55.
An admired leader and colleague, Jon Jones joined the Raytheon family in 1977. He steadily progressed to senior management by overseeing the engineer... |
| | | 03/03/10 | Raytheon Delivers Targeting Pod 6 Months Ahead of Schedule| MCKINNEY, Texas, March 3, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) reached a milestone in January with delivery of its 414th Advanced Targeting Forward Looking Infrared pod to the U.S. Navy six months ahead of schedule.
"This delivery reflects the true team effort, the open communication, and the tremendous amount of work, energy and skill by Raytheon and the Naval Air Systems Command," said Tim Carey, vice president for Intelligence, Surveillance and Reconnaissance Systems... |
| | | 03/02/10 | Raytheon Awarded $18 Million for SLAMRAAM Long-Lead Purchases| TEWKSBURY, Mass., March 2, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) Surface Launched Medium Range Air-to-Air Missile (SLAMRAAM) program has received approval from the U.S. Army for long-lead purchases, not to exceed $18 million, leading to low rate initial production.
This approval is significant as it underscores the Army's confidence in the system and the capability it brings to the warfighter. This funding will accelerate the manufacturing schedule for key command and ... |
| | | 03/01/10 | Raytheon to Enhance Air Traffic Management Systems in India| HYDERABAD, India, March 1, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a contract by the Airports Authority of India to automate air traffic control services at the Chennai International Airport.
Raytheon will install AutoTrac III, its next-generation air traffic management system, to help reduce delays in aircraft arrival and departure. The new system will also have real-time meteorological information to assist air traffic controllers in adjusting to changin... |
| | | 03/01/10 | Raytheon Names William F. Kiczuk Vice President, Chief Technology Officer| WALTHAM, Mass., March 1, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has appointed William F. Kiczuk to the position of chief technology officer and vice president, reporting to Mark E. Russell, the company's vice president of Engineering, Technology and Mission Assurance.
In this role, Kiczuk will be responsible for developing and executing an integrated technology and research strategy for the company. He will chair the company's technology leadership team, which oversees ... |
| | | 02/26/10 | Raytheon Targeting System Achieves 750,000 Flight-Hour Milestone| MCKINNEY, Texas, Feb. 26, 2010 /PRNewswire via COMTEX/ -- A Raytheon Company (NYSE: RTN) airborne targeting system whose video imagery helps soldiers, intelligence analysts and commanders in the field make critical operating decisions recently exceeded 750,000 hours of flight.
The Multi-Spectral Targeting System employs a full-motion video camera for long-range surveillance and high-altitude acquisition, tracking and laser designation from a manned or unmanned aircraft. In October 2008, C4ISR ... |
| | | 02/26/10 | Raytheon Wins $886 Million Contract To Develop Next-Generation GPS Control Segment| Program to improve security, accuracy and reliability of GPS satellitesAURORA, Colo., Feb. 26, 2010 /PRNewswire via COMTEX/ -- The U.S. Air Force has selected Raytheon Company (NYSE: RTN) for an initial contract of $886 million to develop a new element of the Global Positioning System to improve the accuracy of information from GPS satellites.
The contract represents the first two development blocks of the advanced control segment (OCX), which will have a significant impact on GPS capabilities... |
| | | 02/25/10 | Raytheon Delivers 2,000th Tomahawk Block IV Cruise Missile to U.S. Navy| TUCSON, Ariz., Feb. 25, 2010 /PRNewswire via COMTEX/ -- In a significant production milestone, Raytheon Company (NYSE: RTN) delivered the 2,000th Tomahawk Block IV cruise missile to the U.S. Navy.
"Tomahawk Block IV provides the Navy with a combat-proven weapon that plays a critical role in hybrid warfare operations," said Capt. Dave Davison, the U.S. Navy's program manager for the Tomahawk weapon system. "The Navy's receipt of the 2,000th Tomahawk Block IV provides the commander with a powerf... |
| | | 02/22/10 | Raytheon Awarded Air Force Association Fellowship for Contributions to Reconnaissance Aircraft| ORLANDO, Fla., Feb. 22, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded the Air Force Association's Jimmy Doolittle Educational Fellowship for contributions in the field of airborne reconnaissance.
Raytheon Intelligence and Information Systems President Lynn Dugle accepted the award at the Air Warfare Symposium and Technology Exposition gala dinner Feb. 19 in Orlando, Fla.
Presented by the Central Florida Chapter of the AFA, the fellowship this year "Salutes aer... |
| | | 02/18/10 | Raytheon to Provide Improved Track Correlation and Fusion Capability| TEWKSBURY, Mass., Feb. 18, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a $4.8 million contractto develop and install a system that will provide improved intelligence and information sharing to the Joint Interagency Task Force-South (JIATF-S).
Raytheon will provide JIATF-S with a track correlation system consisting of a multisensor correlation, intelligence fusion, and information-sharing capability as part of the Joint Operations Center modernization project k... |
| | | 02/18/10 | Raytheon Miniature Air Launched Decoy Jammer Completes Critical Design Review| ORLANDO, Fla., Feb. 18, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) Miniature Air Launched Decoy Jammer (MALD-J(TM)) variant completed a major milestone when it passed a U.S. Air Force critical design review (CDR).
MALD(TM) is a state-of-the-art, low-cost, decoy flight vehicle that is modular, air-launched and programmable. It weighs less than 300 pounds and has a range of approximately 500 nautical miles (about 575 statute miles). The MALD-J adds radar-jamming capability to... |
| | | 02/17/10 | Raytheon Advances Maturity of Zumwalt's Total Ship Computing Environment| TEWKSBURY, Mass., Feb. 17, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) achieved another in a series of milestones for the Zumwalt-class destroyer program with the successful Total Ship Computing Environment (TSCE) Release 6 software specifications review.
Zumwalt's TSCE is an advanced, open systems architecture that provides a scalable platform for cost-efficient delivery of new mission capability while capitalizing on the reuse of millions of lines of code from existing Navy ... |
| | | 02/17/10 | Raytheon Laser-Guided Maverick on Track for Developmental, Operational Testing| ORLANDO, Fla., Feb 17, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) AGM-65E2/L, the newest variant of the laser-guided Maverick missile, is on track to enter developmental and operational testing.
The laser-guided Maverick missile is a direct-attack, air-to-ground precision munition used extensively by the U.S. Air Force, Navy and Marine Corps in ongoing combat operations.
"Raytheon, the U.S. Air Force and the U.S. Navy just finished a critical design review, and the team i... |
| | | 02/16/10 | Raytheon Voted No. 1 in HRO Today Magazine's 'Baker's Dozen in Learning'| Award is the third in a series of recent industry honorsDALLAS, Feb. 16, 2010 /PRNewswire via COMTEX/ -- Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), was named the No. 1 training outsource provider in HRO Today magazine's "Baker's Dozen in Learning."
Doug Harward, industry consultant and CEO, TrainingIndustry.com, said: "RPS excels at managing complex training solutions. This award is an acknowledgement from their customers of the value RPS provides in help... |
| | | 02/16/10 | Raytheon Teams With Larsen & Toubro on India Tank Upgrade Proposal| NEW DELHI, Feb. 16, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and Larsen & Toubro Limited (L&T) have submitted an L&T-led proposal to upgrade Indian Army T-72 tanks.
The announcement was made Tuesday at DEFEXPO India 2010 in New Delhi.
Under the proposal, Raytheon will provide infrared imaging sights and electronics to improve target accuracy and increase overall system lethality of T-72 tank battalions. Raytheon has provided more than 20,000 thermal sights in ... |
| | | 02/15/10 | Raytheon Joint Standoff Weapon C-1 Proves Networked Capability with JSTARS Aircraft| NEW DELHI, Feb. 15, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) Joint Standoff Weapon C-1 completed a major milestone when the weapon's Strike Common Weapon Datalink (SCWDL) communicated via Link-16 nodes with a Joint Surveillance and Target Attack Radar System aircraft. The test demonstrated the weapon's ability to function as a node on the network and moved the system one step closer to engaging moving maritime targets.
JSOW is a family of low-cost, air-to-ground weapons t... |
| | | 02/15/10 | Raytheon Celebrates 'Engineering Everywhere' for National Engineers Week Feb. 14-20| MathMovesU(R) program hosts hands-on, interactive science and math events for middle school students across the United StatesWALTHAM, Mass., Feb. 15, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) will celebrate National Engineers Week Feb. 14-20 and promote innovative ways to teach math and science with a series of interactive and hands-on events for middle school students across the country.
Raytheon employee volunteers will host a series of fun-filled demonstrations using fund... |
| | | 02/10/10 | Raytheon Awarded $38 Million U.S. Air Force Delivery Order to Modify Weapons Training Equipment| INDIANAPOLIS, Feb. 10, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has received a $37.9 million delivery order from the U.S. Air Force to modify weapons data link equipment used in pilot training for F-15 fighter aircraft.
This is the second delivery order under a 2007 indefinite-delivery, indefinite-quantity (IDIQ) contract awarded to Raytheon Technical Services Company LLC (RTSC) for the Air Force Training Frequency Relocation (TFR) program. TFR is the Air Force's initiative... |
| | | 02/08/10 | Raytheon and Opel/Vauxhall win Silver Award from Brandon Hall Research| DALLAS, Feb. 8, 2010 /PRNewswire via COMTEX/ -- Raytheon Professional Services LLC, EMEA, a subsidiary of Raytheon Company (NYSE: RTN), and Opel/Vauxhall, won a Silver Award from Brandon Hall Research in the Best Results of a Learning Program category.
The award honors RPS for the European sales curriculum it designed, developed, deployed and manages on behalf of Opel/Vauxhall in Europe. The Brandon Hall Research Excellence in Learning Awards recognize the best in innovative learning content a... |
| | | 02/08/10 | Raytheon Executives to Speak at Barclays Capital's Industrial Select Conference| WALTHAM, Mass., Feb. 8, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) announced today that William H. Swanson, Raytheon chairman and chief executive officer, and David C. Wajsgras, Raytheon senior vice president and chief financial officer, will speak at Barclays Capital's Industrial Select Conference on Wednesday, February 17, 2010. Their presentation is scheduled to start at 8:50 a.m. ET.
Swanson's and Wajsgras' remarks will be audiocast live (listen-only mode) through the Ray... |
| | | 02/04/10 | Raytheon Awarded $58 Million for Patriot Tactical Missile Upgrades| TEWKSBURY, Mass., Feb. 4, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a $58.2 million contract for Patriot Guidance Enhanced Missile-Tactical, or GEM-T, missiles.
The U.S. Army Aviation and Missile Command (AAMCOM), Redstone Arsenal, Ala., issued the contract to upgrade 124 Patriot Advanced Capability-2 missiles to the configuration. This is a follow-on contract issued as part of AAMCOM's Patriot missile continuous technology refreshment program initiated in 2... |
| | | 02/03/10 | U.S. Air Force Awards Raytheon $170 Million Contract for Infrared-Guided Maverick Missiles| TUCSON, Ariz., Feb. 3, 2010 /PRNewswire via COMTEX/ -- The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a $170million Foreign Military Sales contract to produce AGM-65D and AGM-65G2 infrared-guided Maverick air-to-surface missiles for the United Arab Emirates.
The AGM-65 Maverick family of precision-attack missiles is used by the air, naval and marine forces of 33 countries. More than 69,000 missiles have been produced to date, and more than 6,000 have been used in combat with a 93 perc... |
| | | 02/01/10 | Raytheon BBN Technologies Demonstrates First-of-its-Kind Disruption-Tolerant Military Network| CAMBRIDGE, Mass., Feb. 1, 2010 /PRNewswire via COMTEX/ -- Raytheon BBN Technologies demonstrated the successful transmission of voice and data across a wireless mobile ad hoc network that was in a constant state of flux, mimicking the communications challenges that military networks confront in tactical use.
These results mark milestone achievements for the Wireless Network After Next (WNaN) program, which is sponsored by the Defense Advanced Research Projects Agency and the Air Force Research... |
| | | 02/01/10 | Raytheon Deploys Civil Communications Solutions Demonstration| Traveling facility will demonstrate seamless communications to first respondersMARLBOROUGH, Mass., Feb. 1, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has developed a mobile civil communications solutions demonstration that allows first responders to experience seamless communications capabilities that could help save lives when crises strike.
The mobile demonstration is a high-tech experience where public safety professionals can fully immerse themselves in rescue scenarios a... |
| | | 01/29/10 | Raytheon-Boeing Team Completes First Joint Air-to-Ground Missile Captive Flight Test| TUCSON, Ariz., Jan. 29, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed a series of captive flight tests for the Joint Air-to-Ground Missile competition. The tests prove the system is ready for guided test shots.
"The Raytheon-Boeing JAGM is a mature, capable system. We have proved the technical readiness of this superior warfighting solution," said Bob Francois, vice president of Raytheon Missile Systems' Advanced Missiles and Unmanned ... |
| | | 01/28/10 | Raytheon Reports Strong Fourth Quarter and Full-Year 2009 Results; Reaffirms Outlook for Continued Growth in 2010| Highlights
Solid bookings of $7.1 billion in the quarter and $25.1 billion for the year
Delivered strong sales growth of 10 percent in the quarter and 7 percent for the year
Fourth quarter diluted earnings per share (EPS) from continuing operations of $1.30, up 29 percent; full-year 2009 EPS from continuing operations of $4.89, up 24 percent
Strong operating cash flow of $1.1 billion in the quarter and $2.7 billion for the year
WALTHAM, Mass., Jan. 28, 2010 /PRNewswire via COMTEX/ -... |
| | | 01/27/10 | Raytheon's Year of Math In Action Calculates Wide Reach to More Than 50,000 Young Students| Hallmark year marked by grand opening of Sum of all Thrills(TM),title sponsorship of MATHCOUNTS National Competition and unveiling of Raytheon U.S. STEM Modeling ToolWALTHAM, Mass., Jan. 27, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) today announced the 2009 highlights and achievements of its MathMovesU(TM) program, which is committed to increasing U.S. students' interest in STEM (science, technology, engineering and math). MathMovesU engages young students with unique, interac... |
| | | 01/26/10 | Raytheon Wins $4.3 Million Contract for On-Dock Rail Nuclear Detectors| TEWKSBURY, Mass., Jan. 26, 2010 /PRNewswire via COMTEX/ -- Under a $4.3 million contract from the Department of Homeland Security (DHS), Raytheon Company (NYSE: RTN) is developing next-generation panels that can scan rail cars to detect nuclear weapons and other materials.
The new panels are an additional configuration in Raytheon's Advanced Spectroscopic portfolio, a series of panels that can be used in various ways to screen cars, trucks, cargo containers, and now rail cars at seaports, bord... |
| | | 01/20/10 | Raytheon Demonstrates Air-To-Ground Target Verification Capability At Bold Quest Exercise| MCKINNEY, Texas, Jan. 20, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) recently demonstrated its proven Target Verification System (TVS) capability to provide air-to-ground combat identification for U.S. and coalition partners during Operation Bold Quest.
Preliminary Bold Quest results show Raytheon TVS performed well in the air-to-ground role and under battlefield conditions of poor weather, obscured visibility and urban environments.
Raytheon had integrated the U.S. Army's... |
| | | 01/18/10 | Royal Australian Navy Test-Fires Raytheon Standard Missile-2| JERVIS BAY, Australia, Jan. 18, 2010 /PRNewswire via COMTEX/ -- The Royal Australian Navy fired Raytheon Company's (NYSE: RTN) Standard Missile-2 Block IIIA anti-air warfare missile during recent tests on board the HMAS Melbourne.
"With this firing, Melbourne'screw validated the work done to transition warships from SM-1 capability to SM-2," said Ron Shields, Raytheon's SM-2 program director. "This was the first time an SM-2 has been launched by any navy from an upgraded frigate, clearing the w... |
| | | 01/18/10 | Raytheon Company to Release 2009 Fourth Quarter and Year-End Results on January 28, 2010| WALTHAM, Mass., Jan. 18, 2010 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) will issue its 2009 fourth quarter and full-year earnings news release at 7:00 a.m. EST Thursday, January 28, 2010. The release will be posted on the Raytheon home page.
The 2009 fourth quarter and year-end earnings results conference call will be at 9:00 a.m. EST on Thursday, January 28, 2010. The call will be audiocast on the Internet at http://www.raytheon.com/ir. Charts to be referenced during the call wi... |
| | | 01/14/10 | Raytheon BBN Technologies to Protect Military Networks Against Malicious Cyberattacks| CAMBRIDGE, Mass., Jan. 14, 2010 /PRNewswire via COMTEX/ -- Raytheon BBN Technologies has been awarded a $2.9 million contract by the Air Force Research Laboratory to develop new approaches to better protect Department of Defense Service-Oriented Architectures (SOA) against malicious attacks.
Raytheon BBN Technologies is a wholly owned subsidiary of Raytheon Company (NYSE: RTN).
SOAs help developers build reliable new applications faster and at lower costs because they can incorporate previou... |
| | | 01/14/10 | Raytheon's Standard Missile-6 Completes Guided Test Vehicle Launch| WHITE SANDS, N.M., Jan. 14, 2010 /PRNewswire via COMTEX/ -- Raytheon Company's (NYSE: RTN) Standard Missile-6 successfully completed its fourth guided test vehicle launch, clearing the way for the missile's at-sea testing this year.
"All GTV engineering test objectives were met, demonstrating the SM-6's capabilities in this critical engagement," said Frank Wyatt, Raytheon's vice president of Naval Weapon Systems. "With its over-the-horizon protection, SM-6 will provide the surface Navy with an... |
| | | 01/13/10 | Raytheon Miniature Air Launched Decoy-Jammer Completes First Free-Flight Test| Program set for critical design review, engineering and manufacturing developmentTUCSON, Ariz., Jan. 13, 2010 /PRNewswire via COMTEX/ -- The U.S. Air Force and Raytheon Company (NYSE: RTN) completed the first free-flight test of the Miniature Air Launched Decoy-Jammer. The completion of this flight test sets the stage for a critical design review in 2010 and the conclusion of Phase II risk reduction.
The MALD-J(TM) adds radar-jamming capability to the basic MALD platform. MALD is a state-of-th... |
| | | 01/11/10 | Kuwait Air Defense Forces Conduct Successful Patriot Test Firings| TEWKSBURY, Mass., Jan 11, 2010 /PRNewswire via COMTEX/ -- The Kuwait Air Defense Forces successfully test fired Raytheon Company's (NYSE: RTN) Patriot Air and Missile Defense System against tactical ballistic missiles. The test firings were held last month at the Udairi Range in Kuwait in conjunction with other Kuwait Air Defense and Land Forces elements during a joint exercise.
The test firings used a Kuwait Patriot Configuration-2 Plus fire unit with Guidance Enhanced Missiles as the interce... |
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