2019 News Releases

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06/18/19Raytheon and Black Sage team to deliver counter-drone tech
Companies working together to defend against drone incursions PARIS, June 18, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Black Sage are now partnering through a formal teaming arrangement to provide an integrated drone detection and mitigation system for civil authorities, critical infrastructure and military organizations around the world. "As we saw at Gatwick and Heathrow airports, drones operating inside commercial air corridors are posing ... 
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06/17/19Raytheon testing AI to improve CV-22 maintenance planning
Pilot project designed to keep planes flying longer PARIS, June 17, 2019 /PRNewswire/ -- The U.S. military's V-22 joint program office and Raytheon Company (NYSE: RTN) are testing a new artificial intelligence tool to help better determine when repairs are needed to the multi-mode radar installed on U.S. Air Force CV-22 Ospreys. "Just like you get your car's oil changed every 5,000 miles, whether you need to or not, the military generally repairs parts on... 
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06/17/19Raytheon wins $234 million US Navy contract for 23 Joint Precision Approach and Landing Systems
PARIS, June 17, 2019 /PRNewswire/ -- Raytheon (NYSE: RTN) won a four-year $234 million initial low-rate production contract from the U.S. Navy to outfit all of its nuclear-powered aircraft carriers and amphibious assault ships with 23 Joint Precision Approach and Landing Systems. JPALS is a GPS-based precision landing system that guides aircraft to precision landings in all weather and surface conditions.   "The U.S. Navy understands how JPALS contributes to th... 
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06/17/19Raytheon StormBreaker smart weapon completes operational testing
New weapon hits moving targets in adverse weather PARIS, June 17, 2019 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) StormBreakerTM weapon has completed all operational test drops, moving it closer to initial operational capability. The StormBreaker tri-mode seeker uses imaging infrared and millimeter wave radar in its normal mode to give pilots the ability to destroy moving targets, even in adverse weather, from standoff ranges. Additionally, the weapon can use its semi-active laser guida... 
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06/17/19Patriot™ air and missile defense system upgrading to gamer-style interface
Simplifies engagement, operational training ANDOVER, Mass., June 17, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) engineers are integrating a Warfighter-Machine Interface, or WMI, into PDB 8.1., a soon-to-be-fielded Patriot upgrade. This new command and control technology allows coalition operators of Raytheon's combat-proven Patriot™ air and missile defense system to view complex data in a new, easy-to-understand way. WMI replaces pixelated shapes a... 
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06/09/19Raytheon and United Technologies Aerospace Businesses to Combine in Merger of Equals
- Combination will create a premier systems provider with advanced technologies to address rapidly growing segments of aerospace and defense - Expanded technology and R&D capabilities to deliver innovative and cost-effective solutions aligned with customer priorities - Significant near- and long-term benefits expected from uniting complementary portfolios of platform-agnostic capabilities, resulting in more than $1 billion of gross annual cost synergies by year four, as well as new rev... 
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06/05/19Raytheon and No Barriers seek disabled veterans for transformational expedition
Apply by July 7, 2019, for October Big Bend trek  TUCSON, Ariz., June 5, 2019 /PRNewswire/ -- Disabled veterans in Alabama, Arizona, New Mexico, Oklahoma and Texas can now apply for the 2019 No Barriers Warriors Big Bend Veteran Wilderness Expedition funded by Raytheon Company (NYSE: RTN). In October, the non-profit No Barriers USA will lead a team of 10 disabled veterans on a nine-day journey of discoveries and challenges in Big Bend National Park, Texas and on the Rio Grande River. Disabled... 
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06/04/19Raytheon systems complete first dual-target test of Ford-class integrated combat system
Performance clears path for U.S. Navy operational testing TEWKSBURY, Mass., June 4, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy completed the final developmental test of the latest generation of the Ship Self Defense System, or SSDS, Integrated Combat System for the USS Gerald R. Ford (CVN 78). The test was conducted off the coast of California from the Navy's unmanned Self Defense Test Ship simulating a scenario CVN 78 may encounter once deployed. ... 
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06/03/19Raytheon wins U.S. Air Force contract to mentor a small business on cybersecurity best practices
Effort diversifies DoD's supplier base AURORA, Colo., June 3, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Infinity Technology Services, LLC, won a two-year Mentor Protégé program contract from the U.S. Air Force. Mentor Protégé programs help the Department of Defense diversify its supplier base by giving small businesses experience in high-demand disciplines with a mentor company. Raytheon will help ITS mature its cybersecurity design, testing, defense and verification capabilitie... 
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05/30/19Raytheon Company declares quarterly cash dividend
WALTHAM, Mass., May 30, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.9425 per outstanding share of common stock. The cash dividend is payable on Aug. 1, 2019, to shareholders of record as of the close of business on July 10, 2019. About Raytheon Raytheon Company, with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specializing i... 
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05/28/19Raytheon missiles support complex NATO exercise
Real-world naval training will protect U.S. and allies HEBRIDES RANGE, Scotland, May 28, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) missiles played vital roles in the Naval Striking and Support Forces NATO military exercise called Formidable Shield 2019, which took place off the coast of Scotland and included scenarios of no-notice target launches.   During the event, the Standard Missile-3 was fired at a simulated target. Raytheon's S... 
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05/22/19New DeepStrike missile exceeds US Army lethality requirements
Latest test moves missile closer to maiden flight CAMDEN, Ark., May 22, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully tested an advanced warhead for the new DeepStrike® surface-to-surface missile, moving the weapon closer to its first flight test planned for later this year. The DeepStrike missile is Raytheon's offering for the U.S. Army's Precision Strike Missile, or PrSM, program. PrSM will replace the Army Tactical Missile System, whic... 
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05/21/19Raytheon successfully completes US Army's LTAMDS sense-off
Demonstration proves capabilities that meet US Army needs TEWSKBURY, Mass., May 21, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed technical testing during the U.S. Army's Lower Tier Air and Missile Defense Sensor sense-off at White Sands Missile Range in New Mexico. The two-week missile defense demonstration highlighted Raytheon's readiness to deliver mission-critical LTAMDS capability to the U.S. Army.   "Raytheon's clean-sheet ... 
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05/20/19Raytheon and JFK Library inspire "moonshot thinking" with new STEM challenge at Boys & Girls Clubs
JFK Space Labs Explorers Challenge presented by Raytheon complements Boys & Girls Clubs' summer STEM programming with International Space Station activities and experiments WALTHAM, Mass., May 20, 2019 /PRNewswire/ -- The John F. Kennedy Library Foundation, in partnership with Raytheon (NYSE: RTN), is inspiring the next generation of moonshot thinkers with a nationwide, space-themed STEM challenge designed specifically for Boys & Girls Clubs. The JFK Space Labs Explorers Challenge p... 
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05/13/19Daniel Mai named 2019 Raytheon MATHCOUNTS® National Champion
Massachusetts crowned top state MATHCOUNTS® team ORLANDO, Fla., May 13, 2019 /PRNewswire/ -- Daniel Mai, a 13-year-old, eighth grader from Acton, Massachusetts, became the 2019 Raytheon MATHCOUNTS National Champion, following an intense, elite competition at the Hilton Orlando Lake Buena Vista. Daniel Mai won the final round of the 2019 Raytheon MATHCOUNTS National Competition by answering the question: "What is the quotient of 5040 divided by the product ... 
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05/13/19Raytheon to start global installation of GPS OCX modernized monitoring station receivers
AURORA, Colo., May 13, 2019 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) GPS Next-Generation Operational Control System program, known as GPS OCX, completed final qualification testing of the system's modernized monitor station receivers, which are now ready to be installed around the world starting in August. GPS OCX is the enhanced ground control segment of a U.S. Air Force-led effort to modernize America's GPS system. "The modernized receivers give GPS OCX... 
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05/09/19Raytheon awarded contract to deliver Cooperative Engagement Capability to U.S. Navy
Total cumulative value up to $279 million TEWKSBURY, Mass., May 9, 2019 /PRNewswire/ -- Raytheon Co. (NYSE: RTN), Largo, Florida, is awarded a $15,267,422 cost-plus-incentive-fee, firm-fixed-price, cost-plus-fixed-fee, and cost-only contract for design agent and engineering services efforts to support the Cooperative Engagement Capability (CEC). The CEC program provides a sensor network with integrated fire control capability that significantly improves st... 
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05/07/19Raytheon providing US Marines with Naval Strike Missiles under Other Transaction Authority
Naval Strike Missiles can be launched from land or sea TUCSON, Ariz., May 7, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will integrate the Naval Strike Missile into the U.S. Marine Corps' existing force structure under a $47.59 million Other Transaction Authority agreement with Marine Corps Systems Command. A USMC NSM supports the 2018 National Defense Strategy and Commandant of the Marine Corps modernization efforts.    NSM is a long-range, precisi... 
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05/06/19Raytheon tests rocket motor for DARPA's MAD-FIRES interceptor
Advanced weapon may add firepower to US Navy ships YUMA PROVING GROUND, Ariz., May 6, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully tested a hot fire rocket motor for DARPA's Multi-Azimuth Defense Fast Intercept Round Engagement System, or MAD-FIRES.   The MAD-FIRES interceptor is designed to provide a robust and affordable self-defense capability that defeats multiple waves of anti-ship missiles, unmanned aerial vehicles, as well as other... 
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05/06/19US Navy, Raytheon test Excalibur N5 munitions
Guided projectiles can provide sailors with precision fires YUMA PROVING GROUND, Ariz., May 6, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy completed a new round of successful Excalibur® N5 munition test firings. The precision-guided projectiles demonstrated various short-, mid- and long-range capabilities. Designed to be fired from the Navy's five-inch guns, Excalibur N5 is the sea-based variant of the revolutionary, extended-range,... 
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05/01/19Raytheon delivering WiFi to the front lines
$663M IDIQ contract to deliver reliable communications anywhere in the world DULLES, Va., May 1, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will deliver new troposcatter communication systems to the U.S. Army as part of a 10-year, indefinite-delivery, indefinite-quantity contract worth up to $663 million to ensure troops have access to secure voice and data communications in contested environments. "Soldiers on the front lines can't afford dropped c... 
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04/30/19Raytheon system helps pilots fly drones beyond line of sight
Eliminates need for chase planes and ground observers in new FAA-approved Ohio drone test site SPRINGFIELD, Ohio, April 30, 2019 /PRNewswire/ -- Raytheon's (NYSE: RTN) Ground Based Detect and Avoid (GBDAA) system is now operational at Springfield-Beckley Municipal Airport and will be used to test the safety and efficiency of small drone operations in the 200 square mile drone test range. "GBDAA allows drone pilots to make safe decisions about flight maneu... 
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04/30/19Raytheon directed energy systems down multiple drones in US Air Force exercise
Speed-of-light technologies will protect ground troops WHITE SANDS MISSILE RANGE, N.M., April 30, 2019 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) advanced high power microwave and mobile high energy laser systems engaged and defeated multiple unmanned aerial system targets during a U.S. Air Force demonstration. The mature HPM and HEL technologies offer an affordable solution to the growing UAS threat.   The HEL system, paired with Raytheon's Multi-spec... 
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04/30/19Raytheon and John F. Kennedy Library Foundation inspire next generation of innovators with moonshot initiatives for students nationwide
JFK-named schools to be sponsored with Space Lab program WALTHAM, Mass., April 30, 2019 /PRNewswire/ -- The John F. Kennedy Library Foundation, in partnership with Raytheon (NYSE: RTN), launched two programs to engage students in space exploration through STEM learning. Students nationwide will have access to experiments like those performed on the International Space Station. Additionally, in commemoration of President Kennedy's vision and commitment to opening new frontiers, middle and hi... 
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04/30/19Raytheon wins $159 million contract for large-scale training in Europe
Live-training exercises in Germany connect allied forces anywhere using Raytheon technology HOHENFELS, Germany, April 30, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) won a contract valued at up to $159 million to support large-scale, live training exercises at the U.S. Army's Joint Multinational Readiness Center located in Hohenfels, Germany, and virtually connected to forces across Europe. "Raytheon's technology-enabled training means that location ... 
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04/25/19Raytheon Reports Strong First Quarter 2019 Results
- Net sales of $6.7 billion, up 7.4 percent - EPS from continuing operations of $2.77, up 25.9 percent - Increased annual dividend by 8.6 percent, as previously announced WALTHAM, Mass., April 25, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the first quarter 2019 of $6.7 billion, up 7.4 percent compared to $6.3 billion in the first quarter 2018. First quarter 2019 EPS from continuing operations was $2.77 compared to $2.20 in the first quarter 2018. ... 
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04/23/19Raytheon developing portable "Friend or Foe" system to identify harmful bacteria before they cause harm
CAMBRIDGE, Mass., April 23, 2019 /PRNewswire/ -- Raytheon (NYSE: RTN) is developing a portable device to evaluate bacteria and their potential to cause harm—information that could support the future development of medical countermeasures and improved screening tools.  Under the DARPA Friend or Foe program, Raytheon is developing biosurveillance technology that detects bacterial pathogens as soon as or before they threaten the military and citizens. Current bio... 
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04/23/19Raytheon's new DeepStrike missile rocket motor passes critical test
Advanced, long-range weapon exceeds US Army requirements ROCKET CENTER, W.Va., April 23, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a successful static test of the new DeepStrike® missile rocket motor, which moved the advanced, surface-to-surface weapon closer to its maiden flight test later this year. The company is offering the DeepStrike missile for the U.S. Army's Precision Strike Missile, or PrSM, program to replace the aging Army Ta... 
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04/16/19Raytheon Company to release first quarter 2019 results on April 25, 2019
WALTHAM, Mass., April 16, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2019 earnings news release at 7 a.m. EDT Thursday, April 25, 2019. The release will be posted on Raytheon's website. The first quarter 2019 earnings results conference call will be at 9 a.m. EDT Thursday, April 25, 2019. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website... 
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04/08/19Raytheon demos land-based deployable version of its ship-based precision landing system
DULLES, Va., April 8, 2019 /PRNewswire/ -- Earlier this year, Raytheon Company (NYSE: RTN) demonstrated a land-based expeditionary version of its Joint Precision Approach and Landing System for the first time to U.S. Air Force, Navy and Marine Corps officials at Marine Corps Air Station, Yuma, Ariz. "The need for precision landings in harsh environments isn't limited to one military service and one airplane," said Matt Gilligan, vice president at Raytheon's Int... 
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04/04/19Raytheon hires former NSA official Teresa Shea to lead DoD and Intel cyber portfolio
DULLES, Va., April 4, 2019 /PRNewswire/ -- Raytheon (NYSE: RTN) today named former NSA official and In-Q-Tel executive, Teresa Shea, vice president of Cyber Warfare and Mission Innovations within its Intelligence, Information and Services business. "Teresa's three decades of leadership in national security and technology development will set a new foundation for our cyber business and help take it to the next level," said Dave Wajsgras, president of Raytheon I... 
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04/03/19U.S. Air Force and Raytheon collaborate to modernize space command and control system
SPEARR keeps legacy SPADOC operating well into the future COLORADO SPRINGS, Colo., April 3, 2019 /PRNewswire/ -- The U.S. Air Force Life Cycle Management Center and a consortium of tech firms led by Raytheon (NYSE: RTN) are modernizing and simplifying the legacy Space Defense Operations Center, a 1990s-era system that tracks and monitors space debris. Dave Fuino, program director for Raytheon Intelligence, Information and Services, said: "Within just a fe... 
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04/01/19Raytheon, Lockheed Martin sign teaming agreement to pursue contract to modernize surveillance and air traffic control radar systems
WALTHAM, Mass., April 1, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Lockheed Martin Corporation (NYSE: LMT) are jointly pursuing the Spectrum Efficient National Surveillance Radar (SENSR) contract that will consolidate and modernize America's aging surveillance and air traffic control radars. SENSR is a multi-agency program that includes the Federal Aviation Administration, the Department of Defense, and the Department of Homeland Security. SENSR wil... 
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03/26/19Raytheon Company Announces Executive Appointments
Wesley D. Kremer and Ralph H. Acaba Appointed to New Leadership Roles; Dr. Taylor W. Lawrence to Retire WALTHAM, Mass., March 26, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of Wesley D. Kremer as President, Raytheon Missile Systems (RMS), succeeding Dr. Taylor W. Lawrence, who informed the company of his intention to retire from Raytheon on July 14, 2019. Additionally, Kennedy has appointed Ralph H. Acaba President, R... 
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03/26/19US Army, Raytheon complete DeepStrike missile preliminary design review
New long-range weapon doubles firepower and reduces cost TUCSON, Ariz., March 26, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Army completed a successful preliminary design review for the new DeepStrike® surface-to-surface missile, moving the weapon down the development path toward its first flight tests planned for later this year. The DeepStrike missile meets the Army's Precision Strike Missile, or PrSM, requirement, and will repl... 
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03/25/19Raytheon kill vehicle hits ICBM target in first dual-salvo test
Double launch reflects real-world scenario VANDENBERG AIR FORCE BASE, Calif., March 25, 2019 /PRNewswire/ -- For the first time, the U.S. Missile Defense Agency, in partnership with the Boeing-led industry team, tested two Raytheon Company (NYSE: RTN) Exoatmospheric Kill Vehicles (EKV), which destroyed a threat representative intercontinental ballistic missile during a test of the Ground-based Midcourse Defense System, or GMD. One EKV intercepted the target and the other gathered test data ... 
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03/20/19Raytheon Company increases dividend by 8.6 percent; 15th consecutive annual increase
WALTHAM, Mass., March 20, 2019 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has voted to increase the company's annual dividend payout rate by 8.6 percent, from $3.47 to $3.77 per share. The Board also authorized payment of a quarterly cash dividend of $0.9425 per outstanding share of common stock, to be paid on May 9, 2019, to shareholders of record as of the close of business on April 10, 2019. Payment of quarterly dividends is subject to Board authorization. ... 
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03/19/19Raytheon's Enterprise Air Surveillance Radar to begin live testing at Wallops Island Test Facility
U.S. Navy's scaled SPY-6 variant progresses toward production TEWKSBURY, Mass., March 19, 2019 /PRNewswire/ -- Raytheon Company's Enterprise Air Surveillance Radar just took a 12-hour trip down the Eastern Seaboard. EASR, the newest sensor in the U.S. Navy's SPY-6 family of radars, recently completed subsystem testing at Raytheon's Near Field Range in Sudbury, Massachusetts. The 6' x 6' rotating array was wrapped, loaded onto a flatbed truck and eventually crane-lifted onto a 100 foot test ... 
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03/14/19U.S. Navy awards Raytheon $402 million contract for SPY-6 radars
TEWKSBURY, Mass., March 14, 2019 /PRNewswire/ -- Raytheon Co., Integrated Defense Systems, Marlborough, Massachusetts, is awarded a $402,658,015 fixed-price-incentive (firm target) modification to previously-awarded contract N00024-14-C-5315 to exercise options for Air and Missile Defense Radar Program (AMDR) low-rate initial production (LRIP). This modification will provide for three AMDR LRIP units. The LRIP units will be deployed on DDG 51 Flight III-class ships. Work will be performed in Mar... 
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03/12/19Raytheon, Frequentis team to modernize airport operations with remote virtual tower technology in U.S.
MADRID, March 12, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has signed a teaming agreement with Frequentis, an air traffic communications and data solutions provider, to modernize civil airport operations in the United States using remote virtual tower technology. Supporting civil airports of all sizes and complexity, RVTs provide an affordable alternative to costly brick and mortar towers by utilizing video-based air traffic services.  "These tower sy... 
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03/11/19Raytheon, HENSOLDT to provide integrated air surveillance radars to Dutch and German customers
MADRID, March 11, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and German sensor specialist HENSOLDT, both leading air traffic radar providers, will provide two European customers integrated air surveillance radars that combine HENSOLDT's next-generation primary airport surveillance radar (ASR-NG®) and Raytheon's Mode S monopulse secondary surveillance radar (Condor Mk 3). The Royal Netherlands Air Force will receive one system that will provide both adva... 
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03/05/19Raytheon wins $63.3 million DARPA contract for hypersonic weapons work
Contract will fund Tactical Boost Glide system TUCSON, Ariz., March 5, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) won a $63.3 million DARPA contract to further develop the Tactical Boost Glide hypersonic weapons program. The joint DARPA and U.S. Air Force effort includes a critical design review, a key step in fielding the technology. For a tactical-range boost glide weapon to achieve hypersonic speeds – velocities greater than Mach 5 – "a rocket a... 
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03/04/19Raytheon delivering mobile surveillance system to secure Middle Eastern nation
Contract provides surveillance towers to defend borders, military bases and critical infrastructure DULLES, Va., March 4, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will provide advanced surveillance towers to a Middle Eastern nation to help protect that nation's borders and military installations.    "Raytheon provides a full range of advanced border security solutions, from system architecture to smart fences and 24/7 surveillance systems, to cust... 
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02/25/19Raytheon and General Dynamics to operate Reagan Ballistic Missile Test Site
$502 million contract to manage launches from Pacific Ocean Range DULLES, Va., Feb. 25, 2019 /PRNewswire/ -- RGNext, a joint venture between Raytheon's (NYSE: RTN) Intelligence, Information and Services business and General Dynamics Information Technology (GDIT), will operate the U.S. Army's Ronald Reagan Ballistic Missile Defense Test Site, safely managing space vehicle and ballistic missile launches and missile defense tests conducted from islands in the 750,000-square-mile Pacific Ocean ... 
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02/18/19Wind tunnel testing moves AMRAAM-ER missile closer to production
New weapon will offer enhanced ground-based air defense TUCSON, Ariz., Feb. 18, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully completed more than 1,700 rigorous wind tunnel tests on the newest, extended-range variant of the combat-proven AMRAAM® air-to-air missile. Testing is a major step in the missile's qualification for integration with the NASAMS™ surface-based system. The AMRAAM-ER missile is a ground-launched weapon that will interc... 
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02/14/19U.S. Army awards Raytheon $406M contract for radios
ARC-231A provides rotary-wing aircraft with latest secure communications technology FORT WAYNE, Ind., Feb. 14, 2019 /PRNewswire/ -- Raytheon (NYSE: RTN) won a $406 million Indefinite Delivery/Indefinite Quantity contract award from the U.S. Army for ARC-231A radio systems. The contract, which will be performed over the next five years, includes upgrades, production and support for up to 5,000 radios. Because the ARC-231A is software-defined, it can accommo... 
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02/13/19Raytheon Company wins $88 million U.S. Navy contract for modification and upgrade of sensor software for F/A-18 and F/A-18G aircraft
WALTHAM, Mass., Feb. 13, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) won the following contract as announced by the Department of Defense on February 11, 2019. The Raytheon Co., El Segundo, California, is awarded an $88,443,303 cost-plus-fixed-fee indefinite-delivery/indefinite-quantity contract for the modification and upgrade of the sensor system software and hardware for the F/A-18/EA-18G aircraft to incorporate updates, improvements, and enhancements ... 
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02/05/19Raytheon's SPY-6 aces most complex test yet
Production, progress continues for U.S. Navy's newest radar TEWKSBURY, Mass., Feb. 5, 2019 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) AN/SPY-6(V)1 air and missile defense radar completed its latest test, exceeding all performance requirements. In the most stressing test to date, the radar searched for, detected, and maintained track on the target as predicted. "Now in production, AN/SPY-6(V)1 continues to stack up test successes and milestones, proving... 
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02/05/19Raytheon systems excel in first test of Ford-class integrated combat system
CVN 78 Ship Self Defense System ICS on pace for operational testing TEWKSBURY, Mass., Feb. 5, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy have successfully completed the first-ever, live fire test of the latest generation of the Ship Self Defense System, or SSDS, Integrated Combat System on the Self Defense Test Ship. The test, conducted for USS Gerald R. Ford (CVN 78), the first of the Navy's newest class of aircraft carriers, successfully engaged an unmanned aerial... 
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02/01/19Raytheon Company wins $7 million contract for repair of APY-10 radar system for P-8A aircraft
WALTHAM, Mass., Feb. 1, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on January 9, 2019. Raytheon Co., McKinney, Texas, was awarded $7,124,695 for firm-fixed-price delivery order N00383-19-F-G000 under previously awarded basic ordering agreement N00383-14-G-005D for the repair of the APY-10 radar system used in support of the P-8A aircraft. Naval Supply Systems Command Weapon Syst... 
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01/31/19Raytheon Reports Strong Fourth Quarter and Full-Year 2018 Results
- Strong bookings of $8.4 billion in the quarter and $32.2 billion for the year; book-to-bill ratio of 1.15 in the quarter and 1.19 for the year - Fourth quarter net sales of $7.4 billion, up 8.5 percent; full-year net sales of $27.1 billion, up 6.7 percent for the year - Fourth quarter EPS from continuing operations of $2.93, up 117 percent; full-year EPS from continuing operations of $10.15, up 46 percent for the year - Strong operating cash flow from continuing operations of $2.4 bil... 
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01/30/19Raytheon Company wins $81 million for retrofit of F/A-18E/F and EA-18G aircraft
WALTHAM, Mass., Jan. 30, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on January 2, 2019. Raytheon Co., El Segundo, California, was awarded $81,224,627 for modification P00007 to a previously awarded fixed-price-incentive-firm-target contract (N00019-17-C-0042).  This modification provides for the procurement of 228 configuration components required for completion of Configuration... 
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01/29/19Raytheon Company wins $15m contract modification for Qatar Air and Missile Defense Operation Center
WALTHAM, Mass., Jan. 29, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018. Raytheon Co. - Integrated Defense System, Tewksbury, Massachusetts, has been awarded a $15,150,728 modification (P00029) to previously awarded contract FA8730-15-C-0002 for the Qatar Air and Missile Defense Operation Center. This modification provides for the procurement of the Qatar Altern... 
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01/28/19Raytheon Company wins $29 million contract for Sentinel radar life cycle support
WALTHAM, Mass., Jan. 28, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018. Raytheon Integrated Defense Systems, Fullerton, California, was awarded a $28,912,871 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for Sentinel radar life cycle support. Bids were solicited via the internet with one received. Work will be performed in Fullerton, California, wi... 
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01/28/19Raytheon executives to speak at Cowen and Company 40th Annual Aerospace/Defense & Industrials Conference on Feb. 6
WALTHAM, Mass., Jan. 28, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that Raytheon Chairman and CEO Thomas A. Kennedy and Raytheon Vice President and Chief Financial Officer Anthony F. O'Brien will speak at the Cowen and Company 40th Annual Aerospace/Defense & Industrials Conference on Wednesday, Feb. 6, 2019. Their presentation is scheduled to start at 9:15 a.m. EST, and their remarks will be audiocast live (listen-only mode) through... 
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01/28/19Raytheon wins multiple corporate training excellence awards in 2018
DALLAS, Jan. 28, 2019 /PRNewswire/ -- Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), has been recognized as a leader in training excellence in 2018 by multiple industry analysts and publications, including NelsonHall, Brandon Hall Group, Learning Technologies Awards and Chief Learning Officer magazine. Bob Williams, vice president of Global Training Solutions at Raytheon Intelligence, Information and Services, said: "Receiving... 
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01/25/19Raytheon Company wins $52 million contract for 50 Sentinel A3 radars
WALTHAM, Mass., Jan. 25, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018. Raytheon Integrated Defense Systems, Fullerton, California, was awarded a $51,901,116 firm-fixed-price contract for the procurement of 50 Enhanced Sentinel A3 radars and associated spares. Bids were solicited via the internet with one received. Work will be performed in Fullerton, Californi... 
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01/24/19Raytheon Company wins $81 million contract for support services for Phalanx
WALTHAM, Mass., Jan. 24, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018. Raytheon Co., Tucson, Arizona, is awarded an $81,311,942 cost-plus-fixed-fee modification to exercise an option under previously-awarded contract N00024-17-C-5405 for design agent engineering and technical support services for the Phalanx Close-In Weapon System (CIWS), SeaRAM, and Land-base... 
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01/23/19Raytheon Company wins $205 million contract for land-based Phalanx system
WALTHAM, Mass., Jan. 23, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018. Raytheon Co. Missile Systems, Tucson, Arizona, was awarded a $205,205,445 cost-plus-fixed-fee contract for land-based Phalanx weapon system. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion da... 
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01/23/19Raytheon to maintain and cybersecure U.S. Air Force Global Hawk ground control stations
Contract will sustain and modernize both hardware and software DULLES, Va., Jan. 23, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will deploy sustainment and cybersecurity experts around the world to support the ground control systems and onboard sensors used by the U.S. Air Force fleet of RQ-4 Global Hawk remotely piloted aircraft. Raytheon Intelligence, Information and Services will perform the work, which includes providing software upgrades to def... 
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01/22/19Raytheon Company wins $72 million contract action for the production of Aegis Weapon System fire control system
WALTHAM, Mass., Jan. 22, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 26, 2018. Raytheon Co., Integrated Defense Systems, Marlborough, Massachusetts, was awarded a $72,463,134 firm-fixed-price, cost-plus-fixed-fee, cost-only undefinitized contract action for the production of Aegis Weapon System fire control system MK 99 equipment, Aegis Modernization production requir... 
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01/22/19Raytheon Company to release 2018 fourth quarter and full-year results on January 31, 2019
WALTHAM, Mass., Jan. 22, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its 2018 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 31, 2019. The release will be posted on Raytheon's website. The 2018 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 31, 2019. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will ... 
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01/21/19Raytheon Company wins $24 million delivery order for repair of radar systems on F/A-18 aircraft
WALTHAM, Mass., Jan. 21, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 20, 2018. Raytheon Co., Indianapolis, Indiana, is awarded $24,361,606 for ceiling-priced delivery order N00383-19-F-N700 under previously awarded basic ordering agreement (N00383-18-G-N801) for the repair of the APG 65/73 radar systems in support of the F/A-18 aircraft. Fiscal 2019 working capital fu... 
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01/18/19Raytheon Company wins $17 million contract to provide Zumwalt capability and design agent support to the Standard Missile-2
WALTHAM, Mass., Jan. 18, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 26, 2018. Raytheon Missile Systems, Tucson, Arizona, is awarded a $17,011,832 modification to previously awarded contract N00024‑17-C-5420 to exercise an option for providing Zumwalt capability and design agent support to the Standard Missile-2. Fiscal 2017 and 2018 weapons procurement (Navy); and fo... 
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01/17/19Raytheon Company wins $434 million contract modification for AIM-9X tactical missiles
WALTHAM, Mass., Jan. 17, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018. Raytheon Missile Systems, Tucson, Arizona, is awarded a not-to-exceed $434,389,104 for an undefinitized modification P00001 to a previously awarded, fixed-price-incentive-firm contract (N00019-18-C-1068). This modification provides for the procurement of AIM-9X Lot 18 production requirement... 
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01/15/19Raytheon Company wins $59 million contract supporting Reaper MQ-9 UAV
WALTHAM, Mass., Jan. 15, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following two contracts as announced by the Department of Defense on December 21, 2018. Raytheon Corp., McKinney, Texas, was awarded a $59,211,905 cost-plus fixed-fee and firm-fixed- price contract for Reaper MQ-9 sensors contractor logistics support. This contract provides for program management, contractor-filed service-representative support, depot repair, depot mainte... 
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01/15/19Raytheon Company wins contract for Advanced Medium Range Air-to-Air Missile support
WALTHAM, Mass., Jan. 15, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following two contracts as announced by the Department of Defense on December 21, 2018. Raytheon Missile Systems, Tucson, Arizona, has been awarded a $9,573,118 firm-fixed-price modification (P00008) to contract FA8675-18-C-0003 for the Advanced Medium Range Air-to-Air Missile program. This modification provides for a life of type procurement of known obsolete components ... 
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01/15/19Raytheon signs mentoring agreement with Phoenix Products, Inc.
Woman-owned firm will build Naval Strike Missile transport containers under a US Navy contract TUCSON, Ariz., Jan. 15, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Kentucky-based Phoenix Products, Inc. signed a U.S. Department of Defense Mentor-Protégé agreement to produce Naval Strike Missile, or NSM, transport containers under a $1.6 million U.S. Navy contract. PPI is a woman-owned, small business that is in a Historically Underutilized Business... 
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01/15/19Raytheon selected for classic Hornet AESA radar upgrade
APG-79(v)4 delivers improved range and targeting capability for USMC Hornets EL SEGUNDO, Calif., Jan. 15, 2019 /PRNewswire/ -- The U.S. Marine Corps selected Raytheon's APG-79(v)4 AESA radar to equip its F/A-18C/D classic Hornet fleet. Raytheon (NYSE: RTN) will begin delivering radars in 2020 and complete deliveries by 2022.  The APG-79(v)4 is a scaled version of the APG-79 AESA radar integrated on the U.S. Navy and Royal Australian Air Force's Super Horne... 
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01/14/19Raytheon Company wins $72 million contract for DDG-1000 engineering support and logistics
WALTHAM, Mass., Jan. 14, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 21, 2018. Raytheon Co., Tewksbury, Massachusetts, is being awarded a $72,117,547 modification to previously-awarded contract N00024-17-C-5145 to exercise options for DDG 1000 ship class integrated logistics support and engineering services. Fiscal 2019 shipbuilding and conversion (Navy); fiscal 2019 ... 
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01/14/19Raytheon Company wins $37 million contract supporting Evolved Sea Sparrow Missile
WALTHAM, Mass., Jan. 14, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 21, 2018. Raytheon Co., Tuscon, Arizona, is being awarded a $37,902,562 cost-plus-fixed-fee modification to previously-awarded contract N00024-16-C-5433 to exercise options in support of Evolved Sea Sparrow Missile (ESSM) design agent, in-service support and technical engineering support services. Fi... 
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01/07/19Raytheon Names Scott Weiner Vice President, Corporate Development
WALTHAM, Mass., Jan. 7, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has named Scott Weiner vice president, Corporate Development reporting to chief financial officer Toby O'Brien.  He will oversee domestic and international transactions including: acquisitions, divestitures/spin-offs, minority investments and strategic alliances/joint ventures. "Because of Scott's background as both an engineer and a senior financial executive, he is an excellent fit for... 
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01/02/19Raytheon UK to secure hundreds of aerospace jobs in support of Royal Air Force Shadow aircraft fleet
Contract with Ministry of Defence provides support and sustainment services over 11 years LONDON, Jan. 2, 2019 /PRNewswire/ -- Raytheon UK (NYSE: RTN) today signed a £250 million contract with the Ministry of Defence to provide 11 years of support and sustainment services to the Royal Air Force's Shadow aircraft fleet. The contract supports Shadow aircraft maintenance, airworthiness management, design organisation and supply chain support. When work begin... 
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