|10/19/16||U.S. Navy awards Raytheon $255 million to complete development of next generation precision landing system|
|System equips the F-35 and unmanned aircraft with safer, more accurate landing guidance
DULLES, Va., Oct. 19, 2016 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $255 million contract for development and production readiness of its next generation precision landing system. The Joint Precision Approach and Landing System uses GPS satellite navigation to provide more accurate landing guidance for manned and unmanned aircraft, replacing radar and beacons used in older sys... |
|10/19/16||Raytheon awarded Title III contract to advance its industry-leading Gallium Nitride technology|
|Air Force Research Laboratory and Office of the Secretary of Defense tap Raytheon to drive GaN performance
TEWKSBURY, Mass., Oct. 19, 2016 /PRNewswire/ -- The U.S. Air Force Research Laboratory and the Office of the Secretary of Defense have awarded Raytheon Company [NYSE: RTN] a $14.9M contract to further enhance its process for producing gallium nitride-based semiconductors. The new agreement follows a previous GaN Title III contract, completed in 2013, and aims to increase the performanc... |
|10/18/16||Raytheon Company to release third quarter 2016 results on October 27, 2016|
|WALTHAM, Mass., Oct. 18, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its third quarter 2016 earnings news release at 7 a.m. EDT Thursday, Oct. 27, 2016. The release will be posted on Raytheon's website.
The third quarter 2016 earnings results conference call will be at 9 a.m. EDT Thursday, Oct. 27, 2016. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call.
|10/17/16||Air traffic controllers recognize Raytheon for modernizing systems that manage the nation's most challenging airports|
|Company wins industry group's 2016 Industrial Award for upgrading systems that control 80 percent of US air traffic
NATIONAL HARBOR, Md., Oct. 17, 2016 /PRNewswire/ -- The Air Traffic Control Association has named Raytheon (NYSE: RTN) the winner of its 2016 Industrial Award for modernizing key air traffic systems that control the most complex and congested airspaces in the nation.
The annual award, which recognizes outstanding achievement in advancing the science of air traffic control... |
|10/17/16||MathAlive! Exhibit opening at Virginia Air and Space Center|
|Award-winning STEM exhibit brings math to life for students
HAMPTON, Va., Oct. 17, 2016 /PRNewswire/ -- MathAlive!®, a highly immersive and interactive traveling exhibition, opens Oct. 22 at the Virginia Air and Space Center. Presented by Raytheon Company (NYSE: RTN), the MathAlive! exhibition has drawn record-breaking attendance around the world as visitors experience math in action. MathAlive! is on a multi-year engagement with museums on or near military installations.
Forty unique an... |
|10/12/16||Cyber threats to U.S. presidential election helps boost interest in cybersecurity careers among millennials|
|Raytheon-NCSA global survey finds growing awareness of cybersecurity careers, but gender gap widens
DULLES, Va., Oct. 12, 2016 /PRNewswire/ -- Awareness of cyber attacks in the run-up to the U.S. presidential election helped grow the number of young adults more likely to pursue a career in cybersecurity, according to Securing Our Future: Closing the Cybersecurity Talent Gap, a new survey commissioned by Raytheon (NYSE: RTN) and the National Cyber Security Alliance.
The survey found that:... |
|10/12/16||Raytheon, US Air Force complete test milestone for next-generation GPS controls|
|Testing demonstrates end-to-end functional checkout, integration of Block 1 capabilities
AURORA, Colo., Oct. 12, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) has reached another milestone in its development of the U.S. Air Force's Global Positioning System Next Generation Operational Control System, known as GPS OCX. This new system offers significant improvements to the GPS on which the U.S. military and millions of civilians rely, including enhanced availability, accuracy and security.
|10/12/16||Raytheon honors Navy hero with new $10K scholarship|
|Scholarship honors Medal of Honor recipient Monsoor, second Zumwalt-class destroyer namesake
TEWKSBURY, Mass., Oct. 12, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has established an annual $10,000 scholarship in honor of Petty Officer Second Class Michael A. Monsoor, a U.S. Navy SEAL and Medal of Honor recipient.
The scholarship will be awarded through the Special Operations Warrior Foundation, which provides financial assistance to help surviving children of fallen military memb... |
|10/10/16||Raytheon developing next-generation human/machine interface for armored ground vehicles|
|Integrated sensor data to deliver enhanced situational awareness
CAMBRIDGE, Mass., Oct.10, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is developing new technology to provide comprehensive situational awareness to troops inside windowless armored vehicles, as part of the Defense Advanced Research Projects Agency (DARPA)'s Ground X-Vehicle Technologies (GXV-T) program.
The goal of GXV-T is to improve the mobility and survivability of armored vehicles without a... |
|10/06/16||The Netherlands invests in the future of its Patriot Integrated Air and Missile Defense System|
|New technology upgrades introduce innovations to keep the system fielded through 2040
THE HAGUE, Netherlands, Oct. 6, 2016 /PRNewswire/ -- The Royal Netherlands Defence Materiel Organisation awarded Raytheon (NYSE: RTN) a contract to upgrade its Patriot Integrated Air and Missile Defense system with the Modern Man Station user interface, a move to significantly boost the nation's missile defense capability.
"The Netherlands will continuously modernize Patriot as they intend to keep it... |
|10/05/16||Raytheon, Logos collaborate on advanced multi-intelligence sensors|
|Partnership brings wide-area motion imagery and high-resolution video to real-time target detection and identification
MCKINNEY, Texas, Oct. 5, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Logos Technologies are partnering to provide advanced multi-intelligence, or multi-INT, sensor systems to address challenging intelligence, surveillance and reconnaissance, or ISR, requirements. Raytheon's high-definition Multi-Spectral Targeting System, or MTS™, and Logos' wide-area motion imag... |
|10/04/16||Raytheon completes first AMRAAM-ER missile flight tests from NASAMS air defense system|
|New ground-based air defense will enable intercepts at greater ranges and higher altitudes
ANDOYA SPACE CENTER, Norway, Oct. 4, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has successfully flight-tested the newest variant of the combat-proven AMRAAM® missile from the National Advanced Surface-to-Air Missile System, or NASAMS™, surface-based system. Featuring an enlarged rocket motor and other enhancements, AMRAAM-ER will greatly expand the NASAMS engagement envelope with a 50 percent ... |
|10/04/16||Raytheon Sponsors Full Home for Habitat for Humanity|
|Gift will fund construction of a home for a veteran and family
DULLES, Va., Oct. 4, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is donating $100,000 and providing employee volunteers to Habitat for Humanity of Washington, D.C. to build a home for a veteran in the southeast neighborhood of the District.
"Raytheon is dedicated to making a difference in the communities where our employees live, work and serve," said Dave Wajsgras, president of Raytheon's Intelligence, Information and... |
|09/30/16||US Navy achieves longest range surface-to-air intercept in naval history|
|Raytheon Standard Missile-6 sets new record while destroying over-the-horizon target
POINT MUGU NAVAL STATION, Calif., Sept. 30, 2016 /PRNewswire/ -- In the longest range surface-to-air intercept of its kind in naval history, a Raytheon Company (NYSE: RTN) Standard Missile-6 successfully destroyed an over-the-horizon, threat target.
The mission also demonstrated the combat capabilities that SM-6 brings to Naval Integrated Fire Control-Counter Air, an effort designed to link U.S. Navy sh... |
|09/30/16||Raytheon to start transition to production planning of Gallium Nitride technology for AN/TPY-2 radars|
|TEWKSBURY, Mass., Sept. 30, 2016 /PRNewswire/ -- The U.S. Missile Defense Agency has awarded Raytheon Company (NYSE: RTN) a contract modification to develop a transition to production process to incorporate Gallium Nitride, or GaN, components into existing and future AN/TPY-2 radars. This initial effort will support the transition from Gallium Arsenide to GaN technology, which would further modernize the ballistic missile defense radar and drive down system obsolescence.
As demonstrated in ... |
|09/29/16||Raytheon chosen for cybersecurity research and support to U.S. Navy|
|DULLES, Va., Sept. 29, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $98 million contract by the U.S. Navy's Space and Naval Warfare Systems Center, Pacific for cyberspace science, research, engineering and technology integration.
"Our team combines Raytheon's warfighting experience, cyber expertise and innovative systems to deliver cyber capabilities on Naval platforms on land, sea and air," said Jack Harrington, vice president of Cybersecurity and Special Missions wi... |
|09/28/16||Raytheon wins two Brandon Hall Excellence in Learning Awards for virtual reality training systems|
|DULLES, Va., Sept. 28, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) was honored with two coveted Brandon Hall Bronze awards for virtual reality training systems developed for the U.S. Army. Often called the 'Academy Awards' of the training industry, the Brandon Hall Group Excellence Awards Program is the most prestigious awards program in the learning and training industry.
"This special recognition reinforces Raytheon's position as a premier provider of training and training support services... |
|09/23/16||Dinesh Paliwal elected to Raytheon Board of Directors|
|WALTHAM, Mass., Sept. 23, 2016 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected Dinesh Paliwal as a director, effective immediately.
Paliwal, 58, is Chairman, President and Chief Executive Officer of Harman International (NYSE: HAR), a position he has held since 2007. Harman International designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide. Prior to joining Harman, Paliwal spent 22 years with ABB Grou... |
|09/22/16||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., Sept. 22, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.7325 per outstanding share of common stock. The cash dividend is payable on Nov. 10, 2016, to shareholders of record as of the close of business on Oct. 5, 2016.
Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government ... |
|09/14/16||U.S. Navy links Standard Missile-6 with F-35 Joint Strike Fighter in first-of-a-kind flight test|
|Raytheon multi-mission missile teams with next-gen aircraft to destroy over-the-horizon target
WHITE SANDS MISSILE RANGE, N.M., Sept. 14, 2016 /PRNewswire/ -- In a first-of-its-kind engagement, a Raytheon Company (NYSE: RTN) Standard Missile-6 linked with an F-35 fighter destroyed a medium-range, medium-altitude, subsonic target. The USS Desert Ship (LLS 1), a land-based U.S. Navy Combat System equipped with the latest AEGIS Baseline, fired the SM-6, which intercepted the over-the-horizon t... |
|09/13/16||Boys & Girls Clubs of America and Raytheon Create STEM Centers of Innovation for Youth|
|New Centers in Colorado Springs, San Diego, San Antonio and Eglin AFB to Enhance Science, Technology, Engineering and Math Experience for Military Youth
WALTHAM, Mass., Sept. 13, 2016 /PRNewswire/ -- Boys & Girls Clubs of America (BGCA), in partnership with Raytheon Company (NYSE: RTN), is establishing four new Centers of Innovation at Boys & Girls Clubs that support military families. Located in California, Colorado, Florida and Texas the clubs are:
Boys & Girls Clubs of G... |
|09/06/16||Poland announces it will officially request Patriot Integrated Air and Missile Defense System|
|On track to become 14th Patriot partner nation
KIELCE, Poland, Sept. 6, 2016 /PRNewswire/ -- Poland's government announced it will formally request the Raytheon Company (NYSE: RTN) combat-proven Patriot Integrated Air and Missile Defense System from the United States government.
"Poland's formal request is an important milestone toward becoming the 6th NATO Patriot country and the 14th Patriot partner nation," said Wes Kremer, president of Raytheon Integrated Defense Systems. ... |
|08/31/16||Javelin Joint Venture signs Letter of Intent with India's Tata Power|
|TUCSON, Ariz., Aug. 31, 2016 /PRNewswire/ -- The Javelin™ Joint Venture team, a partnership between Raytheon Company (NYSE: RTN) and Lockheed Martin (NYSE: LMT), signed a letter of intent (LOI) with Tata Power Company Limited operating through its Strategic Engineering Division (SED), to explore co-development and production of the Javelin anti-armor missile system.
"This agreement brings together three world leaders in aerospace and defense technology to extend Javelin to new customers, new... |
|08/30/16||Raytheon - US Navy collaboration improves mine detection|
|Rhode Island undersea experts achieve enhanced results - on land and at sea
PORTSMOUTH, R.I., Aug. 30, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the Naval Undersea Warfare Center (NUWC) – Division Newport have enhanced Raytheon's AN/AQS-20A mine-hunting sonar for better performance and reliability, including higher-quality imaging of objects deep under the sea, improving the system's ability to identify and classify mines.
Raytheon and NUWC formally launched the AN/AQS-20A co... |
|08/29/16||Raytheon awarded US Navy MK 54 torpedo contract|
|TEWKSBURY, Mass., Aug. 29, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $37,723,774 firm-fixed-price, fixed-price-incentive, cost and cost-plus-fixed-fee contract for the procurement of MK 54 lightweight torpedo common parts kits; MK 54 Mod 0 lightweight torpedo kits; and MK 54 exercise fuel tanks, spares, production support material, engineering support, and hardware repair support.
This contract includes options which, if exercised, would bring the cumulative value o... |
|08/23/16||US Army awards Raytheon Long Range Precision Fires risk mitigation contract|
|New surface-to-surface missile will give ground troops superior capability against long-range targets
TUCSON, Ariz., Aug. 23, 2016 /PRNewswire/ -- The U.S. Army has awarded Raytheon Company (NYSE: RTN) a $5.7 million risk-mitigation contract for the Long Range Precision Fires program. The new missile will replace the Army's aging inventory of long range, surface-to-surface missiles. Fired from mobile launchers, LRPF will fly farther, faster, and feature a new warhead.
"As the world's la... |
|08/22/16||Raytheon awarded up to $104 million to modernize ground controls for U.S. Air Force Global Hawk|
|New mission control stations will enhance ISR capabilities
DULLES, Va., Aug. 22, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a subcontract valued up to $104 million to modernize the ground segment for the U.S. Air Force RQ-4 Global Hawk autonomous aircraft. Raytheon partners with Northrop Grumman as the ground integrator for Global Hawk contracts.
Raytheon and Northrop Grumman have a long history of providing end-to-end Global Hawk solutions. Northrop Grumman buil... |
|08/22/16||Raytheon unveils Cyber and Electromagnetic Battle Management for U.S. Army|
|Offer shared awareness across cyber domain and electromagnetic spectrum
AUGUSTA, Ga., Aug. 22, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) showcased Cyber and Electromagnetic Battle Management, a new battle management tool, at Cyber Quest, a U.S. Army event that informs cybersecurity requirements and priorities. CEMBM integrates cyber and electromagnetic spectrum awareness capabilities into the Electronic Warfare Program Management Tool, an Army program of record since 2014.
|08/19/16||Raytheon awarded US Navy Enterprise Air Surveillance Radar contract|
|TEWKSBURY, Mass., Aug. 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $92,069,954 cost-plus-incentive-fee contract for the engineering and manufacturing development of the Enterprise Air Surveillance Radar. EASR will consist of two configuration variants: Variant 1, a rotating phased array; and Variant 2, a three-face fixed-phased array.
Raytheon will build, integrate and test an EASR engineering development model (EDM). The base contract begins with design work lea... |
|08/17/16||Raytheon receives first contract to build Naval Strike Missile launchers in the US|
|Production will occur at Raytheon's Louisville, Kentucky facility
LOUISVILLE, Ky., Aug. 17, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received an initial contract to produce Naval Strike Missile (NSM) launchers at its production facility here. The deal ushers in U.S. manufacturing of the Norwegian-developed weapon system.
Kongsberg Defence Systems awarded the initial contract for qualification units. The award follows a July announcement that Raytheon will produce NSM launch... |
|08/17/16||U.S. Navy conducts first live fire test with SeaRAM® recently installed on USS Carney|
|LOUISVILLE, Ky., Aug. 17, 2016 /PRNewswire/ -- The U.S. Navy conducted its first firing from the SeaRAM® anti-ship defense system produced by Raytheon (NYSE: RTN) installed on the USS Carney stationed in Rota, Spain.
The SeaRAM® detected, tracked and engaged an inbound BQM-74E target, intercepting it with a RAM Block II missile in a mid-July test. USS Carney is the second of four guided-missile destroyers stationed near the Mediterranean Sea to receive a SeaRAM system.
"These test re... |
|08/15/16||Raytheon shows U.S. Army the future of missile defense|
|In plan for Lower Tier Air & Missile Defense Sensor, company offers vision for next-gen technology
ANDOVER, Mass., Aug 15, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has given the U.S. Army a look into the future of missile defense technology, as the company provided its comprehensive vision for the next generation of air and missile defense radar. The information was supplied to the Army as part of its process to define the requirements for a future Lower Tier Air and Missile D... |
|08/10/16||US, Raytheon go three-for-three in first firing of AIM-9X Sidewinder from F-35|
|Missile proves end-to-end capability on Joint Strike Fighter
TUCSON, Ariz., Aug. 10, 2016 /PRNewswire/ -- The U.S. Air Force, U.S. Navy and Raytheon Company (NYSE: RTN) successfully test-fired three AIM-9X® Block I missiles from an F-35A aircraft at airborne targets, resulting in direct hits. The weapon is the first short-range, air-to-air missile to be used on the F-35.
"These tests validated the on-board communications and handoffs between the aircraft and the missile required to prose... |
|08/03/16||Raytheon receives $523 million for Standard Missile-3 production and delivery|
|TUCSON, Ariz., Aug. 3, 2016 /PRNewswire/ -- The U.S. Missile Defense Agency exercised a $523 million contract option with Raytheon Company (NYSE: RTN) to produce, test and deliver 47 Standard Missile-3 (SM-3) Block IB interceptors for operational testing and deployment.
This is the fiscal year 2016 option under the $2,351,177,872 contract for Standard Missiles awarded to the company in 2015. The guided missiles are used by the U.S. Navy to provide regional defense against short-to-intermediat... |
|08/03/16||Raytheon team competing in DARPA cyber competition finals|
|First-of-its-kind challenge tests fully automated, self-healing systems that defend against cyber attacks
DULLES, Va., Aug. 3, 2016 /PRNewswire/ -- Deep Red, a team of cyber experts from Raytheon Company (NYSE: RTN), will be one of seven teams competing in the Defense Advance Research Project Agency's Cyber Grand Challenge finals during the DEF CON conference, August 4 in Las Vegas. DARPA's Cyber Grand Challenge is the first competition to pit unmanned, fully automated systems against cyber... |
|08/01/16||Raytheon opens new cyber center in Augusta, Georgia|
|Facility delivers innovative cybersecurity to U.S. Department of Defense agencies
DULLES, Va., Aug. 1, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has opened its newest cyber facility in Augusta, Georgia, to deliver a wide range of cybersecurity capabilities to the U.S. Department of Defense, particularly the U.S. Army Cyber Command as it relocates to Fort Gordon.
"Our DoD customers have come to rely on Raytheon to solve their toughest cybersecurity challenges – from cyber hardenin... |
|07/29/16||Raytheon to service Swiss radar warning receiver|
|Five-year commercial PBL contract with RUAG Switzerland Ltd. is first for the ALR-67(V)3
MARLBOROUGH, Mass., July 29, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has signed its first commercial performance based logistics contract with RUAG Switzerland Ltd., a five-year agreement to service the ALR-67(V)3, an advanced digital radar warning receiver, for the Swiss government. The ALR-67(V)3 warns F-18 pilots of potentially hostile activities, offering real-time situational awareness.
|07/28/16||Raytheon Reports Strong Second Quarter 2016 Results|
|- Strong bookings of $7.1 billion; book-to-bill ratio of 1.18
- Net sales of $6.0 billion, up 3.2 percent
- EPS from continuing operations of $2.38
- Strong operating cash flow from continuing operations of $746 million
- Increased full-year 2016 guidance for EPS and operating cash flow from continuing operations
WALTHAM, Mass., July 28, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the second quarter 2016 of $6.0 billion, up 3 percent compared ... |
|07/27/16||Raytheon launches NSA-certified, next-generation Ethernet encryption system|
|First-to-market encryptor has lower latency and higher throughput than standard Government IP encryption systems
MARLBOROUGH, Mass., July 27, 2016 /PRNewswire/ -- The National Security Agency has certified Raytheon Company's (NYSE: RTN) KG-350 Ethernet encryption system to protect network communications for sensitive information up to Top Secret/SCI classification. The Type 1 certification gives Raytheon authorization to sell the groundbreaking KG-350 encryptor to commercial, military and g... |
|07/25/16||Raytheon developing next-generation networking technology to allow seamless airborne communications|
|Goal is for manned and unmanned aircraft to readily share information despite hostile environments
CAMBRIDGE, Mass., July 25, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is developing new technologies to allow the next generation of manned and unmanned flying vehicles to communicate seamlessly, even in hostile environments. Under two contracts totaling $9 million, Raytheon BBN Technologies will deliver new networking solutions as part of the Defense Advanced Research Projects Agency's... |
|07/19/16||Raytheon Company to release second quarter 2016 results on July 28, 2016|
|WALTHAM, Mass., July 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its second quarter 2016 earnings news release at 7 a.m. EDT Thursday, July 28, 2016. The release will be posted on Raytheon's website.
The second quarter 2016 earnings results conference call will be at 9 a.m. EDT Thursday, July 28, 2016. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call.
|07/13/16||Raytheon, Kongsberg to build Naval Strike Missiles and launchers in United States|
|LONDON, July 13, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Norway's Kongsberg Defence Systems are finalizing plans to assemble, integrate and test the Naval Strike Missile in the United States. The two companies also plan to produce NSM launchers in the U.S.
"NSM production in America is the latest evolution of our decades-long relationship with Kongsberg," said Dr. Taylor W. Lawrence, Raytheon Missile Systems president. "We will assemble the missile and launchers in the same... |
|07/12/16||Raytheon introduces online classes to prepare US residents for extreme weather|
|Company launches eight NOAA Weather Ready Nation training modules
AURORA, Colo., July 12, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) has launched a suite of weather preparedness training modules to help teach the general public and school-aged children how to keep themselves safe before, during and after significant weather events. The modules, which were developed by Raytheon as part of the National Oceanic and Atmospheric Administration's Weather-Ready Nation (WRN) Ambassador™ initiative, ... |
|07/12/16||US Navy awards Raytheon $291 million for AIM-9X|
|TUCSON, Ariz., July 12, 2016 /PRNewswire/ -- The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a $291 million contract award for production of the AIM-9X Sidewinder® missile, one of the most advanced infrared-tracking, short-range, air-to-air and surface-to-air missiles in the world. The contract is for All Up Round Tactical Full Rate Production Lot 16 of the Block II missiles for the U.S. Navy, Air Force, Army and the governments of Japan, Norway and Taiwan.
This contract modification a... |
|07/12/16||Raytheon missile fired more than 30 times from the Joint Strike Fighter|
|Modern AMRAAM used on more aircraft than any other air-to-air missile
TUCSON, Ariz., July 12, 2016 /PRNewswire/ -- More than 30 Advanced Medium Range Air-to-Air Missiles have been fired from all three variants of the Joint Strike Fighter since testing began in 2013. AMRAAM® is the only air-to-air missile that is currently cleared to fly on the F-35.
"AMRAAM is the most capable air-to-air weapon ever produced," said Mike Jarrett, Raytheon Air Warfare Systems vice president. "The F-35 of... |
|07/12/16||New JSOW C-1 ready for US Navy fleet|
|State-of-the-art glide weapon engages targets on land and at sea
POINT MUGU, Calif., July 12, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy have completed all operational tests for the Joint Standoff Weapon C-1, making this newest variant of the guided glide weapon ready for US Navy fleet release and declaration of Initial Operational Capability.
JSOW C-1 includes a Link-16 datalink and maritime moving target capability to provide fleet forces with robust, flexible ... |
|07/11/16||U.S. Army enlists Raytheon to help develop next-generation radar|
|$1.1 million grant from U.S. Army Research Laboratory will bring game-changing gallium nitride technology to more military radars
TEWKSBURY, Mass., July 11, 2016 /PRNewswire/ -- The U.S. Army Research Laboratory (ARL) has entered into a collaborative alliance via a $1.1 million grant with Raytheon Company (NYSE: RTN) to develop Scalable, Agile, Multimode, Front End Technology, or SAMFET, for the Army's Next Generation Radar program (NGR). As part of a 24-month cooperative research agreement... |
|07/11/16||Raytheon, USAF complete new round of Small Diameter Bomb II flight tests|
|Team begins coordinate attack and laser illuminated testing
LONDON, July 11, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force have begun flight testing Small Diameter Bomb II™ in two additional modes: Coordinate Attack and Laser Illuminated Attack. SDB II features a highly advanced tri-mode seeker, enabling the weapon to use imaging infrared, millimeter wave and laser guidance to find targets on the battlefield.
In the Coordinate Attack mode, SDB II employs its on... |
|07/10/16||US Air Force awards Raytheon $34 million to demonstrate advanced aerial decoy-jammer|
|MALD-X will feature improved electronic warfare and other enhancements
TUCSON, Ariz., July 10, 2016 /PRNewswire/ -- The U.S. Air Force awarded Raytheon Company (NYSE: RTN) $34.8 million to demonstrate upgraded electronic warfare capabilities for the Miniature Air Launched Decoy-Jammer missile. Development of the new version of the MALD-J, called MALD-X, will be completed in only 24 months and will culminate in two flight demonstrations.
"MALD-X will build on the successful MALD platform ... |
|07/08/16||Patriot destroys missile and aircraft targets in test|
|Test confirms successful upgrade of proven air and missile defense system
WHITE SANDS MISSILE RANGE, N.M., July 8, 2016 /PRNewswire/ -- It was a bad day for enemy cruise missiles and aircraft.
In a series of tests, the newly upgraded Raytheon [NYSE: RTN] Patriot Integrated Air and Missile Defense system proved it can destroy cruise missiles and aircraft with different kinds of interceptors.
The combat-proven Patriot system, upgraded with a suite of enhancements collectively known as... |
|07/07/16||Raytheon's Air and Missile Defense Radar prepares for live target testing|
|AN/SPY-6(V) delivered early to Navy testing facility
TEWKSBURY, Mass., July 7, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered the first AN/SPY-6(V) Air and Missile Defense Radar array to the U.S. Navy's Pacific Missile Range Facility in Hawaii ahead of schedule. The array is now being installed according to plan, in preparation for first radar light-off in early July. SPY-6(V) is the next-generation integrated air and ballistic missile defense radar for the U.S. Navy, filling a... |
|07/01/16||Raytheon and Thales modify ThalesRaytheonSystems joint venture structure|
|Scope to focus exclusively on NATO Air Command and Control System, Theatre and Ballistic Missile Defense
WALTHAM, Mass., July 1, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Thales (Euronext Paris: HO) have reached an agreement and concluded the transaction to transition the stakeholder positions they each hold in the ThalesRaytheonSystems joint venture structure – TRS LLC US Operations and TRS SAS French Operations.
The ThalesRaytheonSystems joint venture has been restructured... |
|06/27/16||Raytheon completes milestone for next-generation GPS controls|
|Development progresses on OCX control system, with perfect external interface test scores, including cyber function
AURORA, Colo., June 27, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) has achieved another test milestone in its development of the U.S. Air Force's Global Positioning System Next Generation Operational Control System, or GPS OCX. This new system offers significant improvements to the GPS on which the U.S. military and millions of civilians rely, including enhanced availability, a... |
|06/23/16||The State of Kuwait upgrades its air and missile defense|
|Raytheon awarded $523 million to modernize Kuwait's Patriot systems
ANDOVER, Mass., June 23, 2016 /PRNewswire/ -- The State of Kuwait will soon be able to better protect its cities and key infrastructure against ballistic missiles, aircraft and other airborne threats. The U.S. Army awarded Raytheon Company (NYSE: RTN) a $523 million undefinitized contract action to upgrade the State of Kuwait's Patriot Air and Missile Defense Systems to the most modern configuration currently fielded.
|06/22/16||Raytheon Professional Services wins prestigious award for multilingual support|
|International Customer Management Institute honors Barcelona customer service center
DALLAS, June 22, 2016 /PRNewswire/ -- The International Customer Management Institute has named Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), Best Multilingual Support provider. ICMI, which issues the annual Global Contact Center Awards, recognized the outstanding multilingual support provided by the RPS global customer service center in Barcelona, Spain.
The RPS cent... |
|06/17/16||Zumwalt destroyer runs strong on Raytheon systems|
|Performance and successes continued as Zumwalt completed trials
TEWKSBURY, Mass., June 17, 2016 /PRNewswire/ -- Systems and technologies from Raytheon Company (NYSE: RTN), the prime mission-systems equipment integrator for the U.S. Navy's DDG 1000-class destroyer program, performed strongly as the future USS Zumwalt sailed through Acceptance Trials.
Key ship capabilities were rigorously tested in recently completed Builder's and Acceptance Trials, including the Ray... |
|06/16/16||Defense Security Service recognizes Raytheon tradition of industrial security excellence with three Cogswell Awards|
|WALTHAM, Mass., June 16, 2016 /PRNewswire/ -- The Defense Security Service has awarded Raytheon (NYSE: RTN) three James S. Cogswell Outstanding Industrial Security Achievement Awards, the most prestigious honor given by DSS. Cogswell-winning organizations demonstrate sustained security program excellence and innovation, as well as a commitment to industry-government partnership to protect classified information.
The Cogswell award is earned by less than one half of one percent of eligible fa... |
|06/16/16||Raytheon achieves two milestones in development of next-generation controls for GPS|
|OCX Monitor Station Receiver Element milestones mark continued development momentum
AURORA, Colo., June 16, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) has passed both a qualification and a critical design review milestone as part of its development of the U.S. Air Force's Global Positioning System Next Generation Operational Control System, or GPS OCX. This new system offers significant improvements to the GPS on which the U.S. military and millions of civilians rely, including enhanced avai... |
|06/15/16||Spacefaring Raytheon technology makes air travel better, safer|
|Newly launched satellite payload sustains improved GPS navigation availability and accuracy
CAPE CANAVERAL, Fla., June 15, 2016 /PRNewswire/ -- Raytheon's newest payload, a technology package that improves the availability and accuracy of Global Positioning System signals for aviation, has launched into orbit for its 12-year mission.
The Raytheon-developed system is a key element of the Federal Aviation Administration's Wide Area Augmentation System, which offers commercial airline and ... |
|06/15/16||Raytheon strengthens focus on corporate responsibility|
|Annual report details efforts to create opportunity, enhance performance and build a sustainable future
WALTHAM, Mass., June 15, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) 2015 Corporate Responsibility Report outlines the company's continued commitment to creating opportunities for people, striving for strong performance and building a sustainable future of limitless possibilities. This commitment is embedded in the company's values, which emphasize trust, respect, collaboration,... |
|06/15/16||Javelin Scores a perfect 5 for 5 in UK ground vehicle tests|
|PARIS, June 15, 2016 /PRNewswire/ -- The Javelin™ Joint Venture team, a partnership of Raytheon Company (NYSE: RTN) and Lockheed Martin (NYSE: LMT), successfully demonstrated Javelin's ability to engage targets beyond its current 2.5 kilometer range requirement during a series of ground vehicle launch tests. The five tests were conducted for the U.K. Army at the Salisbury Plain Training Area in Wiltshire, England.
During the U.K. Army-sponsored tests, the Javelin missiles were mounted on a S... |
|06/14/16||Australia selects Raytheon ELCAN weapon sight for land forces|
|Advanced optical sight offers both long-range targeting and short-range aiming
PARIS, June 14, 2016 /PRNewswire/ -- Australia's Department of Defence has selected Raytheon's ELCAN Optical Technologies division to supply the ELCAN Specter® DR 1-4x dual role weapon sight. The $54 million contract award followed an open competition.
The ELCAN Specter® dual field-of-view (1X and 4X) sight will replace the ADF's standard 1.5X magnified sight on the new Enhanced F88 rifle in the Land 125 Phas... |
|06/07/16||Raytheon, Aerojet Rocketdyne sign new strategic sourcing agreement|
|Multi-year deal will provide long-term customer benefit
TUCSON, Ariz., June 7, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) have entered into a new Strategic Sourcing Agreement. Under the SSA, Aerojet Rocketdyne will act as a principal and long-term supplier of its legacy portfolio of propulsion systems and energetics products for key weapons programs.
"This landmark agreement is an important ste... |
|06/06/16||US Marine Corps awards Raytheon up to $249 million to refurbish vehicles|
|Engine and part rebuilds give Marines guaranteed reliability at half the cost of new
ALBANY, Ga., June 6, 2016 /PRNewswire/ -- The U.S. Marine Corps Logistics Command has awarded Raytheon Company (NYSE: RTN) up to $249 million with options over five years for work on the Secondary Reparable, or SECREP program, rebuilding vehicle parts such as engines, transmissions and electronics. The Marine Corps takes delivery of the items at approximately half the price of buying new. The savings can be... |
|06/06/16||Businesses wait for damaging cyber attacks before taking action: Study|
|Worldwide, cybersecurity trends away from reactive monitoring and toward proactive threat hunting
DULLES, Va., June 6, 2016 /PRNewswire/ -- A new global study commissioned by Raytheon (NYSE: RTN) reveals organizations worldwide wait until they fall victim to a damaging cyber attack before engaging a provider of managed security services, or MSS. Two-thirds of survey respondents indicated that not until there is a significant data loss from an IT security breach are their organizations motiv... |
|06/03/16||Raytheon awarded $365 million U.S. Navy contract|
|Providing critical radar components for the Navy's AEGIS program
TEWKSBURY, Mass., June 3, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $365,848,801 fixed-price-incentive, cost-plus-fixed-fee contract for the production of Aegis Weapon System AN/SPY-1D(V) Radar Transmitter Group, Missile Fire Control System MK 99 equipment, and associated engineering services.
This contract includes options which, if exercised, would bring the cumulative value of this contract to... |
|06/03/16||Raytheon awards $300,000 in MathMovesU middle school scholarships and grants|
|150 middle school students nationwide receive scholarships; schools receive matching grants for math education initiatives
WALTHAM, Mass., June 3, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) awarded $300,000 in scholarships and grants to middle school students and their schools as part of its MathMovesU® program, an initiative designed to engage middle school students in math and science. Each of the 150 middle school students from across the United States will receive a $1,... |
|06/02/16||Raytheon and No Barriers Warriors seek wounded veterans for transformational expedition|
|Nominations open for wounded veterans to participate in the 2016 Grand Canyon Veteran Wilderness Expedition
TUCSON, Ariz., June 2, 2016 /PRNewswire/ -- Nominations are now being accepted for 14 wounded veterans to embark on a seven-day Grand Canyon Expedition, rafting on the Colorado River and hiking up the Bright Angel Trail. Raytheon Company (NYSE: RTN) will sponsor the expedition, which is designed to help veterans overcome barriers and live fuller lives. No Barriers USA will run the exp... |
|05/27/16||Raytheon and Israel's UVision to develop loitering airborne solutions|
|Team will adapt UVision's Hero-30 system for U.S. Army requirement
TUCSON, Ariz., May 27, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and UVision signed a teaming agreement to work together on small, loitering airborne solutions. As part of the deal, Raytheon will adapt the Hero-30 remotely-operated lethal loitering airborne system from Israel's UVision for U.S. military requirements.
Hero-30 is a man-packed, canister-launched airborne loitering system. Raytheon will mo... |
|05/26/16||Standard Missile-3 flight test validates engineering upgrade|
|Improved rocket motor will further increase interceptor reliability
PACIFIC MISSILE RANGE FACILITY, Hawaii, May 26, 2016 /PRNewswire/ -- Raytheon Company and the Missile Defense Agency completed a successful flight test of an improved Standard Missile-3 (SM-3) Block IB third stage rocket motor.
The mission confirmed effective in-flight performance of the upgrade, which previously succeeded in all ground testing. The upgrade will be integrated into the current missile production line.
|05/26/16||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., May 26, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.7325 per outstanding share of common stock. The cash dividend is payable on Aug. 4, 2016, to shareholders of record as of the close of business on July 6, 2016.
Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and... |
|05/23/16||Raytheon begins delivery of railgun pulse power containers|
|Power requirements validated for future directed energy weapons
TEWKSBURY, Mass., May 23, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has begun deliveries of pulse power containers in support of the U.S. Navy's Railgun program. The containers, which are comprised of multiple pulsed power modules, will be integrated into the Navy's Railgun test range for additional development and testing.
The modular pulsed power containers, when combined, produce enough energy to enable the elec... |
|05/20/16||Raytheon awards Women's Cybersecurity Scholarships|
|Partnership with Center for Cyber Safety and Education seeks to close the gender gap in cybersecurity workforce
WASHINGTON, May 20, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the nonprofit Center for Cyber Safety and Education have awarded two female college students a $10,000 scholarship and a paid internship to develop their cybersecurity careers.
"This scholarship aims to attract and develop more young women in cybersecurity, and give them the opportunity to make an impact... |
|05/19/16||Raytheon partners with American University's Kogod Cybersecurity Governance Center|
|Company joins in efforts to advance cybersecurity research and education
WASHINGTON, May 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE:RTN) is partnering with the Kogod Cybersecurity Governance Center at American University in Washington, D.C., to promote good governance in the preparation for, prevention and detection of, and response to cybersecurity breaches in cybersecurity research and education.
"Raytheon Company is a strong advocate for effective and substantive strategies for... |
|05/18/16||Navajo Nation honors Raytheon Diné Facility with Business of the Year Award|
|Company recognized for industry excellence and community involvement
FARMINGTON, N.M., May 18, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems business in Farmington received the Navajo Nation Industry Business of the Year Award during the 2016 Navajo Nation Economic Summit. Raytheon Diné was recognized for its strong business growth, positive impact on the community, innovative manufacturing capabilities and technically advanced products.
"This prestigious award is v... |
|05/17/16||US Navy uses Raytheon's SeaRAM to knock out complex targets in at-sea test|
|Demonstration highlights progress toward operational capability
TUCSON, Ariz., May 17, 2016 /PRNewswire/ -- The U.S. Navy completed a series of test shots using Raytheon Company's (NYSE: RTN) SeaRAM anti-ship missile defense system, taking out several targets in a variety of scenarios that mimic today's most advanced threats to naval ships.
The series of two shots included one in which two supersonic missiles were inbound simultaneously, flying in complex, evasive maneuvers. In both fl... |
|05/10/16||Jordan to acquire Raytheon's TOW missiles|
|TOW missiles provide affordable accuracy to US, international forces
AMMAN, Jordan, May 10, 2016 /PRNewswire/ -- Jordan's Ministry of Defence has signed an agreement with the U.S. Department of Defense to acquire tube-launched, optically tracked, wireless-guided, or TOW, missiles made by Raytheon Company (NYSE: RTN). Raytheon will begin deliveries this year.
"Our international partners rely on the kind of extended-range precision TOW provides," said Scott Speet, Raytheon TOW program dire... |
|05/09/16||Edward Wan named 2016 Raytheon MATHCOUNTS National Champion|
|Texas team crowned top state Mathlete® squad
WASHINGTON, May 9, 2016 /PRNewswire/ -- Edward Wan, a 13-year-old seventh grader from Lakeside Middle School in Seattle, Washington, is the 2016 Raytheon MATHCOUNTS® National Champion, following an intense, elite competition at the Renaissance Washington, D.C., Downtown Hotel. This is the eighth year Raytheon (NYSE: RTN) has served as the event's title sponsor, as part of a decade-long commitment to MATHCOUNTS and a larger effort to promote educa... |
|05/03/16||Raytheon ramps up deliveries of small unmanned air systems|
|Company also forms new UAS directorate in Tucson
NEW ORLEANS, May 3, 2016 /PRNewswire/ -- Responding to growing warfighter demand, Raytheon Company (NYSE: RTN) has increased deliveries of its small unmanned aircraft systems. The company has also formed a new UAS directorate within the Advanced Missile Systems product line in Tucson, Arizona, that combines expertise in small UAS airframe and integration, with mission payload, command and control, and technology from across the company.
|05/02/16||Raytheon developing technology to make software "immortal"|
|Apps could be viable for 100 years despite changes in technology
CAMBRIDGE, Mass., May 2, 2016 /PRNewswire/ -- A team led by Raytheon BBN Technologies is developing methods to make mobile applications viable for up to 100 years, despite changes in hardware, operating system upgrades and supporting services. The U.S. Air Force is sponsoring the four-year, $7.8 million contract under the Defense Advanced Research Projects Agency's Building Resource Adaptive Software Systems program.
|04/29/16||Raytheon to start production of first multi-spectral targeting system with next-generation accuracy|
|U.S. Air Force awards company $90 million
MCKINNEY, Texas, April 29, 2016 /PRNewswire/ -- The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a $90 million first-lot production contract for the next-generation Multi-Spectral Targeting System. The AN/DAS-4, the latest variant of the MTS™ family of sensors, incorporates greater fire control and Target Location Accuracy technology for precise coordinates.
Combat-proven, with nearly three million operational flight hours, MTS sensors p... |
|04/28/16||Raytheon Reports Solid First Quarter 2016 Results|
|- Strong bookings of $6.2 billion; book-to-bill ratio of 1.08
- Net sales of $5.8 billion, up 9.0 percent
- EPS from continuing operations of $1.43
- Solid operating cash flow from continuing operations of $325 million
- As previously announced, increased annual dividend by 9.3 percent to $2.93 per share
- Updated full-year 2016 guidance
WALTHAM, Mass., April 28, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced net sales for the first quarter 2016 of $5.8 billion, ... |
|04/27/16||USS Coronado deploys with next-gen UAV controls from Raytheon|
|Unmanned helicopter control system brings flexible mission control to first US Navy littoral missions
SAN DIEGO, April 27, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy's Naval Air Systems Command have deployed advanced mission control for the MQ-8 Fire Scout, an unmanned helicopter, aboard the Littoral Combat Ship USS Coronado, which is now underway. Navy control hardware and Raytheon control software were combined for robust, flexible command and control of Fire Scou... |
|04/26/16||U.S. Navy awards Raytheon up to $104 million for long-range radar operations|
|Contract covers Relocatable Over-the-Horizon Radar, which detects threats to U.S.
CHESAPEAKE, Va., April 26, 2016 /PRNewswire/ -- The U.S. Navy's Naval Supply Systems Command (NAVSUP) has awarded Raytheon Company (NYSE: RTN) up to $104 million to conduct operations and maintenance for the Relocatable Over-the-Horizon Radar (ROTHR) program. ROTHR is a long-range surveillance radar used by the U.S. government in counter narco-terrorism operations. Raytheon designed and built R... |
|04/24/16||University of Central Florida becomes winningest National Collegiate Cyber Defense champion|
|Student team wins cybersecurity competition three years running
SAN ANTONIO, April 24, 2016 /PRNewswire/ -- University of Central Florida defeated nine other finalist teams to win the 2016 National Collegiate Cyber Defense Competition, earning the title of National Champion for the third year in a row. The championship NCCDC competition was held here April 22-24, with the top 10 college and university teams from across the nation facing off to protect a network against constant cyber attack... |
|04/19/16||Raytheon Company to release first quarter 2016 results on April 28, 2016|
|WALTHAM, Mass., April 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2016 earnings news release at 7 a.m. EDT Thursday, April 28, 2016. The release will be posted on Raytheon's website.
The first quarter 2016 earnings results conference call will be at 9 a.m. EDT Thursday, April 28, 2016. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call.... |
|04/18/16||BMW Northern Europe awards comprehensive training outsource contract to Raytheon|
|RUESSELSHEIM, Germany, April 18, 2016 /PRNewswire/ -- BMW Group Northern Europe has awarded Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), a three-year contract to provide training for BMW and Mini dealers in the Nordic Markets and Baltic States. The contract includes an option for two additional years.
Raytheon will provide training delivery, training administration and management, deployment and local adaptation services. The countries covered are Denmark,... |
|04/14/16||The U.S. Navy awards Raytheon $1B Next Generation Jammer Engineering and Manufacturing Development contract|
|Company to deliver adaptable smart pods for advanced electronic attack
EL SEGUNDO, Calif., April 14, 2016 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $1 billion sole source contract for Engineering and Manufacturing Development (EMD) for Increment 1 of the Next Generation Jammer (NGJ), the advanced electronic attack technology that combines high-powered, agile, beam-jamming techniques with cutting-edge, solid-state electronics.
Raytheon will deliver 15 Engineeri... |
|04/12/16||Raytheon, U.S. Air Force successfully complete GPS OCX first qualification test|
|Milestone demonstrates progress on Launch and Checkout System for next-generation GPS controls
AURORA, Colo., April 12, 2016 /PRNewswire/ -- On March 4, Raytheon (NYSE: RTN) successfully passed the first formal qualification test milestone for the U.S. Air Force's Global Positioning System Next Generation Operational Control System. Known simply as GPS OCX, this new system offers significant improvements to the GPS on which the U.S. military and mi... |
|04/11/16||Raytheon Company to showcase space mission expertise|
|Wide range of offerings at 32nd Space Symposium, premier space industry gathering
DULLES, Va., April 11, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will showcase its capabilities across the space domain at the 32nd Space Symposium, the premier gathering of the global space community, held April 11-14 in Colorado Springs, Colorado.
From space flight training and launch range management to advanced, space-based earth monitoring, satellite ground control and data analytics, Raytheon... |
|04/05/16||US Army awards Raytheon, DRS $56 million to develop next-gen infrared night vision|
|3rd Generation FLIR will allow soldiers to identify friend or foe at twice the distance of current systems
TUCSON, Ariz., April 5, 2016 /PRNewswire/ -- The U.S. Army awarded $56 million to the team of Raytheon Company (NYSE: RTN), and DRS Technologies to engineer, manufacture and develop the 3rd Generation Forward Looking Infrared B-Kit, an upgrade to night vision equipment that will allow ground troops to discriminate between friend or foe at twice the distance of current systems.
The ... |
|04/04/16||National Science Foundation awards Raytheon $8 million to continue building the future Internet|
|Raytheon BBN Technologies will oversee expansion of international collaborative scientific community
CAMBRIDGE, Mass., April 4, 2016 /PRNewswire/ -- The National Science Foundation has awarded $8 million to Raytheon BBN Technologies to continue the redesign of the Internet. The foundation-funded Global Environment for Network Innovations (GENI), a collaborative community of scientists from around the world, is working to meet the performance, security, and agility demands of new and emergin... |
|03/30/16||Doug Peterson named Raytheon 4th Air Traffic Controller of the Year|
|Dallas/Fort Worth controller recognized for commitment to safety and continuous improvement
DULLES, Va., March 30, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has selected Air Traffic Controller Doug Peterson as the fourth Raytheon Air Traffic Controller of the Year. The award recognizes controllers for outstanding efforts to improve quality, safety or efficiency of air traffic control.
Peterson, who works at the FAA's Dallas/Fort Worth terminal radar approach control facility, pla... |
|03/30/16||India to acquire Raytheon Stinger missiles|
|Air-to-air Stinger will add firepower to India's new combat helicopters
TUCSON, Ariz., March 30, 2016 /PRNewswire/ -- The Indian Ministry of Defence has signed an agreement with the U.S. Department of Defense to acquire Stinger air-to-air missiles made by Raytheon Company (NYSE: RTN). As part of the deal, India will receive 245 Stinger air-to-air missiles, as along with launchers and engineering support.
"India joins nations around the globe who recognize that air-to-air Stinger can be a... |
|03/23/16||Raytheon Company increases dividend by 9.3 percent; 12th consecutive annual increase|
|WALTHAM, Mass., March 23, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Board of Directors has voted to increase the company's annual dividend payout rate by 9.3 percent, from $2.68 to $2.93 per share. The Board also authorized payment of a quarterly cash dividend of $0.7325 per outstanding share of common stock, to be paid on May 12, 2016, to shareholders of record as of the close of business on April 6, 2016. Payment of quarterly dividends is subject to Board authorization.
"With toda... |
|03/23/16||US Air Force awards Raytheon $4.8 million to continue work on EW payload for cruise missiles|
|Raytheon resumes Counter-Electronics High Power Microwave Advanced Missile program
ALBUQUERQUE, N.M., March 23, 2016 /PRNewswire/ -- The U.S Air Force has awarded Raytheon Company (NYSE: RTN) $4.8 million to continue the Counter-Electronics High Power Microwave Advanced Missile, known as CHAMP, aboard the Conventional Air-Launched Cruise Missile
CHAMP is a non-kinetic payload that can disable adversaries' electronic systems. As part of the contract, Raytheon Missile Systems Ktech will re... |
|03/18/16||US Air Force awards Raytheon $573 million to continue building AMRAAM|
|Missile work will be completed in Tucson by early 2019
TUCSON, Ariz., March 18, 2016 /PRNewswire/ -- The U.S. Air Force has awarded Raytheon Company (NYSE: RTN) a $573 million contract modification to exercise the option on a previously awarded contract for Advanced Medium Range Air-to-Air Missiles (AMRAAM).
Work will be performed in Tucson, Arizona, and is expected to be complete by February 2019.
AMRAAM is a combat-proven missile that has demonstrated operational fl... |
|03/18/16||Raytheon Canada Limited chosen to enhance Royal Canadian Navy crew safety|
|Naval Remote Weapon Stations provide flexible and innovative mission support
CALGARY, Alberta, March 18, 2016 /PRNewswire/ -- Raytheon Canada Limited, a subsidiary of Raytheon Company (NYSE: RTN), has been awarded a contract to install up to 58 Naval Remote Weapon Stations (NRWS) on Royal Canadian Navy surface vessels. The NRWS is a mission-proven solution that replaces manually operated stations with technologies that allow for remote operations.
Remote operations enhance crew safety... |
|03/17/16||Patriot, one; ballistic missile, zero|
|Upgraded air and missile defense system destroys tactical ballistic missile target with interceptor mix in latest test
WHITE SANDS MISSILE RANGE, N.M., March 17, 2016 /PRNewswire/ -- The newly upgraded Raytheon (NYSE: RTN) Patriot Integrated Air and Missile Defense system has again proven that it can destroy a ballistic missile with different kinds of interceptors fired in rapid succession.
The combat-proven Patriot system, ... |
|03/16/16||New Raytheon software translates modern weapons for legacy aircraft|
|'Envoy' software enables easy integration, lowers costs and complications of upgrades
TUCSON, Ariz., March 16, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has developed the Envoy™ software solution to quickly and affordably integrate newer weapons onto legacy aircraft.
Integration of non-Universal Armament Interface (UAI) weapons was previously expensive and time consuming, requiring changes to aircraft operational flight programs – a very costly process that can take years. Envoy... |
|03/16/16||Raytheon to offer new long-range missile for U.S. Army fires requirement|
|Long-Range Precision Fires weapon increases affordability, speed, range and power in smaller design
HUNTSVILLE, Ala., March 16, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will offer a new missile design to meet the U.S. Army's Long-Range Precision Fires (LRPF) requirement to replace current army tactical missile system weapons.
"Our LRPF design will provide the U.S. Army with double the combat power of its ground launchers by utilizing a new design that fits two missiles in a sing... |
|03/14/16||Raytheon to display groundbreaking new Patriot radar at the Winter Association of the United States Army trade show|
|Futuristic technology enables 360-degree capability to proven Patriot platform
HUNTSVILLE, Ala., March 14, 2016 /PRNewswire/ -- The world's newest missile defense radar is gearing up for a road trip. Raytheon Company [NYSE: RTN] funded, developed and built a new Gallium Nitride (GaN) powered Active Electronically Scanned Array main antenna for the combat-proven Patriot Air and Missile Defense System. Raytheon will exhibit its prototype Patriot full-scale, GaN-based AESA radar in the compa... |
|03/10/16||Pie for Pi Day: Festivities serve up math and science fun to students nationwide|
|Raytheon delivers pies to Boys & Girls Clubs across the country to highlight STEM education
WALTHAM, Mass., March 10, 2016 /PRNewswire/ -- No matter how they slice it, it all adds up to fun for students learning the importance of math and science. On Pi Day, March 14 (for 3.14, the value of pi) Raytheon Company (NYSE: RTN) is treating students to a celebration of the world's most famous, never-ending number.
Raytheon will deliver chocolate chip cookie pies to select Boys & Girl... |
|03/08/16||U. S. Navy awards Raytheon $270 million contract for Standard Missile-6 production|
|TUCSON, Ariz., March 8, 2016 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company $270 million to exercise fiscal 2016 options for Standard Missile-6 production and spares requirements.
"U.S. Navy commanders want both capability and flexibility to meet a wide variety of missions, and that's exactly what SM-6 offers," said Mike Campisi, Standard Missile-6 senior program director. "Its use is transforming defense."
Raytheon has delivered more than 250 missiles to the U.S. Navy, which depl... |
|03/07/16||SM-6 shatters engagement distance record|
|Flight test validates missile's combat effectiveness
PACIFIC MISSILE RANGE FACILITY, Hawaii, March 7, 2016 /PRNewswire/ -- Raytheon's Standard Missile-6, successfully engaged five targets and shattered its previous maximum engagement range record, set in June of 2014.
This test series, supported by the Cooperative Engagement Capability, validated the tactical warfighting capability of SM-6, by demonstrating both maximum down range and a maximum cross range intercepts in over-the-horizon... |
|03/07/16||Raytheon Standard Missile-6 successfully hits surface target|
|SM-6 air defense interceptor proves surface-to-surface engagement capability
PACIFIC MISSILE RANGE FACILITY, Hawaii, Mar. 7, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Standard Missile-6 (SM-6) successfully engaged a surface target -- the decommissioned USS Reuben James (FFG 57) -- in a recent flight test. The test was a demonstration of the U.S. Navy's concept of "distributed lethality," employing ships in dispersed formations to increase the offensive might of the surface force a... |
|03/03/16||The 2016 National Collegiate Cyber Defense Competition kicks off|
|Nation's largest competition of its kind enhances skills to address workforce gap, find America's best and brightest cyber talent
DULLES, Va., March 3, 2016 /PRNewswire/ -- College students from more than 180 schools across the country will start showcasing their cyber skills this week in the 2016 National Collegiate Cyber Defense Competition. The national NCCDC tournament launches regional contests in March and April; from there, teams will advance based on who best protects their computer... |
|02/25/16||Raytheon and (ISC)2 Foundation offer scholarships to encourage college women to pursue cybersecurity degrees|
|Initiative to foster more female experts in burgeoning field
DULLES, Va., Feb. 25, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and (ISC)2 Foundation will offer $90,000 in new scholarship programs and paid internships over three years to encourage women to pursue cybersecurity degrees.
"Not only is there a deep cybersecurity talent gap that threatens our national security, there is also a distinct gender gap between men and women when it comes to cyber career exposure and awareness,... |
|02/22/16||Raytheon team to deliver next-generation jet trainer|
|Finmeccanica, CAE USA and Honeywell join Raytheon to provide fully integrated solution
WASHINGTON, Feb. 22, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is offering an integrated, next-generation training solution for the U.S. Air Force's Advanced Pilot Training competition. Raytheon, one of the world's preeminent training and avionics companies, is the prime contractor, with principal partners Finmeccanica, CAE USA and Honeywell Aerospace.
"The success of our nation's future pilo... |
|02/22/16||Raytheon, Entrada Combine Innovative Technologies to Improve Clinical Documentation|
|State-of-the-art speech-to-text technology and mobile productivity platform will streamline workflow, improve patient records' quality
CAMBRIDGE, Mass., Feb. 22, 2016 /PRNewswire/ -- Caregiver and practice efficiency for new clinical documentation will be maximized when Entrada's mobile productivity platform is integrated with Raytheon BBN Technologies' world class speech-to-text technology. This combination of clinical workflow, cloud-based mobile solutions and speech recognition expertise... |
|02/17/16||Raytheon, Boys & Girls Clubs of America inspire more girls to study engineering|
|Volunteers to host hands-on learning activities for girls across the U.S.
WALTHAM, Mass., Feb. 17, 2016 /PRNewswire/ -- Women represent only 13 percent of the engineering workforce in the United States. With that imbalance in mind, Raytheon (NYSE: RTN) has teamed up with Boys & Girls Clubs of America to introduce more girls to the field of engineering and the career options it offers.
During Engineers Week, Feb. 21-27, Raytheon, a sponsor of DiscoverE 'Girl Day,' will host events ... |
|02/17/16||Raytheon joins international partnership on cybersecurity|
|Company sponsors cyber-focused UAE Security Forum and university Cyber Academy
DULLES, Va., Feb. 17, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) will conduct a week of cybersecurity events in the United Arab Emirates as it partners with government leaders to help build the nation's cyber defense expertise.
"As a global leader in cybersecurity with more than three decades of experience, I believe we have the responsibility to help address this international security ch... |
|02/16/16||US Army awards Raytheon $31.8 million contract for continued Excalibur production|
|Company will provide 464 extended-range precision projectiles
TUCSON, Ariz., Feb. 16, 2016 /PRNewswire/ -- The U.S. Army awarded Raytheon Company (NYSE: RTN) a $31.8 million contract to produce and deliver 464 Excalibur Ib extended-range precision projectiles.
In full-rate production since mid-2014, Excalibur Ib has revolutionized cannon artillery, making it possible to engage targets precisely at long ranges. Excalibur is the longest-range, most precise, cannon-fired projectile in th... |
|02/15/16||JSOW C-1 gliding weapon scores direct hit in first operational test|
|Test validates Raytheon-built JSOW performance against varied targets
CHINA LAKE, Calif., Feb. 15, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy have conducted a successful operational test of the new Joint Standoff Weapon (JSOW) C-1 gliding, precision-guided weapon. Conducted in a challenging flight environment, the test further demonstrated the capabilities of JSOW C-1 against a broad set of land targets.
Launched from an F/A-18F Super Hornet at approximately 29... |
|02/10/16||Raytheon performance, deliveries continue for Zumwalt|
|Systems sail through sea trials
TEWKSBURY, Mass., Feb. 10, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN), the prime mission-systems equipment integrator for the DDG 1000 Zumwalt-class destroyer program, continues its strong performance, supporting the government-industry team as ships progress toward delivery.
Raytheon systems performed well during DDG 1000's Alpha Trials, a week-long, at-sea exercise that demonstrated key ship capabilities, including the Total Ship Computing Envir... |
|02/05/16||Raytheon to complete modernization of air traffic control system throughout the National Air Space|
|FAA awards Raytheon $135 million contract for final phase of STARS platform implementation
DULLES, Va., Feb. 5, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $135 million Federal Aviation Administration contract modification to upgrade air traffic control systems at the final 22 airports of the Standard Terminal Automation System, known as STARS. Implementation of STARS at these 22 sites will complete the NextGen terminal automation modernization of every major FAA Na... |
|02/04/16||Raytheon partners with Totara Learning to offer flexible, innovative learning management technology and services|
|DALLAS, Feb. 4, 2016 /PRNewswire/ -- Raytheon Professional Services (RPS) LLC, a subsidiary of Raytheon Company (NYSE: RTN) will join the Totara Partner Network to offer an expanded portfolio of learning management technology and services. Totara technology will be offered together with RPS' unique suite of services for learning management systems, known as Raytheon Flex Learning Management Services.
The Totara open source platform is easy to install and migrate, delivers reduced network cost... |
|02/02/16||Future drones, planes, missiles no match for new Raytheon radar|
|Raytheon's gallium nitride-based AESA Patriot radar completes key milestones
ANDOVER, Mass., Feb. 2, 2016 /PRNewswire/ -- Air and missile defense is about to get better. Raytheon Company (NYSE: RTN) recently completed a series of company-funded milestones to upgrade the combat-proven Patriot Air and Missile Defense System. The projected upgrade delivers 360-degree capability and keeps Patriot ahead of increasingly more sophisticated threats, such as aircraft, drones, and cruise and ballist... |
|01/28/16||Raytheon kill vehicle succeeds in developmental flight test|
|Mission validates thruster redesign for enhanced ballistic missile defense
VANDENBERG AIR FORCE BASE, Calif., Jan. 28, 2016 /PRNewswire/ -- A Raytheon Company (NYSE: RTN) Exoatmospheric Kill Vehicle (EKV) successfully completed a data-gathering mission during a Missile Defense Agency flight test. The mission's objective was to observe in-flight performance of redesigned components and gain valuable information on evolving threat classes.
EKVs are designed to destroy incoming ballistic t... |
|01/28/16||Raytheon awarded $564 million contract for Joint Polar Satellite System instruments|
|Company will build two sensor suites for polar orbital missions
EL SEGUNDO, Calif., Jan. 28, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $564 million contract modification award from NASA for two satellite sensors as part of the National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System (JPSS) Polar Follow-On missions.
The Visible Infrared Imaging Radiometer Suite (VIIRS) sensors are for two satellites in the series, Polar Follow-On /JPSS-... |
|01/28/16||Raytheon Reports Solid Fourth Quarter and Full-Year 2015 Results|
|- Strong bookings of $7.9 billion in the quarter and $25.2 billion for the year; book-to-bill ratio of 1.09 for the year
- Fourth quarter net sales of $6.3 billion, up 3 percent; full-year net sales of $23.2 billion, up 2 percent
- Fourth quarter EPS from continuing operations of $1.85; full-year EPS from continuing operations of $6.75
- Solid operating cash flow from continuing operations of $813 million in the quarter and $2.3 billion for the year after a $200 million pretax discretio... |
|01/22/16||NASA recognizes Raytheon for small business support|
|Agency names Raytheon as Large Business Prime Contractor of the Year at Johnson Space Center
JOHNSON SPACE CENTER, Texas, Jan. 22, 2016 /PRNewswire/ -- The National Aeronautics and Space Administration has selected Raytheon Company (NYSE: RTN) as the 2015 Large Business Prime Contractor of the Year at the Johnson Space Center. NASA honored the company for its high-tech execution of partnerships with small businesses in its contract supporting human spaceflight at JSC.
NASA's Office of S... |
|01/21/16||DARPA taps Raytheon to make infantry squads more adaptive, aware and effective|
|$2.5 million contract to develop lightweight systems to enhance capabilities in complex environments
TUCSON, Ariz., Jan. 21, 2016 /PRNewswire/ -- DARPA, the U.S. Department of Defense's advanced research and technology branch, has awarded a $2.5 million, Phase One contract to Raytheon Company (NYSE: RTN) to develop new technologies to boost the effectiveness and safety of infantry squads.
The contract was awarded under DARPA's Squad X Core Technologies (SXCT) program, which is designed t... |
|01/20/16||Award-winning Raytheon programs help inspire students in Colorado Springs|
|MathAlive! interactive exhibit and Engineering is Elementary grant provide science, technology, engineering and math (STEM) education
COLORADO SPRINGS, Colo., Jan. 20, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is bringing the national award-winning educational programs MathAlive! and Engineering is Elementary® to Colorado Springs in January.
"Raytheon is working to build the future by inspiring the next generation of scientists and engineers," said Todd Probert, vice presiden... |
|01/20/16||Raytheon's enhanced Coyote UAV flies into hurricanes for NOAA|
|Small, unmanned vehicles will track data and keep researchers out of harm's way
TUCSON, Ariz., Jan. 20, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is providing its enhanced Coyote® Unmanned Air System to the National Oceanic and Atmospheric Administration for hurricane tracking and modeling, giving researchers an unprecedented perspective from inside storms that build in the Atlantic Ocean. The Coyote is a small, expendable UAS that can be tube-launched from a host vehicle on the gro... |
|01/19/16||Raytheon Company to release 2015 fourth quarter and full-year results on Jan. 28, 2016|
|WALTHAM, Mass., Jan. 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its 2015 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 28, 2016. The release will be posted on Raytheon's website.
The 2015 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 28, 2016. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for ... |
|01/14/16||Successes -- and hardware -- stack up for Raytheon's AMDR|
|Development and testing on track for DDG 51 Flight III
TEWKSBURY, Mass., Jan. 14, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced its AN/SPY-6(V) Air and Missile Defense Radar (AMDR) team has completed the first full radar array, fully populated with component Line Replaceable Units (LRUs), including more than 5,000 Transmit/Receive elements, in 140 days. In less than two years, the radar has been designed, built and transitioned to test; the Engineering and Manufacturing Develo... |
|01/13/16||Raytheon completes active seeker test for Tomahawk cruise missile|
|Flight test demonstrates seeker's capability against land and sea targets
TUCSON, Ariz., Jan. 13, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a successful captive flight test of a seeker designed for the Tomahawk Block IV cruise missile. The seeker will enable Tomahawk to engage moving targets on land and at sea.
Using company-funded, independent research and development, the test was conducted with a modified Tomahawk missile nose cone mounted on a T-39 test aircraft a... |
|01/13/16||Raytheon BBN Technologies Advances in Office of Naval Research STEM Grand Challenge|
|Company-developed artificial intelligence system is already teaching high school physics
CAMBRIDGE, Mass., Jan. 13, 2016 /PRNewswire/ -- Raytheon BBN Technologies will advance to the second phase in the Office of Naval Research (ONR) Science, Technology, Engineering, and Mathematics (STEM) Grand Challenge, a competition to develop adaptive intelligent tutors. Four teams competed in the first phase, each developing an intelligent tutoring system for a specific purpose.
Raytheon BBN's entr... |
|01/12/16||Raytheon marks 20 years of Cooperative Engagement Capability deployment|
|Providing the 'big picture' for naval forces worldwide
TEWKSBURY, Mass., Jan. 12, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has achieved a significant milestone, marking its 20th year of Cooperative Engagement Capability deployment onboard U.S. Navy surface ships. CEC has enhanced situational awareness and air and missile defense capabilities since certification in 1996.
CEC brings together multiple sensors to provide high quality situational awareness and integrated fire contro... |
|01/11/16||Raytheon and Student Veterans of America to award five $10,000 scholarships to veterans|
|Applications for 2016 scholarships are now being accepted
WALTHAM, Mass., Jan. 11, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with the nonprofit Student Veterans of America (SVA), is now accepting applications for the 2016 Raytheon – SVA Scholarships. Raytheon and SVA will award five $10,000 scholarships to student veterans who have demonstrated leadership in their local communities and are pursuing undergraduate or graduate degrees in engineering or cybersecurity.
|01/04/16||Raytheon awarded $255 million for DDG 1002|
|TEWKSBURY, Mass., Jan. 4, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $255,281,689 fixed-price-incentive firm target modification to a previously awarded contract to procure mission system equipment for the future USS Lyndon B. Johnson (DDG 1002). This contract modification includes options which, if exercised, would bring the cumulative value of this award to $349,243,022.
Work will be performed in Portsmouth, Rhode Island (40 percent); Andover, Massachusetts (25 p... |