2016 News Releases

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02/05/16Raytheon 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... 
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02/04/16Raytheon 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... 
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02/02/16Future 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... 
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01/28/16Raytheon 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... 
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01/28/16Raytheon 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-... 
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01/28/16Raytheon 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... 
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01/22/16NASA 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... 
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01/21/16DARPA 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... 
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01/20/16Award-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... 
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01/20/16Raytheon'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... 
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01/19/16Raytheon 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 ... 
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01/14/16Successes -- 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... 
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01/13/16Raytheon 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... 
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01/13/16Raytheon 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... 
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01/12/16Raytheon 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... 
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01/11/16Raytheon 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. ... 
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01/04/16Raytheon 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... 
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This page contains press releases issues in the past by Raytheon and is being provided for your information only. On the date released, some of the contents may have contained statements that were then "forward-looking statements" based upon then current expectations, forecasts and assumptions that involved risks and uncertainties, then enumerated by Raytheon, that could cause actual outcomes and results to differ materially. Raytheon disclaims any intention or obligation to update or revise the contents of this page, including but not limited to, any forward-looking statements made at the time the information was first released, whether as a result of new information, future events or otherwise.