2019 News Releases

Keyword Search
 
2019 | 2018 | 2017 | 2016 | 2015 | 2014 | Archive
DateTitle 
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... 
Printer Friendly Version
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 ... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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 ... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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 ... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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 ... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version
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... 
Printer Friendly Version