|10/16/18||Raytheon Company to release third quarter 2018 results on October 25, 2018|
|WALTHAM, Mass., Oct. 16, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its third quarter 2018 earnings news release at 7 a.m. EDT Thursday, Oct. 25, 2018. The release will be posted on Raytheon's website.
The third quarter 2018 earnings results conference call will be at 9 a.m. EDT Thursday, Oct. 25, 2018. 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 fo... |
|10/10/18||Raytheon ELCAN unveils new reflex rifle sight for land forces|
|Rugged optical reflex sight offers faster targeting
WASHINGTON, Oct. 10, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has developed the ELCAN Specter® close quarters sight that allows ground troops to more quickly identify targets and make better decisions. The new reflex rifle sight features a large window and LED technology that provide soldiers with a sharper image.
Designed specifically for use in close quarters, the new sight uses large h... |
|10/10/18||Raytheon's SPY-6 radar tracks ballistic missile through intercept and multiple, simultaneous targets|
|US Navy's newest radar sailing through tests, production
TEWKSBURY, Mass., Oct. 10, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) AN/SPY-6(V) radar continues to demonstrate its integrated air and missile defense capability through exceptional performance against multiple targets. The radar detected, acquired and tracked multiple targets from the U.S. Navy's Pacific Missile Range Facility, Kauai, Hawaii. Capitalizing on two unrelated exercises conducted nearby in mid-September, SPY-6(V... |
|10/09/18||US Army completes qualification testing for new Stinger missile proximity fuze|
|Enhanced weapon will counter enemy UAVs and other emerging threats
TUCSON, Ariz., Oct. 9, 2018 /PRNewswire/ -- The U.S. Army has completed qualification testing for a new proximity fuze that significantly enhances the combat-proven Stinger® missile produced by Raytheon Company (NYSE: RTN). During recent testing at Eglin Air Force Base in Florida, the upgraded weapon system scored a perfect 100 percent hit rate against a variety of targets. The missiles were shoulder- and vehicle-launched.
|10/09/18||Raytheon, US Army upgrade Excalibur projectile|
|Enhanced munition offers new attack angle, defeats moving targets
TUCSON, Ariz., Oct. 9, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Army completed development of a revolutionary capability for cannon artillery by upgrading the combat-proven Excalibur® precision-guided projectile. The Excalibur Shaped Trajectory, or EST, variant will enable soldiers to eliminate targets in hard-to-reach locations by selecting the projectile's terminal or final phase attack angle.
|10/09/18||Raytheon accelerates DeepStrike missile development|
|New Army weapon will deliver unparalleled precision, firepower
TUCSON, Ariz., Oct. 9, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a significant milestone in the development of its long-range DeepStrike™ missile to meet the U.S. Army's Precision Strike Missile, or PrSM, requirement. The company has integrated its new launch pod missile container into the Army's M142 HIMARS and M270 MLRS launchers.
The launch pod missile container... |
|10/08/18||Raytheon, Rheinmetall join forces for US Army's Next-Gen Combat Vehicle competition|
|Team will offer American-made Lynx vehicle enhanced with Raytheon technology
TUCSON, Ariz., Oct. 8, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Rheinmetall Defence have joined forces to meet the U.S. Army's requirement for the Next-Generation Combat Vehicle-Optionally Manned Fighting Vehicle program. The global industry team will offer the new Lynx Infantry Fighting Vehicle paired with Raytheon weapons, sensors and system integration expertise to provide the Army with an advanced,... |
|10/08/18||Raytheon selected to advance in U.S. Army's Lower Tier Air and Missile Defense Sensor competition|
|Mature solution ready to defend against modern threats
TEWSKBURY, Mass., Oct. 8, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is advancing in the U.S. Army's Lower Tier Air and Missile Defense Sensor, or LTAMDS, competition and now enters the Technology Maturation and Risk Reduction phase of the program. During TMRR, Raytheon will demonstrate LTAMDS performance through multiple technology demonstrations, using a fully operational array and later an integrated radar prototype, to prove ... |
|10/07/18||Raytheon, US Army improve TOW missile|
|Enhanced weapon will help soldiers maintain overmatch advantage
TUCSON, Ariz., Oct. 7, 2018 /PRNewswire/ -- The U.S. Army awarded Raytheon Company (NYSE: RTN) a $21 million contract to develop a new propulsion system for the venerable TOW® missile. The contract funds a three-year effort to make performance improvements to the tube-launched, optically tracked TOW missile.
The TOW system is a long-range, heavy assault-precision anti-armor, anti-fortification... |
|10/05/18||Raytheon, Saab demonstrating new guided Carl-Gustaf munition for US Army|
|Advanced munition enables ground troops to precisely engage multiple targets
TUCSON, Ariz., Oct. 5, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Swedish aerospace and defense firm Saab are demonstrating a new guided munition for the Carl-Gustaf man-portable, shoulder-launched weapon system under a U.S. Army contract. There will be three all-up-round test firings against threat-representative targets. This new munition answers a U.S. Special Operations Command requirement to increas... |
|10/03/18||Raytheon delivers first SeeMe satellite to DARPA|
|Small satellites will increase situational awareness for ground troops
TUCSON, Ariz., Oct. 3, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has delivered the first Space Enabled Effects for Military Engagements, or SeeMe, satellite to DARPA. Assembled on the company's advanced missile production lines, the new SeeMe satellite will provide greater situational awareness to soldiers on the ground.
DARPA's SeeMe program is designed to show that small sate... |
|10/02/18||Raytheon announces partnerships to bring advanced technology to critical infrastructure cybersecurity|
|Agreements will provide security analytics, artificial intelligence and isolated browsers for enhanced resilience
DULLES, Va., Oct. 2, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Intelligence, Information and Services business announced two partnerships to enhance cybersecurity protection for critical infrastructure systems such as electoral, financial and healthcare systems. The new agreements with Cybraics and Authentic8 bring advanced protection technologies to Raytheon's global ... |
|09/27/18||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., Sept. 27, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.8675 per outstanding share of common stock. The cash dividend is payable on Nov. 8, 2018, to shareholders of record as of the close of business on Oct. 10, 2018.
Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing... |
|09/27/18||Raytheon awards Air Traffic Control Association's first-ever Women in Aviation scholarships|
|DULLES, Va., Sept. 27, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Intelligence, Information and Services business awarded four Women in Aviation scholarships as part of the Air Traffic Control Association's (ATCA) Scholarship Fund Program. Each scholarship winner will receive an $11,250 cash scholarship to pursue an aviation-related degree.
"Closing the gender gap in aviation career fields means expanding educational opportunities for women," said Mat... |
|09/26/18||Raytheon awarded production contract for Poland's Patriot|
|Will enhance Polish, European, NATO security, create jobs in Poland & US
TEWKSBURY, Mass., Sept. 26, 2018 /PRNewswire/ -- The U.S. Army has awarded Raytheon Company (NYSE: RTN) a more than $1.5 billion contract for production of Poland's Patriot™ Integrated Air and Missile Defense System including spare parts, support and training.
Announced by the Department of Defense on September 25, the contract calls for Raytheon to build and deliver four Patriot ... |
|09/24/18||Raytheon to expand cybersecurity customer base in the Middle East|
|New contract will enhance nation scale cyber defenses
DULLES, Va., Sept. 24, 2018 /PRNewswire/ -- Raytheon Company (NYSE:RTN) has been awarded a multi-year contract with a new government customer in the Middle East North Africa Region. Raytheon's Intelligence, Information and Services business will provide advanced cybersecurity solutions and associated training, knowledge transfer and operational and sustainment support.
"Raytheon has established a soli... |
|09/18/18||Raytheon names Scott A. Lupkas vice president, Pension Investments|
|WALTHAM, Mass., Sept. 18, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has named Scott A. Lupkas vice president, Pension Investments. Lupkas will oversee Raytheon's pension and retirement funds including the company's investment strategies and assets for U.S. employee benefit plans. Lupkas will report to Kevin DaSilva, vice president, treasurer.
"Scott's diverse investment experience positions him well for the critical role he will play overseeing Raytheon... |
|09/12/18||Standard Missile-3 intercepts ballistic missile target during Japanese test at sea|
|Japan's first SM-3 IB test underlines international cooperation
PACIFIC MISSILE RANGE FACILITY, Hawaii, Sept. 12, 2018 /PRNewswire/ -- The Japan Maritime Self-Defense Force and the United States Missile Defense Agency completed a successful intercept flight test in cooperation with the U.S. Navy off the coast of Kauai in Hawaii. A Raytheon Company (NYSE: RTN) SM-3® Block IB missile intercepted a ballistic missile target, marking the first time Japan has tested the sophisticated interceptor... |
|09/10/18||Raytheon strengthens alliance with commercial satellite company, HawkEye 360, to further enhance data analytics for government users|
|DULLES, Va., Sept. 10, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Intelligence, Information and Services business is collaborating with commercial small satellite company, HawkEye 360 Inc., as part of its ongoing focus to provide innovative commercial technologies and more precise data to the government sector.
The alliance includes a strategic investment in HawkEye 360 and provides Raytheon with a unique level of access to data, enhancing the compa... |
|09/06/18||Ellen M. Pawlikowski elected to Raytheon board of directors|
|WALTHAM, Mass., Sept. 6, 2018 /PRNewswire/ -- The board of directors of Raytheon Company (NYSE: RTN) has elected General Ellen M. Pawlikowski, USAF, Retired, as a director, effective immediately.
Pawlikowski, 61, retired as Commander, U.S. Air Force Materiel Command, Wright-Patterson Air Force Base, Ohio, on September 1, 2018. During her command, she executed the critical mission of warfighter support through leading-edge science and technology, complete li... |
|08/30/18||No Barriers, Raytheon select 2018 Veteran Wilderness Expedition team|
|Disabled veterans to tackle the Grand Canyon
TUCSON, Ariz., Aug. 30, 2018 /PRNewswire/ -- Raytheon Company (NSYE: RTN) and No Barriers Warriors today announced the 2018 Grand Canyon Veteran Wilderness Expedition team. Disabled veterans from Alabama, Arizona, New Mexico and Texas will participate in the Raytheon-funded expedition Oct. 19-27 in Arizona.
The expedition is designed to push participants physically with long-distance hiking and rafting, and m... |
|08/29/18||Raytheon Company Appoints Roy Azevedo President, Space and Airborne Systems|
|Succeeds Richard R. Yuse, who will retire at end of year
WALTHAM, Mass., Aug. 29, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of Roy Azevedo as President, Space and Airborne Systems, effective September 1, 2018. Azevedo, 57, has been elected a corporate officer and has been named to the Raytheon Corporate Leadership Team. He succeeds Richard R. Yuse, who informed the company of his intention to retire from Raytheon on ... |
|08/28/18||Raytheon recognized for air traffic control excellence|
|STARS team receives the Air Traffic Control Association's annual Industry Award
DULLES, Va., Aug. 28, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Intelligence, Information and Services business' Standard Terminal Automation Modernization and Replacement System (STARS) team received the Air Traffic Control Association's (ATCA) annual Industry Award for exceptional performance delivering America's next-generation air traffic control system for terminal area airspace management.
|08/28/18||Raytheon developing system that lets artificial intelligence explain itself|
|DARPA program applies 'trust but verify' to AI
CAMBRIDGE, Mass., Aug. 28, 2018 /PRNewswire/ -- Under the Defense Research Project Agency's (DARPA) Explainable Artificial Intelligence program (XAI), Raytheon (NYSE: RTN) BBN Technologies is developing a first of its kind neural network that explains itself.
The XAI program aims to create a suite of machine learning techniques that produce more explainable models while maintaining a high level of performan... |
|08/10/18||Sweden signs agreement with U.S. government for Patriot Air and Missile Defense System|
|Sweden becomes 16th nation to entrust lower tier air and missile defense to Raytheon's Patriot system
STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- The government of Sweden signed an agreement to purchase Raytheon's (NYSE: RTN) Patriot™ air and missile defense system from the U.S. Army. The agreement, formally referred to as a Letter of Offer and Acceptance, paves the way for Sweden's Patriot force to rapidly reach Initial Operational Capability.
"Sweden and ... |
|08/06/18||Raytheon invests in advanced manufacturing for radar development|
|$72M facility delivers unmatched integration and testing capability
TEWKSBURY, Mass., Aug. 6, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced the opening of a $72 million, 30,000 square foot facility on its Andover, Mass.-based campus, which is now home to some of the industry's leading innovations in manufacturing. The new space features advanced automation technology to support complex radar testing and integration.
"We built the new radar ... |
|08/01/18||Raytheon names Sally Sullivan vice president, U.S. Business Development and Ed Fortunato, vice president, Government Relations|
|ARLINGTON, Va., Aug. 1, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has named Sally Sullivan vice president of U.S. Business Development, and Ed Fortunato vice president of Government Relations. Sullivan and Fortunato will report to John D. Harris II, vice president, Business Development for Raytheon Company, and Chief Executive Officer, Raytheon International, Inc.
"Sally is an experienced business leader with a strong track record of driving growth th... |
|07/31/18||US Air Force awards Raytheon $96 million for Miniature Air- Launched Decoy missile production|
|Decoy and jamming missile defeats advanced enemy defenses
TUCSON, Ariz., July 31, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $96.1 million contract to produce 250 Miniature Air-Launched Decoys, or MALD® missiles. The U.S. Air Force award occurred just prior to Raytheon marking its 2,000th MALD system delivery, and 10th year of on-time customer deliveries.
The MALD system is an air-launched missile with both decoy and jamming capabiliti... |
|07/30/18||IARPA selects Raytheon for predictive analytics competition|
|Raytheon BBN's solution to help predict global events using the best attributes of human and machine analysis
CAMBRIDGE, Mass., July 30, 2018 /PRNewswire/ -- The Intelligence Advanced Research Projects Activity awarded Raytheon BBN Technologies (NYSE: RTN) a $14.5 million contract to develop a system that improves the accuracy of predicting a range of geopolitical events – including elections, conflict, and disease outbreak.
The contract was awarded la... |
|07/26/18||Raytheon Reports Strong Second Quarter 2018 Results|
|- Strong bookings of $8.7 billion; book-to-bill ratio of 1.31
- Net sales of $6.6 billion, up 5.5 percent
- EPS from continuing operations of $2.78, up 47.1 percent
- Operating cash flow from continuing operations of $1.2 billion
- Updated full-year 2018 guidance
WALTHAM, Mass., July 26, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the second quarter 2018 of $6.6 billion, up 5.5 percent compared to $6.3 billion in the second quarter 2017. Secon... |
|07/17/18||Raytheon demos small x-band precision approach radar|
|Low-Power Radar guides more aircraft from extended ranges
FARNBOROUGH, England, July 17, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Intelligence, Information and Services business demonstrated its Low-Power Radar's ability to provide precision approach guidance to landing aircraft from 15 nautical miles, which is five more than the current capability, to military officials representing the U.S. Navy, Army and Air Force in Brooksville, Fla., June 26-28.
|07/17/18||Raytheon Company to release second quarter 2018 results on July 26, 2018|
|WALTHAM, Mass., July 17, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its second quarter 2018 earnings news release at 7 a.m. EDT Thursday, July 26, 2018. The release will be posted on Raytheon's website.
The second quarter 2018 earnings results conference call will be at 9 a.m. EDT Thursday, July 26, 2018. 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... |
|07/17/18||US Army selects Raytheon for near-term counter-UAS mission|
|Coyote UAS and KRFS radar acquire, track and engage enemy drones
LONDON, July 17, 2018 /PRNewswire/ -- The U.S. Army will use Raytheon Company's (NYSE: RTN) Coyote® unmanned aircraft system and the KRFS radar, which stands for Ku band radio frequency system, to counter the escalating threat of enemy unmanned aerial vehicles in the skies above the battlefield.
Equipped with an advanced seeker and warhead, the Coyote-enabled system can succ... |
|07/17/18||Raytheon producing and delivering 44 Standard Missile-3 rounds under $466 million contract|
|Interceptors will strengthen the missile defense shield
LONDON, July 17, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will produce, test and deliver 44 Standard Missile-3 Block IB interceptors under a $466.9 million U.S. Missile Defense Agency contract. This is the fiscal year 2018 contract under the initial 2015 contract announcement of $2,351,177,872 for planned SM-3 fiscal year 2015-2018 production.
The U.S. Navy uses the missiles to provide reg... |
|07/17/18||Raytheon selected as cybersecurity advisor to the Royal Hashemite Court of the Kingdom of Jordan|
|Work includes conducting vulnerability assessments for aviation and critical infrastructure systems
FARNBOROUGH, England, July 17, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been selected as the cybersecurity advisor to the Royal Hashemite Court of the Kingdom of Jordan. The company's Intelligence, Information and Services business will provide cyber protection solutions and counsel to help defend critical systems and infrastructure across the Kingdom.
|07/16/18||USS Wasp first-ever carrier to use Joint Precision Approach and Landing System on deployment|
|F-35Bs can use JPALS for precision landings in zero visibility conditions
FARNBOROUGH, England, July 16, 2018 /PRNewswire/ -- Early in 2018, U.S. Marine Corps F-35B Lightning II fighters deployed to the Pacific aboard the USS Wasp amphibious assault ship, and used Raytheon Company's (NYSE: RTN) Intelligence, Information and Services business's Joint Precision Approach and Landing System (JPALS) to guide them onto the ship's deck in all weather and surface conditions up to the rough waters o... |
|07/16/18||Raytheon projector selected for UAE F-16 digital head-up display by BAE Systems|
|Digital upgrade reduces lifecycle costs, increases reliability
LONDON, July 16, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will design, develop and manufacture the projector for BAE Systems' Digital Light Engine head-up display on the F-16 Fighting Falcon for the United Arab Emirates armed forces. The digital HUD upgrade will integrate seamlessly into the F-16's existing HUD space, requiring no changes to the aircraft, cabling or computing.
HUDs a... |
|07/16/18||Joint Strike Missile scores direct hit in latest flight test from F-16|
|New missile demonstrates advanced target identification
LONDON, July 16, 2018 /PRNewswire/ -- Norway's Ministry of Defense successfully test fired a Joint Strike Missile from an F-16 Fighting Falcon, demonstrating the weapon's ability to change course to avoid hitting a decoy target, and fly at low, radar-evading altitudes. Raytheon Company (NYSE: RTN) and Norway's Kongsberg Gruppen are teaming to develop JSM for the F-35 Joint Strike Fighter, beginning with F-16 integration.
|07/16/18||Operational testing begins on StormBreaker|
|LONDON, July 16, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) StormBreaker™ bomb, formerly called the Small Diameter Bomb II, or SDB II™ bomb, has entered operational testing, a step closer to providing U.S. Air Force pilots the capability to strike maneuvering targets in adverse weather. Operational testing follows completion of a successful Operational Test Readiness Review in Spring 2018.
The StormBreaker tri-mode seeker uses imaging infrared, mill... |
|07/16/18||Raytheon gets $59 mil for new work on polar satellite ground system|
|NASA contract supports NOAA's 2021 launch of JPSS-2
FARNBOROUGH, England, July 16, 2018 /PRNewswire/ -- NASA awarded Raytheon's (NYSE: RTN) Intelligence, Information and Services business $59 million for additional work on NOAA's Joint Polar Satellite System Common Ground System project. The changes are necessary to launch America's next polar satellite, JPSS-2, in 2021. The project recently completed the critical design review for the work, and compatibility testing between the satellite a... |
|07/15/18||Enhanced ship-defense missile aces first guided flight test|
|Raytheon upgrades Evolved SeaSparrow Missile to defeat complex threats
POINT MUGU, Calif., July 15, 2018 /PRNewswire/ -- The U.S. Navy completed the first successful guided flight test of Raytheon Company's (NYSE: RTN) ESSM® Block 2 intermediate-range, surface-to-air missile. The Block 2 variant was fired from the Navy's self-defense test ship and scored a direct hit on an aerial target off the coast of southern California.
The ESSM Block 2 missile will ... |
|07/12/18||Jeanette Hughes appointed Raytheon Vice President Internal Audit|
|Larry Harrington retires after distinguished career as Chief Audit Officer
WALTHAM, Mass., July 12, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced that it has appointed Jeanette Hughes Vice President Internal Audit, effective September 4, 2018. Hughes succeeds Larry Harrington, who is retiring after 14 years with Raytheon. Hughes currently serves as Vice President Internal Audit for Ingram Micro Inc., a global leader in technology and supply chain services based in Irvine... |
|07/02/18||Raytheon designing U.S. Army laser|
|New weapon system will counter rocket, artillery and mortar attacks
MCKINNEY, Texas, July 2, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is developing a 100 kW class laser weapon system preliminary design for integration onboard the Family of Medium Tactical Vehicles. This is a $10 million U.S. Army's High Energy Laser Tactical Vehicle Demonstration program contract.
HEL TVD, a U.S. Army science and technology demonstration program, is part of the ... |
|06/27/18||Marta R. Stewart elected to Raytheon board of directors|
|WALTHAM, Mass., June 27, 2018 /PRNewswire/ -- The board of directors of Raytheon Company (NYSE: RTN) has elected Marta R. Stewart as a director, effective immediately.
Stewart, 60, retired last year from Norfolk Southern Corporation after a distinguished 33-year career with the company. She most recently served as Executive Vice President and Chief Financial Officer, a position she held since 2013. Her tenure at Norfolk Southern included roles of increasing... |
|06/21/18||Raytheon wins shared U.S. Army training support services contract valued up to $2.4B|
|ORLANDO, Fla., June 21, 2018 /PRNewswire/ -- The U.S. Army Contracting Command has selected Raytheon's (NYSE: RTN) Intelligence, Information and Services business as one of the contractors for the Enterprise Training Services Contract, known as ETSC. The multi-award indefinite delivery/indefinite quantity contract is valued up to $2.4 billion over five years.
Under the contract, Raytheon will provide training services in support of the U.S. Army and its se... |
|06/21/18||FAA now has better, more precise GPS coverage across US|
|GEO 5 joins WAAS, a GPS signal error correcting network
DULLES, Va., June 21, 2018 /PRNewswire/ -- The Federal Aviation Administration's Geosynchronous Earth Orbiting 5 Wide Area Augmentation System navigation payload, developed by Raytheon's (NYSE: RTN) Intelligence, Information and Services business, is now operational and fully integrated into the WAAS network. The GEO 5 payload joins two others already on orbit in correcting GPS satellite signal ionospheric disturbances, timing issues, ... |
|06/19/18||Raytheon receives U.S. Patent No. 10,000,000|
|Laser radar data system is latest innovation in company's near century-long history
WASHINGTON, June 19, 2018 /PRNewswire/ -- The U.S. government has granted the 10 millionth patent in the nation's history to Raytheon (NYSE: RTN). The patent covers a system for obtaining real-time readings on speed and distance from the data stream created by laser radars. The system was invented by Joe Marron, Ph.D., an optical engineer at Raytheon.
|06/19/18||Raytheon wins U.S. Army National Training Center Mission Support contract|
|ORLANDO, Fla., June 19, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a cost-plus-incentive-fee contract totaling $161 million, which includes options, for mission support services. The work will be performed in Fort Irwin, California, with an estimated completion date of June 29, 2023. The U.S. Army Contracting Command, Orlando, Florida, is the contracting organization.
"We look forward to providing mission critical support to brigade combat... |
|06/13/18||Raytheon, Safran developing next-gen Forward-Looking Infrared sights for combat vehicles|
|New technologies will allow soldiers to see first, shoot first
PARIS, June 13, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Safran, a French electronics and defense firm, have signed a memorandum of understanding to collaborate on the next generation of combat vehicle sighting systems.
Raytheon will combine its electro-optical technology with Safran's inertial measurement unit technology to engineer, manufacture and deliver the latest Forward-... |
|06/12/18||US Army awards Raytheon $130 million for TOW missiles|
|Weapon system provides overmatch advantage for ground troops
PARIS, June 12, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $129.9 million U.S. Army contract for continued production of the tube-launched, optically-tracked, wireless-guided TOW® weapon system. The award is a modification to Raytheon's existing $320 million production contract.
The TOW weapon system—with the multi-mission TOW 2A , TOW 2B and TOW Bunker Buster missiles—is a l... |
|06/01/18||US Navy selects Naval Strike Missile as new, over-the-horizon weapon|
|Raytheon, Kongsberg will partner to deliver advanced missile
TUCSON, Ariz., June 1, 2018 /PRNewswire/ -- The U.S. Navy has selected the Naval Strike Missile, offered by Raytheon Company (NYSE: RTN) and Kongsberg Gruppen, to meet its over-the-horizon requirement for littoral combat ships and future frigates.
Raytheon will manufacture and deliver over-the-horizon weapon systems under a $14.8 million contract for offensive missiles loaded into launching me... |
|05/31/18||Raytheon Company declares quarterly cash dividend|
WALTHAM, Mass., May 31, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.8675 per outstanding share of common stock. The cash dividend is payable on Aug. 2, 2018, to shareholders of record as of the close of business on July 11, 2018. About Raytheon
Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil governme... |
|05/31/18||DELETED: Raytheon to expand radar manufacturing in Mississippi|
|New facility will integrate and test cutting-edge military systems
This story has been deleted by the news provider.... |
|05/31/18||Raytheon to expand radar manufacturing in Mississippi|
|New facility will integrate and test cutting-edge military systems
FOREST, Miss., May 31, 2018 /PRNewswire/ -- Raytheon Company [NYSE: RTN] is expanding the footprint of its Forest-based manufacturing center, company and state officials announced today. A new building on the campus will be a hub for test, integration and production of s-band radars – including the U.S. Navy's next generation SPY-6, Air and Missile Defense Radar program.
"Construction of ... |
|05/29/18||Raytheon recognized as a leading cybersecurity company on Cybersecurity Ventures Top 500 list|
|Company's fourth-place ranking driven by global business expansion and thought leadership
DULLES, Va., May 29, 2018 /PRNewswire/ -- Raytheon (NYSE:RTN) was ranked number four on the Cybersecurity Ventures 2018 Cybersecurity 500 that ranks the "hottest and most innovative" cybersecurity companies. The list is comprised of both start-up and more established companies.
"We offer cybersecurity solutions to our global customers by integrating our defense ind... |
|05/28/18||Raytheon and Australia's Defence Science and Technology ink electronic warfare agreement|
|Lab will focus on advanced EW techniques
EL SEGUNDO, Calif., May 28, 2018 /PRNewswire/ -- Raytheon (NYSE: RTN) signed an interactive project agreement with Defence Science and Technology (DST) to work collaboratively to develop and prototype advanced electronic warfare capabilities for the Australian Defence Force's priorities and programs.
Australia's Chief Defence Scientist, Dr Alex Zelinsky, has welcomed the agreement saying it further strengthens th... |
|05/25/18||Raytheon awarded contract to produce Romania's new Patriot system|
|Raytheon "Will meet Romania's Fielding Schedule"
TEWKSBURY, Mass., May 25, 2018 /PRNewswire/ -- The U.S. Army has awarded Raytheon Company [NYSE: RTN] a $395.8 million contract for production of Romania's Patriot™ Air and Missile Defense System.
Announced by the Department of Defense on May 24, the contract calls for Raytheon to build Romania's first brand-new Patriot fire unit.
"We are using what we have learned in building 220 fire units and to meet... |
|05/24/18||Raytheon, No Barriers seek disabled veterans for transformational expedition|
|Apply by July 15, 2018, for October Grand Canyon rafting trek
TUCSON, Ariz., May 24, 2018 /PRNewswire/ -- Disabled veterans in Alabama, Arizona, New Mexico and Texas can now apply for the 2018 No Barriers Warriors Grand Canyon Veteran Wilderness Expedition funded by Raytheon Company (NYSE: RTN). In October, the non-profit No Barriers USA organization will once again lead a team of 14 disabled veterans on a nine-day journey of discoveries and challenges in the Grand Canyon. Disabled veterans... |
|05/14/18||Texas Teen Repeats to Become First 2x Winner of Raytheon MATHCOUNTS® National Competition|
|Texas team crowned top state Mathlete® squad
WASHINGTON, May 14, 2018 /PRNewswire/ -- For the first time in the competition's 35-year history, a teen Mathlete® won the Raytheon MATHCOUNTS National Championship for the second year in a row. Luke Robitaille, a 14-year-old homeschooled eighth grader from Euless, Texas, is the 2018 Raytheon MATHCOUNTS National Champion, following an intense, elite competition at the Renaissance Washington, D.C. Downtown Hotel.
|05/11/18||Raytheon breaks ground on Ontario International Airport hangar|
|Will house multi-program testbed aircraft
ONTARIO, Calif., May 11, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the Ontario International Airport Authority broke ground today on a hangar that will house Raytheon's flying testbed platform.
The RMT, a modified 727 airliner, conducts airborne test and evaluation on a variety of technologies, including radars, electro-optical/infra-red sensors, avionics and other systems.
"Tomorrow's sensor syste... |
|05/10/18||Raytheon dedicates new facilities at Missile Systems business|
|Increases capacity to build advanced systems of the future
TUCSON, Ariz., May 10, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) executives, along with federal, state and local officials, and local business leaders, dedicated new facilities at Raytheon Missile Systems. This is part of a large-scale expansion and modernization project to increase capacity and capability at Raytheon's Tucson operations. A ribbon-cutting ceremony took place in front of newly-built structures that will house... |
|05/03/18||Raytheon named key partner to develop America's first, most advanced drone-testing airspace corridor|
|NEW YORK, May 3, 2018 /PRNewswire/ -- The Northeast UAS Airspace Integration Research Alliance selected Raytheon (NYSE: RTN) as a key partner in the development of America's first and most advanced unmanned aircraft system-testing airspace corridor in New York state. Raytheon's Intelligence, Information and Services business will help plan, design, build and support the state's next-generation air traffic management system to safely test and manage drones.
|05/01/18||U.S. Air Force selects Raytheon's all digital radar warning receiver|
|World's first all-digital radar warning receiver on fast track delivery
EL SEGUNDO, Calif., May 1, 2018 /PRNewswire/ -- The U.S. Air Force awarded an Indefinite Delivery/Indefinite Quantity contract for Raytheon's (NYSE: RTN) AN/ALR-69A(V), the world's first all-digital radar warning receiver. The contract calls for the rapid procurement of 779 units or more for the USAF fleet of tactical air and large body aircraft.
The ALR-69A enhances aircrew survivab... |
|04/26/18||Raytheon Reports Strong First Quarter 2018 Results|
|- Net sales of $6.3 billion, up 4.5 percent
- EPS from continuing operations of $2.20, up 27.2 percent
- Operating cash flow from continuing operations of $283 million
- Increased annual dividend by 8.8 percent, as previously announced
- Increased full-year 2018 guidance for sales and EPS
WALTHAM, Mass., April 26, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the first quarter 2018 of $6.3 billion, up 4.5 percent compared to $6.0 billion in the ... |
|04/23/18||Raytheon, Virsec establish alliance to protect government and critical infrastructure from advanced cyberattacks|
|Agreement augments conventional cyber defenses with innovative commercial technology
DULLES, Va., April 23, 2018 /PRNewswire/ -- Raytheon Company (NYSE:RTN) announced an alliance with Virsec to bring commercial cybersecurity tools to global government and critical infrastructure customers. Combined with Raytheon's decades of cybersecurity defense expertise, Virsec's patented Trusted Execution™ technology protects networks by detecting deviations in software applications caused by cyber intr... |
|04/23/18||Institute of Internal Audit names Raytheon's Larry Harrington to American Hall of Distinguished Audit Practitioners|
|WALTHAM, Mass., April 23, 2018 /PRNewswire/ -- The Institute of Internal Auditors has inducted Raytheon vice president of Internal Audit Larry Harrington into the American Hall of Distinguished Audit Practitioners.
Established in 1941, IIA is an international association with 200,000 members providing leadership and professional development for the internal audit profession. Being inducted into the Hall is the highest honor given by The IIA's North American B... |
|04/19/18||Raytheon awarded $83 million mine neutralizer contract|
|TEWKSBURY, Mass., April 19, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an $83 million contract for the design, test and deployment of the Barracuda mine neutralization system.
The Barracuda mine neutralization system is an expendable, autonomous unmanned underwater vehicle intended to identify and neutralize bottom, near surface and drifting sea mines. It will field a shallow water capability and be an expendable modular neutralizer c... |
|04/19/18||Developmental testing completed on Small Diameter Bomb II|
|New weapon moves to operational testing prior to fielding
TUCSON, Ariz., April 19, 2018 Raytheon Company (NYSE: RTN) has completed developmental testing on the Small Diameter Bomb II, a key step toward bringing this new capability to fighter pilots. Government confidence testing, a prerequisite for operational testing, is scheduled to be completed this year. Raytheon has also begun work on the SDB II™ second production lot after completing deliv... |
|04/18/18||Raytheon builds small satellites for Department of Homeland Security|
|Polar Scout satellites to aid search and rescue in remote areas
COLORADO SPRINGS, Colo., April 18, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has built two small, Polar Scout satellites for the U.S. Department of Homeland Security in partnership with Millennium Engineering and Integration. The satellites have flexible radio frequency receivers to help search and rescue teams locate emergency beacons in remote areas, such as the Arctic.
Raytheon as... |
|04/17/18||Raytheon Company to release first quarter 2018 results on April 26, 2018|
|WALTHAM, Mass., April 17, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2018 earnings news release at 7 a.m. EDT Thursday, April 26, 2018. The release will be posted on Raytheon's website.
The first quarter 2018 earnings results conference call will be at 9 a.m. EDT Thursday, April 26, 2018. 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 websi... |
|04/17/18||F-35 gets precision target engagement with Raytheon JSOW missile|
|Navy's Precision Guided Standoff Weapon is being integrated on the F-35 C variant
TUCSON, Ariz., April 17, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy completed the final developmental test to integrate the Joint Standoff Weapon C onto the F-35 Joint Strike Fighter's C variant, keeping the low-cost, air-to-ground missile on track for full deployment in 2019.
The JSOW glide weapon uses a GPS-inertial navigation system with an imagi... |
|04/16/18||Media group FCW honors Raytheon executive Dave Wajsgras with top federal Information Technology industry award|
|Eagle Award recognizes best in class in business leadership, innovation and social responsibility
DULLES, Va., April 16, 2018 /PRNewswire/ -- Raytheon's (NYSE: RTN) Dave Wajsgras, president of Raytheon Intelligence, Information and Services, received FCW's Eagle Award, presented annually to two honorees: one from industry and one from government. A panel of judges made up of government and industry leaders selected Wajsgras from the federal IT community and FCW Fed100 award recipi... |
|04/15/18||University of Virginia wins 2018 National Collegiate Cyber Defense Championship by protecting against network attacks from industry professionals|
|ORLANDO, Fla., April 15, 2018 /PRNewswire/ -- University of Virginia prevailed over nine other finalist teams to win the 2018 National Collegiate Cyber Defense Competition. The championship was held in Orlando, Florida, from April 13-15 with the top 10 college and university teams from across the nation. University of Virginia earned the national title by successfully protecting a fictional biotech firm's network against an onslaught of persistent cyber attacks from top security experts posing a... |
|04/11/18||Raytheon contracted to demonstrate Army mobile intelligence platform|
|FoXTEN software product gives soldiers access to real-time intelligence data in the field
STERLING, Va., April 11, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a U.S. Army contract to demonstrate the company's commercially available mobile intelligence platform that will allow soldiers to quickly collect and access information on the battlefield.
This commercial laptop-based platform, called the FoXTEN, may be considered... |
|03/27/18||Raytheon Lower Tier Air & Missile Defense Sensor solution completes program review|
|Rapidly emerging threats require faster developed solutions for the U.S. Army
TEWKSBURY, Mass., March 27, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a program and technical review for the Lower Tier Air and Missile Defense Sensor, or LTAMDS, with the U.S. Army. Having led the development of advanced radar technologies for more than 50 years, Raytheon's solution is uniquely prepared to meet the rapid growing needs of today's soldiers.
|03/26/18||Raytheon developing technology to control drone swarms|
|Scores of unmanned vehicles could cooperate for complex missions
CAMBRIDGE, Mass., March 26, 2018 /PRNewswire/ -- Under DARPA's Offensive Swarm-Enabled Tactics program, Raytheon (NYSE:RTN) BBN Technologies is developing technology to direct and control swarms of small, autonomous air and ground vehicles. The technology includes:
a visual interface that allows "drag and drop" creation and manipulation of drone tactics
a game-based simulator to evaluate those tactics
a phys... |
|03/26/18||Protest over, Raytheon to begin work on $600m contract to sustain and modernize U.S. Army strategic software systems|
|Contract supports software upgrades to missile defense, radar and ISR systems
HUNTSVILLE, Ala., March 26, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is beginning work on a contract to sustain and modernize missile defense and other strategic systems operated by the U.S. Army, combatant commands and other government agencies.
The $600-million, three-year contract was first announced last June and a protest was withdrawn in February. Within the nex... |
|03/21/18||Raytheon Company increases dividend by 8.8 percent; 14th consecutive annual increase|
|WALTHAM, Mass., March 21, 2018 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has voted to increase the company's annual dividend payout rate by 8.8 percent, from $3.19 to $3.47 per share. The Board also authorized payment of a quarterly cash dividend of $0.8675 per outstanding share of common stock, to be paid on May 10, 2018, to shareholders of record as of the close of business on April 11, 2018. Payment of quarterly dividends is subject to Board authorization.
|03/20/18||Raytheon in final phase of GPS OCX software build|
|Program ready for 2018 GPS III launch, on-orbit testing
AURORA, Colo., March 20, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) GPS Next-Generation Operational Control System, known as GPS OCX, is in its final software development phase. This phase focuses on increasing automation and building controls for both L1C, a civilian GPS signal aimed at increasing international access, and M-code, a military GPS signal with better anti-jam capability.
|03/20/18||High-power microwaves and lasers defeat multiple drones during US Army exercise|
|Raytheon technology fills in gaps in long-range fires and short-range air defense
FORT SILL, Okla., March 20, 2018 /PRNewswire/ -- Forty-five unmanned aerial vehicles and drones fell out of the sky during a U.S. Army exercise after Raytheon's (NYSE: RTN) advanced high-power microwave and laser dune buggy engaged and destroyed them. These common threats were knocked down during a Maneuver Fires Integrated Experiment at the U.S. Army Fires Center of Excellence.
|03/13/18||Adriane M. Brown elected to Raytheon board of directors|
|WALTHAM, Mass., March 13, 2018 /PRNewswire/ -- The board of directors of Raytheon Company (NYSE: RTN) has elected Adriane M. Brown as a director, effective immediately.
Brown, 59, has held positions of increasing responsibility over the course of her distinguished 34-year career, leading aerospace, automotive, electronics and technology companies.
"Adriane is an accomplished executive who brings a wealth of business and technology expertise to our board,"... |
|03/06/18||Raytheon to enhance FAA's air traffic control system to improve safety and efficiency|
|Standard Terminal Automation Replacement System ready for NextGen Air Traffic Control
DULLES, Va., March 6, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $73 million FAA contract modification to perform Technical Refresh 1 of the Standard Terminal Automation Replacement System. This update will enable future Terminal NextGen air traffic control tools to be incorporated into STARS and further enhance the safety and efficiency of the National Airspace System. ... |
|03/05/18||Eight U.S. Allies watch newest Patriot upgrade in live fire test|
|Investment by 14 Patriot partner nations make new technology upgrades possible
WHITE SANDS MISSILE RANGE, N.M., March 5, 2018 /PRNewswire/ -- Delegations from eight countries watched a live fire test of the newest suite of upgrades to Raytheon's (NYSE: RTN) Patriot™ Air and Missile Defense System. U.S. Army soldiers conducted the test using Post Deployment Build 8, or PDB-8, to fire two Patriot interceptor missiles against two tactical ballistic missile targets.
|03/02/18||Raytheon, NOAA win Aviation Week Laureate award for unmanned hurricane tracker|
|WASHINGTON, March 2, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the National Oceanic and Atmospheric Administration received Aviation Week magazine's prestigious Laureate award for using the Raytheon Coyote® unmanned aerial vehicle to provide near-real-time, potentially life-saving data during hurricanes.
Developed for the military, Coyote is a small, expendable UAV that's air- or ground-launched into environments too dangerous for manned aircraft.... |
|02/21/18||Global study reveals cybersecurity professionals believe a catastrophic data breach to their organization is inevitable|
|Survey findings come after unanimous intelligence community warning about growing cyber threat
WALTHAM, Mass., Feb. 21, 2018 /PRNewswire/ -- A new global cybersecurity study commissioned by Raytheon (NYSE: RTN), in partnership with Ponemon Institute, reveals a majority of senior-level IT professionals fully expect their organization will experience a catastrophic data breach that could greatly impact shareholder value. The 2018 Global Megatrends in Cybersecurity survey of 1,100 senior-level... |
|02/20/18||Raytheon overhauling Royal Canadian Navy Phalanx Close-In Weapon System|
|$330 (CAD) million contract will help protect ships and sailors for years to come
CALGARY, Alberta, Feb. 20, 2018 /PRNewswire/ -- Raytheon Canada Limited is overhauling and providing in-service support for the Phalanx Close-In Weapon Systems operated by the Royal Canadian Navy.
Raytheon (NYSE: RTN) produces Phalanx, a rapid-fire, computer-controlled radar and 20mm gun system that automatically acquires, tracks and destroys enemy threats that have pe... |
|02/06/18||Raytheon names Kelsey DeBriyn vice president, Investor Relations|
|WALTHAM, Mass., Feb. 6, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has named Kelsey DeBriyn vice president, Investor Relations. In her new role, DeBriyn will oversee the company's engagements with the investor community, interacting with analysts and institutional investors about Raytheon's key franchise programs, business objectives, prospects, performance and outlook. DeBriyn reports to Raytheon Senior Vice President and Chief Financial Officer Toby O'Brien.
|01/31/18||U.S., Patriot partners to invest up to $2.3 billion over 5 years in Patriot™ Integrated Air and Missile Defense System|
|Raytheon's Patriot helps 14 nations outpace evolving threats
TEWKSBURY, Mass., Jan. 31, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is enhancing the Patriot Air and Missile Defense System under a $235 million modernization task order from the U.S. Army.
Announced by the Department of Defense on Jan 30, the system upgrades will be funded by the 14 nations that rely on Patriot for integrated air and missile defense. This is the first of five annual, ... |
|01/30/18||Raytheon executives to speak at Cowen and Company 39th Annual Aerospace/Defense & Industrials Conference on Feb. 8|
|WALTHAM, Mass., Jan. 30, 2018 /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 39th Annual Aerospace/Defense & Industrials Conference on Thursday, Feb. 8, 2018.
Their presentation is scheduled to start at 9:15 a.m. EST, and their remarks will be audiocast live (listen-only mode) through the Raytheon website, http://www... |
|01/25/18||Raytheon Reports Strong Fourth Quarter and Full-Year 2017 Results|
|- Strong bookings of $8.5 billion in the quarter and $27.7 billion for the year; book-to-bill ratio of 1.26 in the quarter and 1.09 for the year
- Fourth quarter net sales of $6.8 billion, up 8.0 percent; full-year net sales of $25.3 billion, up 5.1 percent for the year
- Strong operating cash flow from continuing operations of $1.6 billion in the quarter and $2.7 billion for the year, after a $1.0 billion pretax discretionary pension plan contribution in the fourth quarter, which was not ... |
|01/16/18||Raytheon Company to release 2017 fourth quarter and full-year results on January 25, 2018|
|WALTHAM, Mass., Jan. 16, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its release 2017 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 25, 2018. The release will be posted on Raytheon's website.
The 2017 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 25, 2018. 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 webs... |
|01/15/18||Missile Defense Agency selects Raytheon for Ballistic Missile Defense System testing, modeling and simulation work|
|TEWKSBURY, Mass., Jan. 15, 2018 /PRNewswire/ -- On Friday, January 12, Raytheon (NYSE:RTN) was awarded an indefinite-delivery/indefinite-quantity contract with a stated maximum value of $641,758,000. Under this contract, the contractor will perform ballistic missile defense system (BMDS) test related activities for multiple radar platforms that includes planning, executing, and analyzing sensor performance in BMDS flight tests and ground tests for each test event defined in the BMDS integrated m... |
|01/09/18||Raytheon awarded contract worth more than $1.5 billion for additional Patriot™ integrated air and missile defense capability|
|Undisclosed nation deepens investment in Patriot
ANDOVER, Mass., Jan. 9, 2018 /PRNewswire/ -- An undisclosed member of the 14-nation group that own the combat-proven Patriot Integrated Air and Missile Defense System has awarded Raytheon Company (NYSE: RTN) a direct commercial sales contract worth more than $1.5 billion for additional capability. The contract was awarded on Jan 4, 2018.
Raytheon Company, with 2016 sales of $24 billion an... |