|08/15/17||Raytheon's Air & Missile Defense Radar stacks up second ballistic missile test success|
|Complex target proves no match for AN/SPY-6(V)
TEWKSBURY, Mass., Aug. 15, 2017 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) AN/SPY-6(V) Air and Missile Defense Radar successfully searched for, acquired and tracked a ballistic missile test target during its second live-target flight test at the U.S. Navy's Pacific Missile Range Facility, Kauai, Hawaii.
This test event featured a more complex, threat-representative ballistic missile target tha... |
|08/14/17||Robert O. Work elected to Raytheon Board of Directors|
|WALTHAM, Mass., Aug. 14, 2017 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected Robert O. Work as a director, effective immediately. Work, 64, was appointed the 31st Deputy Secretary of Defense by President Barack Obama in 2014, a position he held through July 2017.
"Bob is well known in both the public and private sectors for his significant expertise in global security matters, most especially in the areas of defense strat... |
|08/01/17||Raytheon's 2theXtreme: MathAlive! exhibition comes to the Emerald Coast Science Center|
|Interactive display brings math to life
FORT WALTON BEACH, Fla., Aug. 1, 2017 /PRNewswire/ -- MathAlive!®, a highly interactive traveling exhibition that has drawn record-breaking crowds, opens Aug. 5 at the Emerald Coast Science Center as part of a 2017 tour to multiple military family communities across the U.S. Presented nationally by Raytheon Company (NYSE: RTN), MathAlive! helps kids have fun with math by showing them its connection to — and influence on — many of the things they love ... |
|07/30/17||Kurt Amend named Chief Executive of Raytheon Arabia|
|Leadership to focus on development and implementation of new strategic partnership with Saudi Arabia military industries
RIYADH, Kingdom of Saudi Arabia, July 30, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced Kurt Amend will serve as Chief Executive of the Raytheon Arabia business unit. In his new role, Amend will drive business strategy and execution of defense-related projects and technology development in the Kingdom of Saudi Arabia.
|07/28/17||Ralph Acaba appointed Vice President Program Management Excellence|
|Edward Miyashiro retires after 43-year Raytheon career
WALTHAM, Mass., July 28, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced that Edward Miyashiro, vice president of the Raytheon Company Evaluation Team, is retiring after a 43-year career with the company. Succeeding him is Ralph Acaba, who has been elected a company officer and named vice president, Raytheon Program Management Excellence. Acaba most recently served as vice president of Integrated Air and Missile Defens... |
|07/27/17||Raytheon Reports Strong Second Quarter 2017 Results|
|-- Bookings of $6.5 billion; backlog of $36.2 billion
-- Net sales of $6.3 billion, up 4.2 percent
-- EPS from continuing operations of $1.89
-- Operating cash flow from continuing operations of $782 million
-- Increased full-year 2017 guidance for sales and EPS
WALTHAM, Mass., July 27, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the second quarter 2017 of $6.3 billion, up 4.2 percent compared to $6.0 billion in the second quarter 2016. Second... |
|07/25/17||Raytheon enhances cyber threat hunting with CyberSponse automation tools|
|New capability unveiled at Black Hat cybersecurity conference
LAS VEGAS, July 25, 2017 /PRNewswire/ -- Raytheon Company will integrate the CyberSponse security platform to automate threat detection and response for its managed services customers. This technology collaboration combines CyberSponse's automated incident response and security orchestration capabilities with Raytheon's innovative Virtual-Security Operations Center, or V-SOC services, to reduce attacker dwell time in enterprises ... |
|07/18/17||U.S. Navy fires first Tomahawk cruise missiles from new submarine payload tubes|
|Upgrades to Virginia-class, fast attack subs will greatly enhance their firepower
TUCSON, Ariz., July 18, 2017 /PRNewswire/ -- For the first time, the U.S. Navy test fired two Raytheon (NYSE: RTN)-built Tomahawk cruise missiles from new submarine payload tubes on the Virginia-class USS North Dakota (SSN-784). The tests, in the Gulf of Mexico near Florida, proved the submarine's ability to load, carry and vertically launch Tomahawk missiles from the new Block III Virginia Payload Tube. The u... |
|07/18/17||Raytheon forecasting system updated for Atlantic hurricane season|
|Enhancements make tropical storm tracking faster, better
SILVER SPRING, Md., July 18, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered updates to its Advanced Weather Interactive Processing System for the current 2017 Atlantic hurricane season, providing meteorologists faster, more accurate forecasting of tropical storms and hurricanes. The improvements include graphical inundation maps that show growing storm surge heights, and improved collaboration capabilities between forecas... |
|07/18/17||Raytheon Company to release second quarter 2017 results on July 27, 2017|
|WALTHAM, Mass., July 18, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its second quarter 2017 earnings news release at 7 a.m. EDT Thursday, July 27, 2017. The release will be posted on Raytheon's website.
The second quarter 2017 earnings results conference call will be at 9 a.m. EDT Thursday, July 27, 2017. 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.
|06/26/17||Raytheon to provide first large scale deployment of foreign language translation software|
|Battlefield speech-to-speech and text-to-text translation for soldiers
CAMBRIDGE, Mass., June 26, 2017 /PRNewswire/ -- Raytheon BBN Technologies has been awarded $4 million to provide automatic speech recognition, machine translation, text-to-speech, and optical character recognition software licenses for one year to the Army's Machine Foreign Language Translation System Program Office. This is the first large scale fielding of the system.
With Machine Foreign Language Translation Syste... |
|06/26/17||First-ever helicopter-based firing of High Energy Laser|
|Raytheon and U.S. Army Apache Program Management Office demonstrate feasibility of ground attack
MCKINNEY, Texas, June 26, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Army Apache Program Management Office, in collaboration with U.S. Special Operations Command, recently completed a successful flight test of a high energy laser system onboard an Apache AH-64 at White Sands Missile Range, New Mexico. The demonstration marks the first time that a fully int... |
|06/22/17||Raytheon named leader in NelsonHall 2017 Global Learning Business Process Services evaluation|
|DALLAS, June 22, 2017 /PRNewswire/ -- Raytheon Professional Services has been named as a leader for Business Process Services in the learning market in the 2017 NelsonHall Vendor Evaluation and Assessment Tool, known as NEAT. This is the fourth year in a row that Raytheon has been rated in the leader quadrant among learning BPS companies.
Global research firm NelsonHall uses the NEAT tool to support strategic and BPS managers with their buying decisions... |
|06/21/17||Raytheon named most community-minded company in U.S. industrials sector|
|The Civic 50 provides a national standard for superior corporate citizenship
WALTHAM, Mass., June 21, 2017 /PRNewswire/ -- Points of Light, the world's largest organization dedicated to volunteer service, has named Raytheon the most community-minded company in the U.S. Industrials Sector. The non-profit Points of Light, founded in 1990, listed Raytheon (NYSE: RTN) among its annual Civic 50 ranking of U.S. community-minded companies for its corporate citizenship.
Raytheon's community init... |
|06/21/17||Global demand sparks Standard Missile-2 production restart|
|Four international customers pool funds for $650 million bundle buy
TUCSON, Ariz., June 21, 2017 /PRNewswire/ -- Due to global demand, Raytheon Company (NYSE: RTN) has restarted its Standard Missile-2 production line to meet the needs of four international customers who aligned requirements and pooled resources to make a 'bundle' purchase through foreign military sales.
The Netherlands, Japan, Australia and South Korea are purchasing SM-2 under this new... |
|06/21/17||Raytheon, Kongsberg to offer Naval Strike Missile for US Navy over-the-horizon requirement|
|Ready-now NSM meets or exceeds all mission imperatives
PARIS, June 21, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Kongsberg Gruppen will offer the Naval Strike Missile to meet the U.S. Navy's over-the-horizon requirement for its littoral combat ships and future frigates. The team will meet the U.S. Navy's June 23 proposal deadline.
NSM is a long-range, precision missile that provides superior strike capability against heavily defended land and sea targets... |
|06/20/17||Raytheon continues mission support at NASA's Neutral Buoyancy Laboratory|
|Contract for up to $154 million critical to human spaceflight
HOUSTON, June 20, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a contract valued up to $154 million over seven years to continue support at NASA's Neutral Buoyancy Laboratory. The NBL is a massive 6.2 million gallon instrumented pool at NASA Johnson Space Center where astronauts learn to work in space and train on a submerged full-sized mockup of the International Space Station.
|06/20/17||Newest SM-6 interceptor aces final land-based test, moves to at-sea testing|
|WHITE SANDS MISSILE RANGE, N.M., June 20, 2017 /PRNewswire/ -- During its final land-based test, Raytheon's advanced Standard Missile-6 Block IA engaged and destroyed a subsonic target from the USS Desert Ship, a test site in southern New Mexico. The SM-6 Block IA will now enter the at-sea testing phase, bringing it closer to low-rate initial production later this year.
The SM-6 Block IA is an emerging change to SM-6 BLK 1, with improvements to the guidance section. These enhancements allow ... |
|06/19/17||Raytheon unveils compact Multi-Spectral Targeting System™|
|Small turret delivers big capabilities
PARIS-LE BOURGET, France, June 19, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is developing a smaller, lightweight version of its Multi-Spectral Targeting System™. The Compact MTS, a 12 inch turret weighing less than 60 pounds, is designed for exportability and will deliver best in class electro-optical and infrared sensing performance.
MTS sensors provide detailed intelligence data from the visual and infrar... |
|06/19/17||Raytheon fighter radars surpass one million flight hours|
|Company leads industry in tactical AESA deliveries, platform integration and operational hours
MCKINNEY, Texas, June 19, 2017 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) family of Active Electronically Scanned Array radars for fighter jets has surpassed more than 1 million operational flight hours with two U.S. services and four international customers. Raytheon, the first company to produce AESA radars for tactical aircraft, delivered its 1,000th production unit in M... |
|06/19/17||U.S. Department of Homeland Security re-awards DOMino cybersecurity contract to Raytheon|
|Company to begin protecting government networks against advanced cyber threats
DULLES, Va., June 19, 2017 /PRNewswire/ -- On June 9, 2017, the U.S. Department of Homeland Security re-awarded the Development, Operations and Maintenance contract, known as DOMino, to Raytheon Company (NYSE: RTN).
The IDIQ contract has a value of up to $1 billion over five years. Raytheon, a global leader in cybersecurity and defense, will be the prime contractor and systems integrator to... |
|06/19/17||Small Diameter Bomb II completes high-speed wind tunnel testing|
|Milestone moves weapon one step closer to F-35 integration
FORT WORTH, Texas, June 19, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force completed a series of rigorous, high-speed wind tunnel tests for Small Diameter Bomb II™, moving the weapon one step closer to integration on the Joint Strike Fighter. SDB II can destroy moving targets in all weather conditions at ranges greater than 40 miles.
SDB II's one-of-a-kind tri-mode seeker can use millimeter wave radar, u... |
|06/19/17||Raytheon launches new Cyber Protection System with scalable response centers|
|PARIS, June 19, 2017 /PRNewswire/ -- Today at the Paris Air Show, Raytheon Company (NYSE: RTN) unveiled its new Cyber Protection System with scalable Cyber Response Centers for global defense, intelligence and commercial customers. The tiered CRCs – Primary, Enterprise and National – are pre-configured and provide intrusion detection, network analysis and incident response to proactively address cyber threats. The CRCs can also be customized with optional capabilities, including insider threat d... |
|06/12/17||U.S. Army awards Raytheon $116.4 million contract for Long-Range Precision Fires technology maturation and risk reduction|
|TUCSON, Ariz., June 12, 2017 /PRNewswire/ -- The U.S. Army awarded Raytheon Company (NYSE: RTN) a $116.4 million contract to enter the technological maturation and risk reduction phase of the Long-Range Precision Fires program.
LRPF is a new, longer-range surface-to-surface weapon that can defeat fixed land targets out to 499 kilometers which replaces the existing Army Tactical Missile System. Raytheon's LRPF solution, named DeepStrike:
fires two missiles from a single weapons pod
|06/08/17||Raytheon releases 2016 Corporate Responsibility Report|
|WALTHAM, Mass., June 8, 2017 /PRNewswire/ -- Raytheon Company released its (NYSE: RTN) 2016 Corporate Responsibility Report, which details the company's efforts to address environmental impact, create stimulating career opportunities, and support the communities in which we live and work.
Highlights of the 2016 Corporate Responsibility Report include:
Sustainability – In 2016, Raytheon set 14 new sustainability goals for the company to achieve by 2020. Thi... |
|06/08/17||Raytheon awarded up to $600 million to sustain and modernize U.S. Army strategic software systems|
|HUNTSVILLE, Ala., June 8, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a contract valued up to $600 million for software support and sustainment to modernize missile defense and other strategic systems. The work will be conducted at the Software Engineering Directorate, U.S. Army Aviation and Missile Research, Development and Engineering Center at Redstone Arsenal.
"Raytheon brings our software engineering expertise in automation, analytics and cyber to support the U.S... |
|06/05/17||Raytheon Honors 33 Suppliers for Excellent Performance|
|Awards support strategic sourcing and customer success
WALTHAM, Mass., June 5, 2017 /PRNewswire/ -- Raytheon (NYSE: RTN) has recognized 33 suppliers for their excellent performance supporting programs across Raytheon.
"As we continue to evolve and advance relationships with our suppliers, it is critical that we recognize those partners whose commitment and customer focus is lock step with our own," said David Wilkins, Vice President of Contracts and Supply Chain for Raytheon. "The Supp... |
|06/01/17||Stinger missiles with proximity fuzes destroy UAVs in first-ever test|
|Upgrade allows better defense against small, agile threats
EGLIN AIR FORCE BASE, Fla., June 1, 2017 /PRNewswire/ -- During a recent Army test, a pair of Raytheon Company (NYSE: RTN) Stinger anti-air missiles equipped with new proximity fuzes intercepted two small unmanned airborne systems—an MQM-170C Outlaw and an unidentified smaller system—for the first time. Proximity fuzes allow missiles to destroy targets by making contact or by detonating in close range.
The Stinger weapon system ... |
|05/30/17||Raytheon kill vehicle succeeds in first intercept of intercontinental ballistic missile|
|Test keeps program on track for 44th delivery in 2017
VANDENBERG AIR FORCE BASE, Calif., May 30, 2017 /PRNewswire/ -- A Raytheon Company (NYSE: RTN) upgraded Exoatmospheric Kill Vehicle, or EKV, a kinetic-force weapon that slams into its targets, destroyed an intercontinental ballistic missile for the first time during a Missile Defense Agency test of the Ground-based Midcourse Defense system.
It was the tenth intercept for the GMD program, which is designed to protect the U.S. against ... |
|05/25/17||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., May 25, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.7975 per outstanding share of common stock. The cash dividend is payable on Aug. 3, 2017, to shareholders of record as of the close of business on July 5, 2017.
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and... |
|05/24/17||Raytheon completes modernization of the Nation's busiest Air Traffic Control facility ahead of schedule|
|DULLES, Va., May 24, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has completed the modernization of the United States' busiest terminal air traffic control facility six months ahead of schedule. Under the Terminal Automation Modernization and Replacement program, known as TAMR, Raytheon replaced the software and hardware and more than 100 automation systems with the Standard Terminal Automation Replacement System to support the increased demand for air traffic control services in the New Y... |
|05/23/17||U.S. Navy awards Raytheon $28 million for Variable Depth Sonar|
|Innovative anti-submarine technology designed for Littoral Combat Ships
TEWKSBURY, Mass., May 23, 2017 /PRNewswire/ -- The U.S. Navy has selected Raytheon Company (NYSE: RTN) to provide the new Variable Depth Sonar for the Littoral Combat Ship class. The $27.9 million contract followed a study and product assessment phase during which Raytheon proved the solution's features and capabilities met all of the Navy's design and performance requirements. A mission-critical anti-submarine warfare ... |
|05/23/17||New Raytheon radar showcases reliability, 360-degree capability|
|Gallium nitride-based AESA radar breaks 1,000 hour mark
PELHAM, N.H., May 23, 2017 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) newest integrated air and missile defense radar has been busy since its debut at the 2016 Winter AUSA tradeshow. The gallium nitride-powered Active Electronically Scanned Array proposed upgrade to the Patriot™ Air and Missile Defense has surpassed more than 1,000 hours of operation in just over a year, which is half the time of a typical testing program.
|05/22/17||Raytheon launches new payload to improve GPS accuracy for safer, more efficient air travel|
|DULLES, Va., May 22, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) launched its GEO 6 satellite payload into orbit for its 12 year mission. It is the latest payload to support the Federal Aviation Administration's Wide Area Augmentation System which enhances the reliability and accuracy of Global Positioning System signals for directing air travel.
The Raytheon-developed payload is a key element of the WAAS System, which offers commercial, business, and general aviation pilots more direc... |
|05/20/17||Raytheon and Saudi Arabia Military Industries announce strategic partnership|
|New Raytheon Arabia business unit to be established
RIYADH, Saudi Arabia, May 20, 2017 /PRNewswire/ -- In a ceremony witnessed by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and U.S. President Donald J. Trump, Raytheon Company (NYSE: RTN) and the Saudi Arabia Military Industries Company today signed a Memorandum of Understanding to cooperate on defense-related projects and technology development.
The agreement will enable continued global growth for Raytheon... |
|05/15/17||Luke Robitaille named 2017 Raytheon MATHCOUNTS National Champion|
|Texas team crowned top state Mathlete® squad for second year
ORLANDO, Fla., May 15, 2017 /PRNewswire/ -- Luke Robitaille, a home-schooled 13-year-old 7th grader from Euless, Texas is the 2017 Raytheon MATHCOUNTS® National Champion, following an intense, elite competition at the Hilton Orlando Lake Buena Vista, Florida.
Luke Robitaille won the final round of the 2017 Raytheon MATHCOUNTS National Competition by answering the question: "In a barn, 100 chic... |
|05/11/17||Raytheon selected to develop 3DELRR, new expeditionary radar for U.S. Air Force|
|TEWKSBURY, Mass., May 11, 2017 /PRNewswire/ -- Raytheon Co. - Integrated Defense Systems, Woburn, Massachusetts, has been awarded a $52,686,179 fixed-price-incentive-firm engineering and manufacturing development (EMD) contract for Three-Dimensional Expeditionary Long-Range Radar (3DELRR) System. Contractor will provide EMD of three 3DELRR production representative units. Work will be performed at Andover, Massachusetts, and is expected to be complete by Nov. 30, 2020. This award is the result o... |
|05/11/17||Think faster: advantages of quantum processing shown in head-to-head race|
|Scientists show a clear advantage to a prototype quantum processor over a classical processor in solving a machine learning algorithm
CAMBRIDGE, Mass., May 11, 2017 /PRNewswire/ -- A prototype quantum processor repeatedly beat a traditional, classical processor in a race to solve a puzzle, figuring out a secret combination up to 100 times faster by using exotic physics to sort through data that was deliberately packed with errors.
The experiment, detailed in a new academic paper by scien... |
|05/03/17||Raytheon begins AN/SPY-6(V) radar production|
|US Navy awards $327 million for first three ship sets
TEWKSBURY, Mass., May 3, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is being awarded a $327,146,998 Fixed Price Incentive (firm target) modification to previously awarded contract N00024-14-C-5315 to exercise options for Air and Missile Defense Radar Program (AMDR) Low Rate Initial Production.
"Progressing to production is the result of a lot of hard work and dedication from our AMDR team of experts across Raytheon, the Navy, a... |
|05/02/17||Patriot saves lives by downing more than 100 ballistic missiles in combat|
|Raytheon-made Guidance Enhanced Missile interceptor instrumental to recent engagements
TEWSKBURY, Mass., May 2, 2017 /PRNewswire/ -- Since Jan. 1, 2015, Raytheon's [NYSE: RTN] Patriot™ integrated air and missile defense system has shot down more than 100 tactical ballistic missiles in combat operations around the world. More than 90 of those intercepts involved the low cost Raytheon-made Guidance Enhanced Missile family of interceptors.
Patriot employs m... |
|04/27/17||Standard Missile-6 passes rigorous graduation tests|
|Program moves one step closer to final operational capability
PACIFIC MISSILE FIRING RANGE, Hawaii, April 27, 2017 /PRNewswire/ -- After a complex series of U.S. Navy flight tests, Standard Missile-6 proves it's ready to reach its final stage of the acquisition process: full operational capability. Reaching FOC is a kind of graduation exercise that signifies the weapon's sea worthiness—no more testing required.
SM-6, produced by Raytheon Company (NYSE: RTN), is the only missile in the w... |
|04/27/17||Raytheon Reports Solid First Quarter 2017 Results|
|- Bookings of $5.7 billion; backlog of $36.1 billion, up 5.5 percent
- Net sales of $6.0 billion, up 3.4 percent
- EPS from continuing operations of $1.73, up 21.0 percent
- As previously announced, increased annual dividend by 8.9 percent to $3.19 per share
- Updated full-year 2017 guidance
WALTHAM, Mass., April 27, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced net sales for the first quarter 2017 of $6.0 billion, up 3.4 percent compared to $5.8 billion in t... |
|04/26/17||Raytheon awarded $375 million initial contract to upgrade U.S. Air Force Air and Space Operations Centers|
|'Modernization through Sustainment' to improve air and space command and control
HAMPTON, Va., April 26, 2017 /PRNewswire/ -- The U.S. Air Force Materiel Command has awarded Raytheon Company (NYSE: RTN) a contract with an initial value of up to $375 million over six years to sustain and modernize the Air and Space Operations Center Weapon System, or AOC WS. Under the contract, Raytheon will update the existing AOC WS baseline software and develop and deploy new software upgrades to improve ... |
|04/26/17||US Navy's Enterprise Air Surveillance Radar completes major design review, on track for development|
|TEWKSBURY, Mass., April 26, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy conducted the Preliminary Design Review for the new Enterprise Air Surveillance Radar, confirming system development is on track for delivery to the designated ship classes. The PDR followed several EASR milestones completed as planned on the development schedule, including the combined Systems Requirements and System Functional Reviews, and the Integrated Baseline Review.
EASR is the U.S. Navy's ... |
|04/24/17||Raytheon completes new $5 million warehouse at Diné facility near Farmington|
|State, Tribal and company leaders gather for grand opening
FARMINGTON, N.M., April 24, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) formally opened a new $5 million, 30,000 square foot warehouse at its Diné facility on the Navajo Nation. Workers will use the new warehouse to build and store parts for the world's largest missile manufacturer. The expansion provides dozens of new jobs on the Navajo Nation.
The warehouse is part of a larger 95,000 squ... |
|04/19/17||Next-generation GPS launch system testing moves from Raytheon factory to customer site|
|AURORA, Colo., April 19, 2017 /PRNewswire/ -- The testing of the Launch and Checkout System for the Global Positioning System Next-Generation Operational Control System, known as GPS OCX, scored high with a pass rate of 97.7 percent and is now transitioning from the Raytheon (NYSE: RTN) factory to Schriever Air Force Base.
The LCS, which performs early orbit checkout, will next go through complete site-specific qualification and acceptance testing, including qualification and verification o... |
|04/18/17||Raytheon Company to release first quarter 2017 results on April 27, 2017|
|WALTHAM, Mass., April 18, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2017 earnings news release at 7 a.m. EDT Thursday, April 27, 2017. The release will be posted on Raytheon's website.
The first quarter 2017 earnings results conference call will be at 9 a.m. EDT Thursday, April 27, 2017. 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.... |
|04/15/17||University of Maryland, Baltimore County wins 2017 National Collegiate Cyber Defense Championship|
|SAN ANTONIO, April 15, 2017 /PRNewswire/ -- University of Maryland, Baltimore County defeated nine other finalist teams to win the 2017 National Collegiate Cyber Defense Competition to become National Champions. The championship was held in San Antonio, Texas, April 13-15, with the top 10 college and university teams from across the nation facing off to protect a network against constant cyber attacks.
More than 230 colleges and universities participated in ... |
|04/12/17||Raytheon speeds delivery and secures satellite weather data|
|Upgrade to Common Ground System supports upcoming Joint Polar Satellite System-1 launch
AURORA, Colo., April 12, 2017 /PRNewswire/ -- Raytheon (NYSE: RTN) has completed an upgrade and final testing of the data transport and processing system for the Joint Polar Satellite System Common Ground System which provides weather and environmental data used by NASA, NOAA, the U.S. Department of Defense and the agencies' international partners.
The upgrade accelerates data processing and dissemi... |
|04/06/17||World's most capable X-band ballistic missile defense radar upgrades to gallium nitride technology|
|U.S. Missile Defense Agency taps Raytheon for AN/TPY-2 GaN upgrade
TEWKSBURY, Mass., April 6, 2017 /PRNewswire/ -- Ballistic missiles will soon be easier to detect and defeat. The U.S. Missile Defense Agency has awarded Raytheon Company (NYSE: RTN) a $10 million contract modification to continue the development of hardware and software that will add gallium nitride, or GaN semiconductor technology to the AN/TPY-2 ballistic missile defense radar.
GaN inc... |
|04/04/17||New electric gun for Phalanx® Close-In Weapon System passes first test|
|Upgrade allows firing at varying rates, efficient use of ammunition
YUMA PROVING GROUND, Ariz., April 4, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully tested a new electric gun for the Phalanx® Close-In Weapon System. The upgrade allows soldiers and sailors to fire at varying rates, which uses less ammunition.
Phalanx is a rapid-fire, computer-controlled radar and 20 mm gun system that automatically acquires, tracks and destroys enemy threats that have penetrated all ot... |
|03/31/17||Raytheon's Air & Missile Defense Radar successfully executes first ballistic missile test|
|TEWKSBURY, Mass., March 31, 2017 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) AN/SPY-6(V) Air and Missile Defense Radar searched for, acquired and tracked a ballistic missile test target during the radar's first dedicated Ballistic Missile Defense exercise at the U.S. Navy's Pacific Missile Range Facility (PMRF), Kauai, Hawaii. This result followed a series of successes for AN/SPY-6, including the tracking of integrated air and missile defense targets of opportunity, satellites and aircraft.
|03/29/17||Raytheon Company increases dividend by 8.9 percent; 13th consecutive annual increase|
|WALTHAM, Mass., March 29, 2017 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has voted to increase the company's annual dividend payout rate by 8.9 percent, from $2.93 to $3.19 per share. The Board also authorized payment of a quarterly cash dividend of $0.7975 per outstanding share of common stock, to be paid on May 11, 2017, to shareholders of record as of the close of business on April 12, 2017. Payment of quarterly dividends is subject to Board authorization.
|03/27/17||Applications now open for 2017 Raytheon No Barriers expedition for wounded veterans|
|May 1, 2017, application deadline for August wilderness trek
TUCSON, Ariz., March 27, 2017 /PRNewswire/ -- Wounded veterans in Arizona, Southern California, New Mexico and Texas can now apply for the 2017 No Barriers Warriors Veteran Wilderness Expedition funded by Raytheon Company (NYSE: RTN). In mid-August, the non-profit No Barriers Warriors organization will lead a team of 12 wounded veterans on a nine-day journey full of discoveries and challenges in Wyoming's Wind River Wilderness are... |
|03/14/17||Raytheon developing next generation, cross domain communication and engagement network for U.S. Navy|
|TEWKSBURY, Mass., March 14, 2017 /PRNewswire/ -- The U.S. Office of Naval Research recently awarded Raytheon Company [NYSE: RTN] an $11.8 million contract to develop networking technologies enabling greater sensor interconnectivity and enhancing integrated fires capabilities for Naval operations.
Communications and Interoperability for Integrated Fires, or CIIF, will advance situational awareness for force-wide integrated air and missile defense. New and existing ships, planes, UAVs and expe... |
|03/09/17||Raytheon sponsors nation's largest cybersecurity competition|
|2017 National Collegiate Cyber Defense Competition kicks off
DULLES, Va., March 9, 2017 /PRNewswire/ -- College students from more than 220 schools across the country will showcase their defensive cyber skills during the 2017 National Collegiate Cyber Defense Competition. Beginning with 10 regional contests in March and April, the teams will compete to show who can best protect a computer network against real-world cyber-attacks.
In addition to being th... |
|03/07/17||New tech best practices drive progress on next-gen GPS OCX control system|
|Groundbreaking 'DevOps' development approach speeds progress on improved GPS
AURORA, Colo., March 7, 2017 /PRNewswire/ -- Raytheon's (NYSE: RTN) use of technology development best practices and its completion of a systems engineering milestone are driving progress on the U.S. Air Force Global Positioning System Next-Generation Operational Control System, known as GPS OCX. This new system will provide improved performance and security for the GPS technology used by millions of users worldwid... |
|02/28/17||Raytheon, US Air Force upgrade MALD-J with anti-jam capabilities|
|Delivering improved performance at lower cost
TUCSON, Ariz., Feb. 28, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force validated performance of an upgraded navigation system for the Miniature Air Launched Decoy-Jammer (MALD-J) in six flight tests from B-52 and F-16 aircraft at White Sands Missile Range, N.M.
The system upgrade, designated as GAINS II (GPS Aided Inertial Navigation System), includes an enhanced multi-element GPS controlled antenna assembly. This ne... |
|02/27/17||Raytheon Wins $128 million advanced mobile sensors program|
|Company to operate and maintain forward-deployed radars
DULLES, Va., Feb. 27, 2017 /PRNewswire/ -- The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a four year indefinite-delivery/indefinite-quantity contract known as "Mobile Sensors" valued up to $128 million. Raytheon will operate and maintain the Cobra King radar aboard the United States Naval Ship Howard O. Lorenzen (TAGM-25) and the Gray Star radar aboard the USNS Invincible (TAGM-24).
"Raytheon is sustaining and modernizing... |
|02/27/17||Raytheon demonstrates first ever geolocation capability for radar warning receiver|
|Single-ship geolocation enhances aircrew survivability
EL SEGUNDO, Calif., Feb. 27, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) demonstrated, in a recent flight test, single-ship geolocation capability for the ALR-69A(V), a first for any radar warning receiver.
The AN/ALR-69A(V) — the world's first all-digital radar warning receiver — enhances aircrew survivability, providing "sensors forward" situational awareness at lower costs than competing systems through simple software modi... |
|02/24/17||Raytheon awarded contract to provide the State of Qatar with Early Warning Radar System|
|TEWKSBURY, Mass., Feb. 24, 2017 /PRNewswire/ -- Raytheon Co., Woburn, Massachusetts, has been awarded a $1,066,297,129 fixed-price, incentive-firm letter contract for a Qatar early warning radar system. Contractor will provide an early warning radar system that will be integrated into the Qatar integrated air and missile defense enterprise. Work will be performed at Woburn, Massachusetts, and is expected to be complete by June 30, 2021. This contract is 100 percent foreign military sales. This a... |
|02/16/17||Raytheon developing first of its kind automated assessment system for 21st century wargame scenarios|
|Program determines best response against battlespace threats
DULLES, Va., Feb. 16, 2017 /PRNewswire/ -- The U.S. Missile Defense Agency has awarded Raytheon Company (NYSE: RTN) a contract to develop an automated tool that assesses the effectiveness of using missiles and interceptors (kinetic) and cyber and electronic warfare (non-kinetic) weapons in wargames. The system automatically teaches participants which weapons to use in every possible scenario, ultimately better preparing warfighter... |
|02/13/17||U.S., allies invest $202 million in Patriot Integrated Air and Missile Defense System|
|New investment will sustain highly skilled U.S. jobs
TEWKSBURY, Mass., Feb. 13, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has begun work on enhancements to the combat-proven Patriot Air and Missile Defense System that will make the system more capable, and improve Patriot's already high readiness.
The U.S. Army Contracting Command issued the contract, which was funded by the 13 nations that rely on Patriot for their defense. It was announced b... |
|02/08/17||Raytheon, Utilidata to deliver defense-grade cybersecurity for utilities|
|Alliance formed to enhance power grid security and incident response
DULLES, Va., Feb. 8, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Utilidata have formed a strategic alliance to help power utilities proactively detect, defend against and respond to cyber threats.
The effort will combine Utilidata's experience in the use of real-time data from the electrical grid to detect and respond to cyber attacks and Raytheon's expertise in pr... |
|02/04/17||Next-gen Standard Missile-3 completes first intercept test|
|U.S. demonstrates enhanced capabilities of larger, more advanced missile defense interceptor
PACIFIC MISSILE RANGE FACILITY, Hawaii, Feb. 4, 2017 /PRNewswire/ -- The U.S. Navy and Missile Defense Agency (MDA) have completed the first successful intercept flight test of a Raytheon Company (NYSE: RTN) Standard Missile-3 (SM-3) Block IIA, a defensive weapon designed to defeat short- to intermediate-range ballistic missile threats.
Crew members onboard the USS John Paul Jones (DDG-53) launc... |
|01/31/17||Raytheon, USAF developing new signal processor for AMRAAM|
|Refresh helps ensure modern air-to-air missile production into the next decade
TUCSON, Ariz., Jan. 31, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force are developing a new signal processor for the Advanced Medium Range Air-to-Air Missile under the Form Fit Function Refresh program, or F3R. The refresh will help ensure AMRAAM production well into the 2020s.
The new program comes as the government and industry team completes production of the 20,000th AMRAAM. Wi... |
|01/30/17||Raytheon executives to speak at Cowen and Company 38th Annual Aerospace/Defense & Industrials Conference on Feb. 8|
|WALTHAM, Mass., Jan. 30, 2017 /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 38th Annual Aerospace/Defense & Industrials Conference on Wednesday, Feb. 8, 2017.
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://ww... |
|01/26/17||Raytheon Reports Strong Fourth Quarter and Full-Year 2016 Results|
|- Strong bookings of $7.6 billion in the quarter and a record $27.8 billion for the year; book-to-bill ratio of 1.21 in the quarter and 1.16 for the year
- Fourth quarter net sales of $6.2 billion; full-year net sales of $24.1 billion, up 3.5 percent for the year
- Fourth quarter EPS from continuing operations of $1.84; full-year EPS from continuing operations of $7.44
- Strong operating cash flow from continuing operations of $1.1 billion in the quarter and $2.9 billion for the year, i... |
|01/25/17||Raytheon/Leonardo team withdraws from T-X competition|
|MCKINNEY, Texas, Jan. 25, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Leonardo have decided not to jointly pursue the U.S. Air Force Advanced Pilot Training program, known as T-X. The companies released the following statement:
"In February 2016, Raytheon and Leonardo announced their intent to team on the T-X pursuit. While we remain confident that the T-100 is a strong solution, our companies were unable to reach a business agreement that is in the best interest of the U.S. Air For... |
|01/25/17||Raytheon completes factory acceptance testing of flight operations system for NASA's James Webb Space Telescope|
|Milestone clears path for delivery of ground controls for planned 2018 launch
AURORA, Colo., Jan. 25, 2017 /PRNewswire/ -- Raytheon (NYSE: RTN) completed factory acceptance testing of the flight operations system for the James Webb Space Telescope. With seven times the light-collecting power of its predecessor, the Hubble Space Telescope, this next-generation telescope will gather data and images of dust clouds, stars and galaxies deeper into space.
Over 800 requirements were successfu... |
|01/23/17||U. S. Navy awards Raytheon $235 million for Standard Missile-6 production|
|Latest contract ushers in fourth year of full-rate production
TUCSON, Ariz., Jan. 23, 2017 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company $235 million for Standard Missile-6 all-up round production missiles and spares.
Raytheon will begin delivery in 2018. The missiles will be deployed on Aegis cruisers and destroyers to support U.S. Navy fleet operations. The award funds the fourth year of full-rate production for the multi-mission missile, which recently accomplished significa... |
|01/23/17||Raytheon and Center for Cyber Safety and Education expand cybersecurity scholarships for women|
|Encouraging women to pursue cybersecurity degrees
DULLES, Va., Jan. 23, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the Center for Cyber Safety and Education™ will offer six new scholarships this year to encourage women to pursue cybersecurity degrees.
"Recent global surveys show young women see fewer opportunities in cyber careers than young men do," said Dave Wajsgras, president of Raytheon's Intelligence, Information and Services business. "If we can create a clear path to ... |
|01/18/17||James A. "Sandy" Winnefeld, Jr. elected to Raytheon Board of Directors|
|WALTHAM, Mass., Jan. 18, 2017 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected James A. "Sandy" Winnefeld Jr. as a director, effective immediately.
Winnefeld, 60, is a retired United States Navy admiral who served as the ninth Vice Chairman of the Joint Chiefs of Staff. He previously served as Commander, U.S. Northern Command (USNORTHCOM) and Commander, North American Aerospace Defense Command (NORAD). Winnefeld's operational commands include serving as Comma... |
|01/17/17||Raytheon completes factory qualification testing of next-generation GPS Launch and Checkout System|
|System closer to delivering capabilities that will enhance GPS
AURORA, Colo., Jan. 17, 2017 /PRNewswire/ -- Raytheon (NYSE: RTN) reached another milestone in developing the U.S. Air Force Global Positioning System Next-Generation Operational Control System, known as GPS OCX, with the completion of the Factory Qualification Test of the Launch and Checkout System (LCS). GPS OCX will unleash dramatically increased performance and security of the GPS system that benefits millions of people worl... |
|01/17/17||Raytheon Company to release 2016 fourth quarter and full-year results on Jan. 26, 2017|
|WALTHAM, Mass., Jan. 17, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its 2016 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 26, 2017. The release will be posted on Raytheon's website.
The 2016 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 26, 2017. 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... |
|01/11/17||US Navy, Raytheon generate Tomahawk missile flight plans in real time to strike time-sensitive targets|
|Back-to-back flight tests demonstrate flexible, mission-critical planning
SAN NICOLAS ISLAND, Calif., Jan. 11, 2017 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) completed two flight tests of the Tomahawk Block IV cruise missile, demonstrating how missions can now be planned in real time to strike time-sensitive targets.
"Tomahawk's tactics and procedures have evolved to support the new missions that are being assigned to the weapon," s... |
|01/10/17||Standard Missile-6 approved for international sales|
|Multi-role missile protects against airborne, ballistic threats
TUCSON, Ariz., Jan. 10, 2017 /PRNewswire/ -- The U.S. Department of Defense has approved the release of Raytheon Company's (NYSE: RTN) Standard Missile-6 to several international customers. Many of the approved countries are seeking the multi-mission SM-6 to bolster their shipbuilding programs.
SM-6 currently provides U.S. Navy vessels with extended-range protection against fixed- and rota... |