|06/02/15||Raytheon awarded second phase of DTRA Philippines maritime border security contract|
|DULLES, Va., June 2, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) secured the competitively-awarded second increment of the Defense Threat Reduction Agency (DTRA) maritime border security contract for the Republic of the Philippines. Under the $25 million contract, Raytheon will deliver sensing, command and control, and communications systems along with the training and sustainment services necessary to operationalize maritime border security capabilities.
Specific work planned under th... |
|06/02/15||Raytheon awarded $149 million for Standard Missile-6s|
|US Navy wants to rapidly increase quantities
TUCSON, Ariz., June 2, 2015 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) an additional $149 million for 74 Standard Missile-6 all up rounds, spares, containers and services. When combined with the nearly $110 million long-lead material purchase made in March 2015, the total full-rate production contract for Fiscal Year 2015-2016 is $259 million. Future contract modifications include options which, if exercised, would bring... |
|05/29/15||US Navy achieves initial operating capability on Rolling Airframe Missile Block 2|
|Enhanced missile flies farther, turns harder and counters complex targets
TUCSON, Ariz., May 29, 2015 /PRNewswire/ -- The U.S. Navy has achieved initial operational capability (IOC) with the Rolling Airframe Missile Block 2 produced by Raytheon Company (NYSE: RTN). RAM Block 2 is a significant performance upgrade that features enhanced kinematics, an evolved radio frequency receiver, and an improved control system.
"RAM Block 2 provides the accuracy and lethality our sailors need to com... |
|05/29/15||Raytheon Anschutz expands U.S. operations|
|Establishes Raytheon Anschuetz USA LLC in San Diego
SAN DIEGO, May 29, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announces the launch of its new subsidiary, Raytheon Anschuetz USA LLC, located in San Diego, Calif.
Raytheon Anschuetz USA LLC reinforces customer care and support for Raytheon Anschütz navigation systems in the United States for commercial ship owners and shipyards as well as government entities, including the Coast Guard, Military Sealift Command, Navy, and Army.
|05/29/15||Raytheon announces completion of commercial cybersecurity joint venture transaction with Vista Equity Partners|
|Raytheon|Websense to provide broad set of defense-grade solutions to rapidly-growing, global commercial cybersecurity markets
WALTHAM, Mass., May 29, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Vista Equity Partners have completed a joint venture transaction creating a new company that combines Websense, a Vista Equity portfolio company, and Raytheon Cyber Products, a product line of Raytheon's Intelligence, Information and Services business. The newly-formed commercial cybersecur... |
|05/28/15||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., May 28, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.67 per outstanding share of common stock. The cash dividend is payable on Aug. 6, 2015, to shareholders of record as of the close of business on July 1, 2015.
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil governme... |
|05/27/15||Raytheon expands Student Veterans of America partnership with $5 million commitment|
|Multiyear effort will support veterans pursuing higher education nationwide and abroad
WALTHAM, Mass., May 27, 2015 /PRNewswire/ -- Raytheon (NYSE: RTN) today announced a new $5 million, multiyear commitment to Student Veterans of America (SVA) to help military veterans succeed in higher education and beyond.
The expanded partnership — providing resources, support, and advocacy — is part of Raytheon's $10 million commitment to military veterans, personnel and families. With a new genera... |
|05/26/15||Raytheon's SureView cybersecurity product named Best Malware Analysis Solution of the Year by Cyber Defense Magazine|
|DULLES, Va., May 26, 2015 /PRNewswire/ -- When compared to other cybersecurity products by independent information security experts, Raytheon's SureView® Memory Integrity was named Best Malware Analysis Solution for 2015 at this year's Cyber Defense Magazine Awards. The Memory Integrity solution is part of Raytheon Cyber Products' recently announced SureView portfolio of cybersecurity products.
"We are thrilled to recognize next-generation innovation in the information security marketplace an... |
|05/19/15||Raytheon joins Student Veterans of America to award scholarships to U.S. Army veterans|
|Student veterans receive $10,000 to help transition to civilian success
TEWKSBURY, Mass., May 19, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with Student Veterans of America (SVA), today awarded two $10,000 scholarships to student veterans under a new educational program honoring those who serve in the U.S. Army.
The Raytheon Patriot Scholarship, named for the company's Patriot Air and Missile Defense System, is designed to help returning soldiers achieve education... |
|05/18/15||Small Diameter Bomb II program achieves Milestone C clearing the way for production|
|WASHINGTON, May 18, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force successfully completed the Small Diameter Bomb II (SDB II) Milestone C decision briefing, paving the way for the program to enter low rate initial production.
Unlike standard bombs, SDB II employs Raytheon's revolutionary tri-mode seeker that operates in three different modes:
uncooled imaging infrared
SDB II can strike targets from a range o... |
|05/18/15||Raytheon-designed Coastal Watch Center opens in Philippines|
|Border control expertise enhances national security
DULLES, Va., May 18, 2015 /PRNewswire/ -- A new National Coast Watch Center (NCWC) for maritime security opened recently in the Republic of the Philippines. The center is a major milestone in the support provided by the U.S. Defense Threat Reduction Agency to the Philippines Maritime Agencies. Raytheon Company (NYSE: RTN) designed, implemented, and equipped the center and its coastal system using the company's integrated border security so... |
|05/18/15||Raytheon secures European training outsource contract with Honda Motor Europe Limited|
|RUESSELSHEIM, Germany, May 18, 2015 /PRNewswire/ -- Raytheon Professional Services GmbH (RPS), a subsidiary of Raytheon Company (NYSE: RTN), has signed a long-term contract with Honda Motor Europe Limited for the outsourcing of all development of their Pan-European dealer training, as well as domestic training delivery operations in the UK and Germany.
As part of the contract, RPS will manage Pan-European curriculum content development, product launch training and Learning Management System a... |
|05/15/15||Raytheon Company Appoints Kevin DaSilva Vice President, Treasury|
|WALTHAM, Mass., May 15, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of Kevin G. DaSilva as Vice President, Treasury, effective May 18, 2015 and subject to election by the Board of Directors at its next meeting. DaSilva, 51, will report to Toby O'Brien, Chief Financial Officer for Raytheon. He succeeds Richard Goglia, who retired from Raytheon on March 31, 2015.
DaSilva has more than 25 years of experience serving in a... |
|05/15/15||Raytheon awards $300,000 in MathMovesU middle school scholarships and grants|
|150 middle school students nationwide receive scholarships; schools receive matching grant for math education initiatives
WALTHAM, Mass., May 15, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) awarded $300,000 in scholarships and grants to middle school students and their schools as part of its MathMovesU® program, an initiative designed to engage middle school students in math and science. Each of the 150 middle school students from across the United States will receive a $1,000 MathMov... |
|05/14/15||Raytheon Delivers First GPS OCX Hardware Shipment to Air Force|
|Team achieves important milestone toward delivery of next-generation ground system
AURORA, Colo., May 14, 2015 /PRNewswire/ -- Raytheon (NYSE: RTN) has delivered the first operational hardware for the Global Positioning System's Next Generation Operational Control System, known as GPS OCX, completing a key milestone in the program. GPS OCX is the ground command and control system that will manage GPS satellites with significantly improved accuracy and precision, while providing unprecedente... |
|05/12/15||Air & Missile Defense Radar sails through Critical Design Review|
|Milestone declares AN/SPY-6(V) on track to meet all performance targets
TEWKSBURY, Mass., May 12, 2015 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) have completed the AN/SPY-6(V) Air and Missile Defense Radar (AMDR) critical design review. The outcome confirms Raytheon's design and technologies as mature, producible and low risk; on track to meet all radar performance requirements, on schedule and within cost.
The CDR assessed all technical aspects of the program, fro... |
|05/08/15||Kevin Liu Named 2015 Raytheon MATHCOUNTS National Champion|
|Indiana team captures honor as top state squad
BOSTON, May 8, 2015 /PRNewswire/ -- Kevin Liu, a 14-year-old eighth grader from Carmel Middle School in Carmel, Indiana, has earned the title of 2015 Raytheon MATHCOUNTS® National Champion after an intense, elite competition at the Sheraton Boston Hotel. This is the seventh year Raytheon (NYSE: RTN) has served as the event's title sponsor, as part of a decade-long commitment to MATHCOUNTS and a larger effort to promote education in science, tec... |
|05/07/15||Raytheon to transform U.S. aviation weather data|
|FAA contracts with Raytheon for system to enhance weather information, aid travelers
TEWKSBURY, Mass., May 7, 2015 /PRNewswire/ -- The Federal Aviation Administration (FAA) awarded Raytheon Company (NYSE: RTN) a $77M contract to build weather processing technology and display infrastructure for use throughout the National Airspace System (NAS). The NextGen Weather Processor (NWP) program will generate accurate, timely, and improved weather information for the benefit of all U.S. travelers.
|05/06/15||Nation's middle school math masters meet in Raytheon MATHCOUNTS National Competition|
|224 students head to Boston for prestigious event's final round
WALTHAM, Mass., May 6, 2015 /PRNewswire/ -- Two hundred twenty four of the brightest middle school math students in the United States are headed to Boston for the 2015 Raytheon MATHCOUNTS National Competition – an intense, elite math meet that culminates in a high-speed, game-show-style final round. This is the seventh year that Raytheon (NYSE: RTN) has served as the main sponsor – all part of a decade-long commitment to MATHCO... |
|05/06/15||Raytheon's SM-6 moves from low-rate to full-rate production|
|Milestone clears path for larger quantities, lower costs
TUCSON, Ariz., May 6, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Standard Missile-6 program has moved from low-rate to full-rate production, clearing the path for significantly increased production numbers and focus on further cost-reduction opportunities.
SM-6 is a surface-to-air supersonic missile capable of successfully engaging manned and unmanned aerial vehicles and fixed- and rotary-wing aircraft. It also defends aga... |
|05/06/15||Raytheon Surveillance Technologies, Analytics Proven Aboard Navy Stiletto Experimental Vessel|
|Two proven capabilities were combined to serve new mission at sea
DULLES, Va., May 6, 2015 /PRNewswire/ -- The U.S. Navy's experimental vessel, Stiletto, was underway during a recent successful test of a Raytheon (NYSE: RTN) advanced intelligence solution during operations at Joint Expeditionary Base Little Creek-Fort Story, Va.
The combined technology was created by combining two, proven Raytheon (NYSE: RTN) technologies: the Persistent Surveillance System Cross Domain Solution (PSS CDS... |
|05/06/15||Excalibur Ib fired from M109A2/A3 howitzer in first-time test|
|Precision round now compatible with worldwide artillery platforms
YUMA PROVING GROUND, Ariz., May 6, 2015 /PRNewswire/ -- The U.S. Army and Raytheon Company (NYSE: RTN) successfully fired two Excalibur Ib projectiles from a M109A2/A3 howitzer during recent tests. Using the M185 cannon and M119A2 propelling charge with Excalibur for the first time, both rounds guided precisely to their targets more than 20 kilometers away.
The M109A2/A3 is an early variant of the M109-series howitzer oper... |
|05/05/15||Raytheon Delivers Next-Gen Forecasting Tools to National Weather Service|
|Advanced data visualization and analysis tools delivered ahead of schedule
SILVER SPRING, Md., May 5, 2015 /PRNewswire/ -- When severe weather strikes, forecasters at the National Oceanic and Atmospheric Administration's National Weather Service (NOAA/NWS) need advanced tools they can rely on to make the decisions that protect property and safeguard lives. Raytheon Company's (NYSE:RTN) Advanced Weather Interactive Processing System II (AWIPS II), a forecasting analysis and display toolkit, ... |
|05/04/15||Raytheon awarded $559 million for SM-3 Block IB|
|TUCSON, Ariz., May 4, 2015 /PRNewswire/ -- The Missile Defense Agency awarded Raytheon Company (NYSE: RTN) an undefinitized contract action for a fiscal year 2015 contract valued at $559,206,957 million for Standard Missile-3 Block IBs, which are guided missiles used by the U.S. Navy to provide regional defense against short- to intermediate-range ballistic missile threats.
Under this contract action, which was announced April 30 by the Department of Defense, Raytheon will deliver an initial... |
|04/29/15||Raytheon receives $20 million DARPA contract to continue hypersonic missile development|
|TUCSON, Ariz., April 29, 2015 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) has awarded Raytheon Company (NYSE: RTN) a $20,489,714 million contract modification for the Tactical Boost Glide program. Under the TBG program, Raytheon intends to develop and demonstrate the technology to enable air-launched hypersonic boost glide systems. A majority of the work will be performed in Tucson.
"Hypersonics is the new frontier of missile design and development," said Tom Bussing... |
|04/26/15||University of Central Florida wins 2015 National Collegiate Cyber Defense Competition|
|Competition presented in partnership with Raytheon recognized the very best future cyber security talent
SAN ANTONIO, April 26, 2015 /PRNewswire/ -- University of Central Florida (UCF) beat out nine other finalist teams to win the 2015 National Collegiate Cyber Defense Competition (NCCDC), presented in partnership with Raytheon Company (NYSE: RTN). This is the second year in a row UCF has won the competition. Held April 24-26 in San Antonio, Texas, the competition challenged top college and... |
|04/24/15||Germany's Jenoptik and Raytheon partner to produce new generators for global Patriot|
|Raytheon continues 30-year partnership with German industry
TEWKSBURY, Mass., April 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is partnering with the Jenoptik subsidiary Lechmotoren, a part of the Jenoptik Defense & Civil Systems division, to produce advanced power generators for the Patriot Air and Missile Defense system. Under terms of this new contract, Jenoptik will build power plants, power generators, test equipment and spares for one of Patriot's global partners. Rayt... |
|04/23/15||Raytheon Reports Solid First Quarter 2015 Results|
|- EPS from continuing operations of $1.78; Adjusted EPS(1) of $1.26
- Reported operating margin of 15.9 percent; Adjusted Operating Margin(1) of 11.5 percent
- Net sales of $5.3 billion
- As previously announced, increased annual dividend by 10.7 percent to $2.68 per share
- Raised guidance to reflect the previously announced eBorders settlement
WALTHAM, Mass., April 23, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced first quarter 2015 EPS from continuing operations... |
|04/21/15||Raytheon Unveils SureView® Cybersecurity Product Portfolio for Enterprises Worldwide|
|Defense-grade solutions deliver end-to-end visibility and context to detect, contain and control cyber threats
DULLES, Va., April 21, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced a new suite of solutions that can change the way companies address cybersecurity by helping enterprises operate effectively in the face of sophisticated cyber threats. The SureView® product suite uniquely combines human and machine learning to prevent insider threats, reduce the amount of time ... |
|04/21/15||New satellite payload ensures safe and efficient air travel|
|Raytheon awarded $103 million FAA contract to provide enhanced GPS air navigation
TEWKSBURY, Mass., April 21, 2015 /PRNewswire/ -- Thanks to a newly awarded $103 million Federal Aviation Administration contract, Raytheon Company (NYSE: RTN) will field the newest element in a space-based system which makes air travel safer and more efficient for millions of travelers.
The Raytheon-supplied system will be a key feature of the FAA's Wide Area Augmentation System (WAAS) which improves the av... |
|04/21/15||/C O R R E C T I O N -- Raytheon Company/|
|In the news release, Raytheon Unveils SureView® Cybersecurity Product Portfolio for Enterprises Worldwide, issued April 21, 2015 by Raytheon Company over PR Newswire, we are advised by the company that paragraph below the bullet points should read, "Raytheon Cyber Products and Enterprise Strategy Group recently collaborated on a report that discusses the current cybersecurity landscape" followed by a hyperlink to view the report at http://www.raytheoncyber.com/news/feature/esg_trans-entsec.html,... |
|04/20/15||Raytheon and Vista Equity Partners enter agreement to form new cybersecurity company|
|- Joint venture combines Raytheon Cyber Products with Websense
- Raytheon will invest $1.57 billion in net cash for majority ownership of the new company; Vista will also invest into the new company
- New company will provide broad set of defense-grade solutions to the rapidly-growing, global commercial cybersecurity markets
WALTHAM, Mass., April 20, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has entered into a definitive agreement with Vista Equity Partners to form a new compa... |
|04/17/15||Raytheon awarded more than $2 billion for an International Patriot Air and Missile Defense System|
|TEWKSBURY, Mass., April 17, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today it has been awarded a contract worth over $2.0 billion to deliver the combat-proven Patriot Air and Missile Defense System to an undisclosed international customer.
The contract, awarded on April 2, 2015 and booked in the second quarter as a direct commercial sale, includes fully digitized new-production Patriot fire units with the latest technology for improved threat detection, identification and ... |
|04/15/15||Raytheon's newest JSOW variant enters operational testing|
|Integrated testing complete; scheduled for delivery in 2016
TUCSON, Ariz., April 15, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy successfully completed the final free flight in the integrated testing phase for the Joint Standoff Weapon C-1.
During the development test, JSOW C-1 demonstrated its effectiveness against moving maritime targets, a crucial capability against current and future surface warfare threats. The weapon is on track to start operational testing... |
|04/14/15||US Air Force completes operational testing on Raytheon's MALD-J|
|Jammer nears full rate production
TUCSON, Ariz., April 14, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force successfully completed operational tests of Miniature Air Launched Decoy-Jammer (MALD-J), satisfying all requirements to attain Initial Operational Capability.
"MALD-J's unique capabilities have been proven in 42 successful flight tests during the last two years and brought us closer to full rate production," said Mike Jarrett, vice president of Raytheon's ... |
|04/14/15||Raytheon Company to release first quarter 2015 results on April 23, 2015|
|WALTHAM, Mass., April 14, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2015 earnings news release at 7 a.m. EDT Thursday, April 23, 2015. The release will be posted on Raytheon's website.
The first quarter 2015 earnings results conference call will be at 9 a.m. EDT Thursday, April 23, 2015. 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.... |
|04/14/15||Raytheon to test new multi-mode seeker for Tomahawk cruise missile|
|Flight test is key milestone on Tomahawk modernization path
TUCSON, Ariz., April 14, 2015 /PRNewswire/ -- Using company-funded independent research and development investment, Raytheon Company (NYSE: RTN) is preparing for a multi-mode seeker test designed for a Tomahawk Block IV cruise missile. The captive flight test, using a modified Tomahawk Block IV missile nose cone, will be designed to demonstrate the processor's ability to broadcast active radar as well as passively receive target el... |
|04/13/15||Superstars of selflessness|
|In kitchens and in cyberspace, Raytheon employees volunteer for veterans, STEM students
WALTHAM, Mass., April 13, 2015 /PRNewswire/ -- The formerly homeless veterans of Victory Apartments in Omaha, Nebraska, weren't getting out much – and that was a problem. The staff knew bringing them together might help them adjust to their new lives, but few were inclined to come out into the common areas. They needed a reason.
All it took, it turns out, was a box of Hamburger Helper, some ground t... |
|04/13/15||A Full Year of Milestones for Raytheon's Air & Missile Defense Radar|
|The evolution of a revolutionary radar
TEWKSBURY, Mass., April 13, 2015 /PRNewswire/ -- In its first year, Raytheon Company (NYSE: RTN) has met all critical milestones in the development of the U.S. Navy's AN/SPY-6(V) integrated Air and Missile Defense Radar (AMDR).
Since work officially began in January 2014, the Engineering and Manufacturing Development (EMD) phase of the program – now 35 percent complete - has advanced in design, risk reduction and maturity, placing it on track for de... |
|04/09/15||Latest AMRAAM variant achieves key program milestones|
|AIM-120D completes operational testing and achieves initial operating capability
TUCSON, Ariz., April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) recently completed two milestones for the newest Advanced Medium Range Air-to-Air Missile (AMRAAM®), the AIM-120D. The U.S. Air Force successfully completed testing and fielded the AIM-120D. The U.S. Navy achieved initial operational capability (IOC) on the weapon.
"AMRAAM is the most capable air-to-air weapon ever produce... |
|04/09/15||Small Diameter Bomb II completes System Verification Review|
|Milestone validates weapon's production readiness
TUCSON, Ariz., April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force completed three successful Small Diameter Bomb II (SDB II) program reviews prior to a mid-May Milestone C decision.
During March and April, the SDB II team successfully completed a functional configuration audit, a production readiness review and a system verification review (SVR). A successful Milestone C brief and decision c... |
|04/09/15||Raytheon Honors Supplier Commitment to Customer Success|
|Suppliers From Around the Globe Recognized for Exceptional Performance
WALTHAM, Mass., April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) recognized 15 suppliers for their exceptional performance at the inaugural Supplier Excellence Conference in Boston, Mass., March 31. The award winning suppliers distinguished themselves through superior performance on several specific key customer-focused metrics including affordability, technical capability, business management, and partnership.
|04/09/15||Raytheon, Kongsberg team on Naval Strike Missile|
|Agreement is next step in developing OASuW solutions
WASHINGTON, April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Kongsberg have formed a teaming agreement for the Naval Strike Missile (NSM). The pact represents a second step in the companies' efforts to offer world-class Offensive Anti-Surface Warfare (OASuW) solutions to the many governments interested in this warfare mission. Raytheon and Kongsberg formed a similar agreement last year to develop the Joint S... |
|04/08/15||Raytheon completes Mississippi factory expansion to meet expected demand for defense technologies|
|Forest facility to ramp up production of advanced warfare systems for U.S. forces
FOREST, Miss., April 8, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a 20,000-square foot addition to its factory in Forest, already one of the biggest in the state. The extra room will allow the company to support anticipated growth in airborne radar and electronic warfare systems.
"Raytheon has been part of this community's fiber for more than three decades," Fred Darlington, a vice preside... |
|04/06/15||Raytheon partners with Boys & Girls Clubs of America to benefit children of military families|
|$5 million multi-year partnership will provide math and science education at BGCA-affiliated youth centers on military installations
WALTHAM, Mass., April 6, 2015 /PRNewswire/ -- A new $5 million multi-year commitment from Raytheon (NYSE: RTN) to Boys & Girls Clubs of America (BGCA) will provide enhanced technology centers and support for after-school science, technology, engineering and math (STEM) programming to children of military families.
Working in partnership, Raytheon and ... |
|04/02/15||$212 million contract ensures continuous improvement to Patriot air and missile defense system|
|13 partner nations invest to help Patriot outpace evolving threats
TEWKSBURY, Mass., April 2, 2015 /PRNewswire/ -- The U.S Army awarded a $212 million contract to Raytheon (NYSE: RTN) to continue improvements to the combat-proven Patriot Air and Missile Defense System. The improvements, which will enhance Patriot's capability and readiness, are funded by the US and the 12 other Patriot partner nations through a shared engineering services agreement.
"The U.S. and other Patriot partner ... |
|04/02/15||Raytheon's LRAS3's sensor-to-missile capability gives warfighters remote, safe options|
|Improved connectivity provides speed, accuracy
MCKINNEY, Texas, April 2, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) pushed battlefield situational awareness to a new, safer level by integrating existing sensor-to-missile technologies during a recent exercise at Camp Blanding, Fla.
Raytheon Missile Systems engineers successfully connected two dismounted, remotely operated sensors to a soldier's laptop and hand controller, sending commands directly to a nearby Griffin missile launch... |
|04/01/15||Raytheon, DRS team for Army's 3rd Generation IFLIR B-Kit|
|Partnership offers low-risk schedule, plan for land combat systems
TUCSON, Ariz., April 1, 2015 /PRNewswire/ -- Building on their combined platform integration experience, Raytheon Company (NYSE: RTN) and DRS Technologies have entered into a teaming agreement for the U.S. Army's 3rd Generation Improved Forward Looking Infrared program (3rd Gen IFLIR) B-Kit
"Raytheon and DRS have teamed to provide an IFLIR solution that provides our military supremacy in reconnaissance, surveill... |
|04/01/15||Raytheon Awarded $700 million NORAD Contract|
|DULLES, Va., April 1, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $700 million indefinite-delivery/indefinite-quantity contract to support threat warnings and assessments for the North American Aerospace Defense Command Cheyenne Mountain Complex.
Raytheon will provide sustainment services and products supporting the Integrated Tactical Warning/Attack Assessment and other systems covered by the contract. The program provides NORAD authorities with accurate, timely and unamb... |
|03/31/15||Raytheon receives $109 million for SM-6, SM-2 parts|
|TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) $109,583,490 million to purchase the long-lead materials needed to meet Standard Missile-6 full-rate production requirements and Standard Missile-2 sustainment. This award was booked in the first quarter 2015.
SM-6 is a surface-to-air supersonic missile capable of successfully engaging manned and unmanned aerial vehicles and fixed- and rotary-wing aircraft. It also defends against land-attack and... |
|03/31/15||Raytheon awarded $528 million AMRAAM contract|
|Work will be completed in Tucson by early 2018
TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $528,797,459 fixed-price incentive, firm target contract modification for Advanced Medium Range Air-to-Air Missiles (AMRAAM). Raytheon will provide AMRAAM Lot 29 missiles and other AMRAAM system items. This contract involves foreign military sales.
Work will be performed in Tucson and is expected to be complete by January 2018. This award was booked in t... |
|03/31/15||US Air Force awards Raytheon $91.5 million for MALD-J|
|TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $91.5 million U.S. Air Force contract modification award for the Miniature Air Launched Decoy Jammer (MALD-J) missile. The contract modification is for Lot 8.
Work will be performed in Tucson and is expected to be complete by June 2017. This award was booked in the first quarter 2015.
About MALD and MALD-J
MALD® is a state-of-the-art, low-cost expendable flight vehicle that is modular, air-launched and... |
|03/31/15||Raytheon awarded $35 million Stinger contract for Republic of Korea delivery|
|Systems to go aboard Apache helicopters
TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) signed a $35 million contract to deliver Stinger® missiles and air-to-air launchers to the Republic of Korea Army in support of their recent procurement of AH-64 Apache helicopters.
Under the previously announced foreign military sale, Raytheon will begin deliveries of the Stinger weapon systems in 2017.
"Stinger provides vital self-protection capabilities as well as de... |
|03/30/15||Republic of Korea upgrades its Air and Missile Defense|
|Awards $770 million contract to Raytheon to upgrade Patriot system
SEOUL, South Korea, March 30, 2015 /PRNewswire/ -- Cities and key infrastructure in the Republic of Korea will soon be better protected against ballistic missiles, aircraft, and other airborne threats. The Republic of Korea awarded Raytheon Company (NYSE: RTN) a $769.4 million Direct Commercial Sale contract to upgrade an undisclosed quantity of Patriot Air and Missile Defense System batteries to the latest Patriot Missile ... |
|03/30/15||TOW 2A RF missiles successfully fired from helicopter|
|First launches of wireless-guided missiles from airborne platform
TUCSON, Ariz., March 30, 2015 /PRNewswire/ -- In the first of its kind launch, Raytheon Company (NYSE: RTN) fired tube-launched, optically-tracked, wireless-guided (TOW®) 2A radio frequency (RF) practice missiles from an AH-1W Cobra attack helicopter during a December exercise.
Raytheon, working with the Naval Air Systems Command, fired two TOW 2A RF practice missiles at ranges exceeding 2600 meters. The two tests verifi... |
|03/30/15||Raytheon wins $46 million contract to provide ground stations for South Korean purchase of Global Hawk|
|Raytheon delivers stationary and mobile ground segments
DULLES, Va., March 30, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a contract valued at up to $45.7 million by Northrop Grumman Aerospace Systems for ground segments in support of four Global Hawk unmanned aircraft systems recently purchased by the Republic of Korea.
Under this contract, Raytheon will deliver one building-based and one mobile ground segment to locations in South Korea. Work under the contract ... |
|03/30/15||Estonia and Raytheon Agree to Pursue Long-term Collaboration in Cybersecurity|
|DULLES, Va., March 30, 2015 /PRNewswire/ -- The Estonian Ministry of Defense and Raytheon Company (NYSE: RTN) have agreed to explore long-term collaboration in the area of cyber security.
Mikk Marran, Permanent Secretary of the Estonian Ministry of Defense, and Raytheon agreed on the collaborative arrangement during Marran's recent visit to Washington for talks with U.S. government and U.S. defense industry representatives on issues of bilateral defense cooperation.
"Strong defense-indus... |
|03/27/15||Raytheon Systems Limited Reaches Settlement with United Kingdom Home Office|
|Concludes dispute regarding the termination of eBorders contract
WALTHAM, Mass., March 27, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its United Kingdom subsidiary, Raytheon Systems Limited (RSL, also known as Raytheon U.K.), has reached an amicable settlement with the United Kingdom (U.K.) Home Office — successfully concluding a long-running dispute with the U.K. Home Office regarding the July 2010 termination of its eBorders contract.
The settlement include... |
|03/26/15||Raytheon moves environmental satellite ground sustainment team to Maryland in support of major upgrade|
|Move creates efficiencies across NOAA and NASA program
RIVERDALE, Md., March 26, 2015 /PRNewswire/ -- The team that sustains the National Aeronautic and Space Administration (NASA) and National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System Common Ground System (JPSS CGS) is now located much closer to key agency facilities – in support of a major upgrade to the existing system and to provide efficiencies to future missions – the company announced today.
|03/26/15||Poland's MESKO and Raytheon sign second Letter of Intent|
|Companies to collaborate on Excalibur, TALON LGR and other systems
TUCSON, Ariz., March 26, 2015 /PRNewswire/ -- In a move designed to collaborate and share advanced defense technologies, Raytheon Company's (NYSE: RTN) Missile Systems business signed a Letter of Intent with MESKO, Poland's leading missile and ammunition manufacturer.
Areas of cooperation focus on Raytheon's solutions for the KRAB howitzer precision fires and new Polish Attack Helicopter, including offset proposals and o... |
|03/25/15||Raytheon Integrated Defense Systems recognized for excellence in supply chain management|
|New processes drive down costs; Supplier Advisory Council enhances supplier relationships
WALTHAM, Mass., March 25, 2015 /PRNewswire/ -- The Institute for Supply Management® and Michigan State University are honoring Raytheon Company (NYSE: RTN) for excellence in supply chain management, a critical dynamic for driving down product and contract costs.
Raytheon's Integrated Defense Systems (IDS) Integrated Supply Chain (ISC) organization received the 2015 "Excellence in Supply Chain Manage... |
|03/23/15||Raytheon Recognized by NASA for Small Business Support|
|DULLES, Va., March 23, 2015 /PRNewswire/ -- NASA selected Raytheon Company (NYSE: RTN) as the Large Business Prime Contractor of the Year in its agency-level awards to recognize small business partnership. Raytheon was nominated for its support to the Goddard Space Flight Center in Greenbelt, Md., and was then advanced to recognition at the agency level for extensive efforts to help NASA meet its goals for small business inclusion.
In its announcement, NASA explained its Small Business Indust... |
|03/20/15||Letitia A. Long elected to Raytheon Board of Directors|
|WALTHAM, Mass., March 20, 2015 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected Letitia A. Long as a director effective immediately.
Ms. Long, 55, has held numerous positions of increasing responsibility over the course of her distinguished 32-year career in the Department of Defense and the Intelligence Community. She served as Director of the National Geospatial-Intelligence Agency from 2010 to 2014. From 2006 to 2010, she served as the Deputy Director of ... |
|03/19/15||Call for Nominations: Raytheon to award grants in support of STEM education excellence|
|MathMovesU award and grant programs recognize educators for innovative teaching methods
WALTHAM, Mass., March 19, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will recognize middle and high school math and science teachers across the country for their commitment to science, technology, engineering and math (STEM) education through grants to support their work in the classroom.
Raytheon's MathMovesU® program invites members of the community to recognize inspirational math and science... |
|03/18/15||Raytheon Company increases dividend by 10.7 percent, its eleventh consecutive annual increase|
|WALTHAM, Mass., March 18, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Board of Directors has voted to increase the company's annual dividend payout rate by 10.7 percent, from $2.42 to $2.68 per share. The Board also authorized payment of a quarterly cash dividend of $0.67 per outstanding share of common stock, to be paid on April 30, 2015, to shareholders of record as of the close of business on April 1, 2015. Payment of quarterly dividends is subject to Board authorization.
"With tod... |
|03/17/15||Raytheon selected to demonstrate technologies that enable affordable, rapidly-developed phased array systems|
|Common architecture leveraged to maximize affordability and stay ahead of evolving threats
TEWKSBURY, Mass., March 17, 2015 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) has awarded Raytheon Company (NYSE: RTN) two contract modifications totaling a combined $5 million in support of the Arrays at Commercial Timescales (ACT) program. ACT is focused on developing technology that enables rapidly upgradable and widely deployable radar array architectures. The awards are t... |
|03/12/15||Raytheon pledges $10 million to support military veterans, members of the armed services and their families|
|WALTHAM, Mass., March 12, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced a $10 million pledge to support initiatives aimed at empowering service members and their families through education opportunities. The new five-year commitment will support science, technology, engineering and math education and mentorship programs in partnership with Boys & Girls Clubs of America and Student Veterans of America.
Raytheon's Chairman and CEO Thomas A. Kennedy said the new initiativ... |
|03/11/15||Combatant Commanders gain new ballistic missile defense capability through 'threat upgrade' software|
|Updates make SM-3 more lethal against advanced threats
TUCSON, Ariz., March 11, 2015 /PRNewswire/ -- For the first time ever, Raytheon (NYSE: RTN) has begun enhancing Standard Missile-3 Block IBs with 'threat upgrade' software, giving the weapon's kill vehicle the ability to hunt down more complicated, more lethal targets.
Though exact details are classified, the ability to make improvements through software upgrades means combatant commanders can get increased ballistic missile defense... |
|03/10/15||Raytheon awarded $122 million US Navy contract for Tomahawk Block IV Missiles|
|TUCSON, Ariz., March 10, 2015 /PRNewswire/ -- Raytheon received a contract modification for $122,443,911 to a previously awarded firm-fixed-price contract (N00019-14-C-0075) for the procurement of 114 Tomahawk Block IV All Up Round missiles for the U.S. Navy. This completes the Navy's planned purchase of 214 Tomahawk Block IV missiles for fiscal year 2015 and continues to build the inventory to support warfighting requirements.
"Employed in every recent conflict, submarine and surface-launche... |
|03/09/15||Pi Day celebrations highlight the infinite possibilities math and science bring students|
|Raytheon delivers pies to Boys & Girls Clubs across the country to spotlight the importance of STEM education
WALTHAM, Mass., March 9, 2015 /PRNewswire/ -- There are infinite ways to show children how math factors into their everyday lives. On March 14 – 3.14, or Pi Day – Raytheon Company (NYSE: RTN) is serving up a slice of proof that numbers are all around them.
Raytheon is celebrating the world's most famous never-ending number by delivering pies to Boys &... |
|03/09/15||TELDAT and Raytheon move to next phase of Patriot router development|
|Polish defense industry successfully demonstrates advanced engineering capabilities
TEWKSBURY, Mass., March 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and TELDAT successfully completed the Critical Design Review (CDR) phase of their current contract to co-develop and co-produce advanced militarized routers for the Patriot Air and Missile Defense system. This milestone validates the capability of the TELDAT design to meet all Patriot system requirements and enables the company to t... |
|03/09/15||Raytheon announces facility expansion and 250 new jobs in Indianapolis|
|Governor Mike Pence and Indianapolis Deputy Mayor Adam Collins visit facility to join in the announcement
INDIANAPOLIS, March 9, 2015 /PRNewswire/ -- Raytheon announced today that it will expand its Indianapolis facility and add approximately 250 jobs to support its work in depot and modernization services. The facility, which already employs 1,000 people, also develops leading-edge soldier-worn computers, provides weapons system sustainment, supply chain management and systems engineering ... |
|03/05/15||Raytheon demonstrates advanced microgrid system and control capabilities|
|Secure, efficient back-up power system to be fielded at the Marine Corps Air Station Miramar
TEWKSBURY, Mass., March 5, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and its partners, the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), Primus Power, and Advanced Energy (NASDAQ: AEIS) have successfully demonstrated an advanced microgrid system capable of islanded (off-grid) operation using stored and high penetration renewable energy.
The testing effort, condu... |
|03/05/15||Raytheon recognized by Aviation Week for innovation in Gallium Nitride technology|
|WALTHAM, Mass., March 5, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been named a 2015 Laureate Award winner by Aviation Week for innovation in introducing gallium nitride (GaN)-based technology to military radar systems. Advancing the capability of radars and other types of sensors, GaN radio frequency (RF) amplifiers are more than five times more powerful than semiconductors presently used. For military systems, GaN delivers higher performance as well as significant cost benefit.
|03/04/15||U.S. Air Force marks significant progress with high-bandwidth satellite terminal development program|
|Raytheon achieves cost savings, critical milestones in satellite terminal upgrades
MARLBOROUGH, Mass., March 4, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has completed a number of design and development milestones for a nuclear-hardened command and control system, one year after receiving a $134 million U.S. Air Force contract to provide secure communications between the president, senior military leaders and the bomber fleet.
The program to upgrade the satellite terminals for t... |
|03/03/15||Raytheon presents 3rd annual Air Traffic Controller of the Year award|
|Matthew Tucker recognized for commitment to safety and continuous improvement
TEWKSBURY, Mass., March 3, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that Matthew (Matt) Tucker has been awarded the 3rd annual Raytheon Air Traffic Controller of the Year award. The award was presented at the annual "Communicating for Safety" conference organized by the National Air Traffic Controllers Association (NATCA).
Tucker has served as an Air Traffic Controller at the FAA's Atla... |
|03/02/15||Raytheon's "Blue Marble" imaging sensor delivered on schedule for JPSS-1 spacecraft integration|
|Critical weather sensor enhances climate monitoring
EL SEGUNDO, Calif., March 2, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered a second Visible Infrared Imaging Radiometer Suite (VIIRS) instrument to support the National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System mission.
The second VIIRS unit will fly aboard the JPSS-1 spacecraft, ensuring continuity of critical weather information currently being provided by its predecessor, the joint ... |
|02/26/15||Raytheon awarded $35 million U.S. Air Force aircraft integration and life cycle technical support contract|
|DULLES, Va., Feb. 26, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $35 million sole-source contract by the U.S. Air Force to provide aircraft integration and life-cycle technical support on an advanced bomb carriage and release system for aircraft. The advanced system will allow both the Air Force and U.S. Navy to perform more missions utilizing less aircraft.
"JMM BRU end users now have a next evolution system that can be integrated with more than 11 different platforms,"... |
|02/25/15||Raytheon kicks off nation's largest collegiate cyber defense competition|
|NCAA-style tournament fights U.S. cyber talent shortage, gives college students hands-on experience battling cyber attacks
DULLES, Va., Feb. 25, 2015 /PRNewswire/ -- Students from more than 180 U.S. colleges and universities will begin competing this week for the 2015 National Collegiate Cyber Defense Competition (NCCDC), a national tournament to choose the team who can best protect computer networks against real-world cyber threats that are infiltrating major retailers, corporations, socia... |
|02/24/15||/C O R R E C T I O N -- Raytheon Company/|
|In the news release, Raytheon, NIMR to integrate TALON laser guided rockets onto UAE ground vehicle, issued 24-Feb-2015 by Raytheon Company over PR Newswire, we are advised by the company of updated material listed in the full corrected version below:
UPDATED: Raytheon, NIMR to integrate TALON laser guided rockets, anti-tank missiles onto UAE ground vehicle
ABU DHABI, United Arab Emirates, Feb. 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and NIMR Automot... |
|02/24/15||Raytheon, NIMR to integrate TALON laser guided rockets onto UAE ground vehicle|
|ABU DHABI, United Arab Emirates, Feb. 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and NIMR Automotive, part of the Emirates Defence Industries Company (EDIC), are collaborating to equip NIMR armored vehicles with TALON™ Laser Guided Rockets.
Using the Raytheon remote weapons station, each vehicle will carry 16 TALON LGRs.
The RWS enables TALON to be fired from both stationary and moving vehicles, while an elevated sensor/designator enables the TALON to be fired from concealed p... |
|02/24/15||Raytheon and Boeing partner to provide command and control solution to Royal Saudi Air Force|
|Boeing joins Raytheon-led team to provide superior, integrated solution
ABU DHABI, Feb. 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has announced that Boeing (NYSE: BA) will join the Raytheon team to offer a comprehensive C5I™ (Command, Control, Communications, Computers, Cyber and Intelligence) solution for the modernization of the Royal Saudi Air Force (RSAF) command and control system. Raytheon and Boeing bring extensive expertise in command and control and large systems integr... |
|02/23/15||Raytheon team tests new global capability to help improve U.S. Army readiness|
|DULLES, Va., Feb. 23, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and its partner team along with the U.S. Army are testing a new training instrumentation system that helps enable and improve home station training by blending live, virtual and constructive training domains across widely dispersed geographic locations.
This new capability, called the Joint Pacific Multinational Readiness Capability Instrumentation System (JPMRC – IS), consists of an integrated system of deployable shelt... |
|02/22/15||Raytheon unveils extended range AMRAAM|
|AMRAAM-ER, NASAMS launcher will provide robust ground based air defense
ABU DHABI, United Arab Emirates, Feb. 22, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has begun development on an extended range variant of the combat-proven Advanced Medium Range Air to Air Missile (AMRAAM®). Designed specifically for ground-based air defense, AMRAAM-ER will enable intercepts at longer range and higher altitudes.
"With AMRAAM-ER, Raytheon is rewriting the book on ground-based air defense. ... |
|02/22/15||Upgrades boost ballistic missile defense radar's performance during missile raid|
|Raytheon AN/TPY-2 radar to gain better discrimination of threats and non-threats
TEWKSBURY, Mass., Feb. 22, 2015 /PRNewswire/ -- The U.S. and its friends and allies will soon have improved defenses against ballistic missile raids -- large quantities of simultaneously impacting ballistic missiles. Raytheon Company (NYSE: RTN) has upgraded the computer processor of the AN/TPY-2 ballistic missile defense radar, enabling the system to both perform better during raids and to more quickly and ac... |
|02/19/15||U.S. Government approves export of advanced technology in Patriot radar|
|GaN-based AESA technology cuts cost, enables future capability upgrades
TEWKSBURY, Mass., Feb. 19, 2015 /PRNewswire/ -- The United States government approved Raytheon Company (NYSE: RTN) to export a Gallium Nitride- (GaN) based Active Electronically Scanned Array (AESA) Patriot sensor to Patriot Air and Missile Defense System partner nations.
"GaN-based AESA technology can bring customers of the combat-proven Patriot optimized 360-degree coverage while setting the stage for future capab... |
|02/19/15||Global Study: Cybersecurity Officers Believe Disconnect Prevents Company Leaders from Addressing Cyber Threats|
|Timely Raytheon survey released as Obama Administration makes cybersecurity national priority and announces new policy and governance for companies
DULLES, Va., Feb. 19, 2015 /PRNewswire/ -- A new study commissioned by Raytheon (NYSE: RTN) in partnership with Ponemon Institute reveals CISOs foresee cyber terrorism and cybercrime posing significant risks to their organizations over the next three years. The Global Megatrends in Cybersecurity 2015 survey of 1,006 cyber security CIOs, CISOs an... |
|02/19/15||Raytheon Missile Systems named Alabama Manufacturer of the Year|
|Business Council of Alabama honors company for excellence in manufacturing
HUNTSVILLE, Ala., Feb. 19, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems business received the Manufacturer of the Year award from the Business Council of Alabama during a ceremony in Montgomery. The award recognizes the Raytheon Redstone Missile Integration Facility for manufacturing excellence.
"Our Huntsville team utilizes automation and technological advancements to produce the most ef... |
|02/18/15||Raytheon Celebrates Engineers Week with events across the U.S.|
|Volunteers lead hands-on learning activities for thousands of students in 13 states
WALTHAM, Mass., Feb. 18, 2015 /PRNewswire/ -- With potential for high earnings and plentiful job opportunities, engineering is a career option more students should consider. For National Engineers Week, Feb. 22-28, Raytheon Company (NYSE: RTN), Boys & Girls Clubs, and a number of schools and universities will co-host community events across the country, each designed to help inspire students to seek a fu... |
|02/17/15||US Navy's P-8A Poseidon system enhancements add mission capabilities|
|Raytheon awarded a 27-month, $15.5 million contract for open architecture
MCKINNEY, Texas, Feb. 17, 2015 /PRNewswire/ -- The US Navy awarded a $15.5 million system development contract to Raytheon Company (NYSE: RTN) to develop a flexible, application-based architecture (ABA) for the P-8A Poseidon maritime patrol aircraft. The ABA will allow mission commanders to rapidly field new or enhanced capabilities through third-party software applications.
Raytheon's ABA design aligns with both ... |
|02/16/15||Wajsgras named to Wash100 List|
|Executive recognized as one of the most influential individuals in government contracting
WALTHAM, Mass., Feb. 16, 2015 /PRNewswire/ -- GovConExec magazine has named Raytheon executive David Wajsgras to the annual Wash100 list of the most influential leaders in the world of government contracting.
Wajsgras has been senior vice president and chief financial officer of Raytheon since 2006, directing the overall financial strategy for the company. Raytheon (NYSE:RTN) had 2014 sales of $23... |
|02/16/15||Small Diameter Bomb II completes Live Fire Tests|
|Performance proves weapon's production readiness
TUCSON, Ariz., Feb. 16, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force completed two successful Small Diameter Bomb II (SDB II) all-up round live fire test flights that demonstrated the weapon's ability to detect, track and destroy moving targets.
The flight tests, which took place at the White Sands Missile Test Range, are the final flight events required prior to Milestone C and the start of Lo... |
|02/11/15||US Navy, Raytheon demonstrate moving target capability for Tomahawk Block IV|
|Back-to-back tests validate missile modernization path
CHINA LAKE, Calif., Feb. 11, 2015 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) conducted two successful flight tests on Jan. 27 and 29. The first flight test demonstrated a Tomahawk cruise missile which was synthetically guided to hit a Mobile Ship Target (MST). The second flight test demonstrated a reduced mission planning time in a realistic "call for fire" scenario.
"The combat-proven Tomahawk is unmatched in... |
|02/10/15||Raytheon awarded contract to support V-22|
|DULLES, Va., Feb. 10, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an indefinite delivery, indefinite quantity contract with a potential value of $270 million by the U.S. Navy's Air Systems Command to support V-22 Osprey systems, testing and software. The work will be performed by Raytheon Intelligence, Information and Services at its facility in Indianapolis, Ind.
Under the contract, Raytheon IIS employees will provide V-22 software support activity systems and software... |
|02/10/15||Raytheon announces retirement of Richard Goglia, Vice President and Treasurer; Names Sanjay Chawla Vice President, Pension Investments|
|WALTHAM, Mass., Feb. 10, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today the retirement of Richard Goglia, Vice President and Treasurer, effective March 31, 2015. The Company also announced the appointment of Sanjay Chawla to the new role of Vice President, Pension Investments. The company is in the process of reviewing potential internal and external successors to the Treasurer role and expects to name a new Vice President and Treasurer within the next few months.
|01/29/15||Raytheon Reports Solid Fourth Quarter and Full-Year 2014 Results|
|-- Strong bookings of $7.1 billion in the quarter and $24.1 billion for the year; book-to-bill ratio of 1.05 for the year
-- Fourth quarter 2014 net sales of $6.1 billion; full-year net sales of $22.8 billion
-- Fourth quarter EPS from continuing operations of $1.86; full-year EPS from continuing operations of $6.97
-- Fourth quarter Adjusted EPS1 of $1.71; full-year Adjusted EPS of $6.12
-- Strong operating cash flow from continuing operations of $829 million in the quarter and $2.1... |
|01/26/15||Raytheon acquires Tucson-based Sensintel, Inc.|
|TUCSON, Ariz., Jan. 26, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has acquired privately-held Sensintel, Inc., a leading provider of unmanned aircraft systems (UAS) solutions to the intelligence and special operations markets.
Located in Tucson with approximately 50 employees, Sensintel will become part of Raytheon Company's Missile Systems business. The transaction is not expected to materially impact Raytheon's sales or earnings in the first quarter or full year 2015. Terms of the ... |
|01/20/15||Raytheon Company to release 2014 fourth quarter and full-year results on Jan. 29, 2015|
|WALTHAM, Mass., Jan. 20, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its 2014 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 29, 2015. The release will be posted on Raytheon's website.
The 2014 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 29, 2015. 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... |
|01/20/15||Raytheon Vice President Ed Miyashiro named an Aegis Ballistic Missile Defense Pathfinder|
|WALTHAM, Mass., Jan. 20, 2015 /PRNewswire/ -- Raytheon Vice President Ed Miyashiro has been named an Aegis Ballistic Missile Defense Pathfinder, recognizing his significant contributions in this unique field.
It is only the second time the award, which customarily recognizes contributions from military and government leaders, has been granted to an individual from the defense industry. The award is given by the Aegis Ballistic Missile Defense program office.
"Ed's contributions in this ar... |
|01/16/15||Raytheon Company appoints Frank R. Jimenez General Counsel|
|WALTHAM, Mass., Jan. 16, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of Frank R. Jimenez as General Counsel for the company, effective January 19, 2015. Jimenez, 50, previously served as General Counsel of the Navy from 2006-2009, and was one of seven Senate-confirmed Pentagon civilians of four-star equivalent rank overseeing the U.S. Navy and Marine Corps. He succeeds Jay B. Stephens, who is retiring from Raytheon on March... |
|01/14/15||US Navy approves multi-role SM-6 for use on more ships|
|Move broadens fleet protection, keeps sailors safe
TUCSON, Ariz., Jan. 14, 2015 /PRNewswire/ -- The U.S. Navy authorized ships in the Aegis Combat Weapon System baselines 5.3 and 3.A.0 series to carry the Raytheon Company (NYSE: RTN) Standard Missile-6. The authorization expands the missile's use from five ships to more than 35 ships.
"SM-6 is the longest range integrated air and missile defense interceptor deployed, and its multi-role capabilities are unprecedented," said Mike Campisi, ... |
|01/12/15||Latest Raytheon AESA Radar Soars in Flight Test|
|New capabilities designed to lengthen F/A-18C-D Hornet's relevance
EL SEGUNDO, Calif., Jan. 12, 2015 /PRNewswire/ -- A successful flight test of the Raytheon-built APG-79(V)X AESA radar system has demonstrated the functions needed to extend the relevance of F/A-18C/D Hornet fighter/attack jets, including:
extended detection ranges
simultaneous air-to-air and air-to-ground capabilities
production of high-resolution synthetic aperture radar (SAR) mapping
industry leading reliabilit... |
|01/09/15||Raytheon and General Dynamics joint venture awarded U.S. Air Force Launch and Test Range Contract|
|DULLES, Va., Jan. 9, 2015 /PRNewswire/ -- The U.S. Air Force has awarded one of its most important space procurements, potentially a multi-billion-dollar contract to operate, maintain, and sustain launch ranges at Florida's Space Coast and Vandenberg Air Force Base in California, to a joint venture of Raytheon (NYSE: RTN) and General Dynamics.
The joint venture, called Range Generation Next (RGNext) is responsible for operations, as well as organizational and depot-level maintenance and susta... |
|01/07/15||Raytheon Company Announces Executive Appointments|
|David C. Wajsgras and Anthony F. O'Brien to New Roles; Lynn A. Dugle to Retire
WALTHAM, Mass., Jan. 7, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of David C. Wajsgras as President, Raytheon Intelligence, Information and Services (IIS) business, succeeding Lynn A. Dugle, who has announced plans to retire from the company. Additionally, Kennedy has appointed Anthony F. "Toby" O'Brien vice president and Chief Financial O... |