2016 News Releases

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06/23/16The State of Kuwait upgrades its air and missile defense
Raytheon awarded $523 million to modernize Kuwait's Patriot systems ANDOVER, Mass., June 23, 2016 /PRNewswire/ -- The State of Kuwait will soon be able to better protect its cities and key infrastructure against ballistic missiles, aircraft and other airborne threats.  The U.S. Army awarded Raytheon Company (NYSE: RTN) a $523 million undefinitized contract action to upgrade the State of Kuwait's Patriot Air and Missile Defense Systems to the most modern configuration currently fielded. ... 
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06/22/16Raytheon Professional Services wins prestigious award for multilingual support
International Customer Management Institute honors Barcelona customer service center DALLAS, June 22, 2016 /PRNewswire/ -- The International Customer Management Institute has named Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), Best Multilingual Support provider. ICMI, which issues the annual Global Contact Center Awards, recognized the outstanding multilingual support provided by the RPS global customer service center in Barcelona, Spain. The RPS cent... 
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06/17/16Zumwalt destroyer runs strong on Raytheon systems
Performance and successes continued as Zumwalt completed trials TEWKSBURY, Mass., June 17, 2016 /PRNewswire/ -- Systems and technologies from Raytheon Company (NYSE: RTN), the prime mission-systems equipment integrator for the U.S. Navy's DDG 1000-class destroyer program, performed strongly as the future USS Zumwalt sailed through Acceptance Trials. Key ship capabilities were rigorously tested in recently completed Builder's and Acceptance Trials, including the Ray... 
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06/16/16Defense Security Service recognizes Raytheon tradition of industrial security excellence with three Cogswell Awards
WALTHAM, Mass., June 16, 2016 /PRNewswire/ -- The Defense Security Service has awarded Raytheon (NYSE: RTN) three James S. Cogswell Outstanding Industrial Security Achievement Awards, the most prestigious honor given by DSS. Cogswell-winning organizations demonstrate sustained security program excellence and innovation, as well as a commitment to industry-government partnership to protect classified information. The Cogswell award is earned by less than one half of one percent of eligible fa... 
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06/16/16Raytheon achieves two milestones in development of next-generation controls for GPS
OCX Monitor Station Receiver Element milestones mark continued development momentum AURORA, Colo., June 16, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) has passed both a qualification and a critical design review milestone as part of its development of the U.S. Air Force's Global Positioning System Next Generation Operational Control System, or GPS OCX. This new system offers significant improvements to the GPS on which the U.S. military and millions of civilians rely, including enhanced avai... 
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06/15/16Spacefaring Raytheon technology makes air travel better, safer
Newly launched satellite payload sustains improved GPS navigation availability and accuracy CAPE CANAVERAL, Fla., June 15, 2016 /PRNewswire/ -- Raytheon's newest payload, a technology package that improves the availability and accuracy of Global Positioning System signals for aviation, has launched into orbit for its 12-year mission. The Raytheon-developed system is a key element of the Federal Aviation Administration's Wide Area Augmentation System, which offers commercial airline and ... 
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06/15/16Raytheon strengthens focus on corporate responsibility
Annual report details efforts to create opportunity, enhance performance and build a sustainable future WALTHAM, Mass., June 15, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN)  2015 Corporate Responsibility Report outlines the company's continued commitment to creating opportunities for people, striving for strong performance and building a sustainable future of limitless possibilities.  This commitment is embedded in the company's values, which emphasize trust, respect, collaboration,... 
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06/15/16Javelin Scores a perfect 5 for 5 in UK ground vehicle tests
PARIS, June 15, 2016 /PRNewswire/ -- The Javelin™ Joint Venture team, a partnership of Raytheon Company (NYSE: RTN) and Lockheed Martin (NYSE: LMT), successfully demonstrated Javelin's ability to engage targets beyond its current 2.5 kilometer range requirement during a series of ground vehicle launch tests. The five tests were conducted for the U.K. Army at the Salisbury Plain Training Area in Wiltshire, England. During the U.K. Army-sponsored tests, the Javelin missiles were mounted on a S... 
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06/14/16Australia selects Raytheon ELCAN weapon sight for land forces
Advanced optical sight offers both long-range targeting and short-range aiming PARIS, June 14, 2016 /PRNewswire/ -- Australia's Department of Defence has selected Raytheon's ELCAN Optical Technologies division to supply the ELCAN Specter® DR 1-4x dual role weapon sight. The $54 million contract award followed an open competition. The ELCAN Specter® dual field-of-view (1X and 4X) sight will replace the ADF's standard 1.5X magnified sight on the new Enhanced F88 rifle in the Land 125 Phas... 
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06/07/16Raytheon, Aerojet Rocketdyne sign new strategic sourcing agreement
Multi-year deal will provide long-term customer benefit TUCSON, Ariz., June 7, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) have entered into a new Strategic Sourcing Agreement. Under the SSA, Aerojet Rocketdyne will act as a principal and long-term supplier of its legacy portfolio of propulsion systems and energetics products for key weapons programs. "This landmark agreement is an important ste... 
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06/06/16US Marine Corps awards Raytheon up to $249 million to refurbish vehicles
Engine and part rebuilds give Marines guaranteed reliability at half the cost of new ALBANY, Ga., June 6, 2016 /PRNewswire/ -- The U.S. Marine Corps Logistics Command has awarded Raytheon Company (NYSE: RTN) up to $249 million with options over five years for work on the Secondary Reparable, or SECREP program, rebuilding vehicle parts such as engines, transmissions and electronics. The Marine Corps takes delivery of the items at approximately half the price of buying new. The savings can be... 
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06/06/16Businesses wait for damaging cyber attacks before taking action: Study
Worldwide, cybersecurity trends away from reactive monitoring and toward proactive threat hunting DULLES, Va., June 6, 2016 /PRNewswire/ -- A new global study commissioned by Raytheon (NYSE: RTN) reveals organizations worldwide wait until they fall victim to a damaging cyber attack before engaging a provider of managed security services, or MSS. Two-thirds of survey respondents indicated that not until there is a significant data loss from an IT security breach are their organizations motiv... 
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06/03/16Raytheon awarded $365 million U.S. Navy contract
Providing critical radar components for the Navy's AEGIS program TEWKSBURY, Mass., June 3, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $365,848,801 fixed-price-incentive, cost-plus-fixed-fee contract for the production of Aegis Weapon System AN/SPY-1D(V) Radar Transmitter Group, Missile Fire Control System MK 99 equipment, and associated engineering services. This contract includes options which, if exercised, would bring the cumulative value of this contract to... 
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06/03/16Raytheon awards $300,000 in MathMovesU middle school scholarships and grants
150 middle school students nationwide receive scholarships; schools receive matching grants for math education initiatives WALTHAM, Mass., June 3, 2016 /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,... 
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06/02/16Raytheon and No Barriers Warriors seek wounded veterans for transformational expedition
Nominations open for wounded veterans to participate in the 2016 Grand Canyon Veteran Wilderness Expedition TUCSON, Ariz., June 2, 2016 /PRNewswire/ -- Nominations are now being accepted for 14 wounded veterans to embark on a seven-day Grand Canyon Expedition, rafting on the Colorado River and hiking up the Bright Angel Trail. Raytheon Company (NYSE: RTN) will sponsor the expedition, which is designed to help veterans overcome barriers and live fuller lives. No Barriers USA will run the exp... 
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05/27/16Raytheon and Israel's UVision to develop loitering airborne solutions
Team will adapt UVision's Hero-30 system for U.S. Army requirement TUCSON, Ariz., May 27, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and UVision signed a teaming agreement to work together on small, loitering airborne solutions. As part of the deal, Raytheon will adapt the Hero-30 remotely-operated lethal loitering airborne system from Israel's UVision for U.S. military requirements.   Hero-30 is a man-packed, canister-launched airborne loitering system. Raytheon will mo... 
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05/26/16Standard Missile-3 flight test validates engineering upgrade
Improved rocket motor will further increase interceptor reliability PACIFIC MISSILE RANGE FACILITY, Hawaii, May 26, 2016 /PRNewswire/ -- Raytheon Company and the Missile Defense Agency completed a successful flight test of an improved Standard Missile-3 (SM-3) Block IB third stage rocket motor.  The mission confirmed effective in-flight performance of the upgrade, which previously succeeded in all ground testing. The upgrade will be integrated into the current missile production line. ... 
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05/26/16Raytheon Company declares quarterly cash dividend
WALTHAM, Mass., May 26, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.7325 per outstanding share of common stock. The cash dividend is payable on Aug. 4, 2016, to shareholders of record as of the close of business on July 6, 2016. About Raytheon Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and... 
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05/23/16Raytheon begins delivery of railgun pulse power containers
Power requirements validated for future directed energy weapons TEWKSBURY, Mass., May 23, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has begun deliveries of pulse power containers in support of the U.S. Navy's Railgun program. The containers, which are comprised of multiple pulsed power modules, will be integrated into the Navy's Railgun test range for additional development and testing. The modular pulsed power containers, when combined, produce enough energy to enable the elec... 
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05/20/16Raytheon awards Women's Cybersecurity Scholarships
Partnership with Center for Cyber Safety and Education seeks to close the gender gap in cybersecurity workforce WASHINGTON, May 20, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the nonprofit Center for Cyber Safety and Education have awarded two female college students a $10,000 scholarship and a paid internship to develop their cybersecurity careers. "This scholarship aims to attract and develop more young women in cybersecurity, and give them the opportunity to make an impact... 
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05/19/16Raytheon partners with American University's Kogod Cybersecurity Governance Center
Company joins in efforts to advance cybersecurity research and education WASHINGTON, May 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE:RTN) is partnering with the Kogod Cybersecurity Governance Center at American University in Washington, D.C., to promote good governance in the preparation for, prevention and detection of, and response to cybersecurity breaches in cybersecurity research and education.   "Raytheon Company is a strong advocate for effective and substantive strategies for... 
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05/18/16Navajo Nation honors Raytheon Diné Facility with Business of the Year Award
Company recognized for industry excellence and community involvement FARMINGTON, N.M., May 18, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems business in Farmington received the Navajo Nation Industry Business of the Year Award during the 2016 Navajo Nation Economic Summit. Raytheon Diné was recognized for its strong business growth, positive impact on the community, innovative manufacturing capabilities and technically advanced products. "This prestigious award is v... 
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05/17/16US Navy uses Raytheon's SeaRAM to knock out complex targets in at-sea test
Demonstration highlights progress toward operational capability TUCSON, Ariz., May 17, 2016 /PRNewswire/ -- The U.S. Navy completed a series of test shots using Raytheon Company's (NYSE: RTN) SeaRAM anti-ship missile defense system, taking out several targets in a variety of scenarios that mimic today's most advanced threats to naval ships. The series of two shots included one in which two supersonic missiles were inbound simultaneously, flying in complex, evasive maneuvers. In both fl... 
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05/10/16Jordan to acquire Raytheon's TOW missiles
TOW missiles provide affordable accuracy to US, international forces AMMAN, Jordan, May 10, 2016 /PRNewswire/ -- Jordan's Ministry of Defence has signed an agreement with the U.S. Department of Defense to acquire tube-launched, optically tracked, wireless-guided, or TOW, missiles made by Raytheon Company (NYSE: RTN). Raytheon will begin deliveries this year. "Our international partners rely on the kind of extended-range precision TOW provides," said Scott Speet, Raytheon TOW program dire... 
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05/09/16Edward Wan named 2016 Raytheon MATHCOUNTS National Champion
Texas team crowned top state Mathlete® squad WASHINGTON, May 9, 2016 /PRNewswire/ -- Edward Wan, a 13-year-old seventh grader from Lakeside Middle School in Seattle, Washington, is the 2016 Raytheon MATHCOUNTS® National Champion, following an intense, elite competition at the Renaissance Washington, D.C., Downtown Hotel. This is the eighth 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 educa... 
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05/03/16Raytheon ramps up deliveries of small unmanned air systems
Company also forms new UAS directorate in Tucson NEW ORLEANS, May 3, 2016 /PRNewswire/ -- Responding to growing warfighter demand, Raytheon Company (NYSE: RTN) has increased deliveries of its small unmanned aircraft systems. The company has also formed a new UAS directorate within the Advanced Missile Systems product line in Tucson, Arizona, that combines expertise in small UAS airframe and integration, with mission payload, command and control, and technology from across the company.  ... 
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05/02/16Raytheon developing technology to make software "immortal"
Apps could be viable for 100 years despite changes in technology CAMBRIDGE, Mass., May 2, 2016 /PRNewswire/ -- A team led by Raytheon BBN Technologies is developing methods to make mobile applications viable for up to 100 years, despite changes in hardware, operating system upgrades and supporting services. The U.S. Air Force is sponsoring the four-year, $7.8 million contract under the Defense Advanced Research Projects Agency's Building Resource Adaptive Software Systems program. "Mobi... 
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04/29/16Raytheon to start production of first multi-spectral targeting system with next-generation accuracy
U.S. Air Force awards company $90 million MCKINNEY, Texas, April 29, 2016 /PRNewswire/ -- The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a $90 million first-lot production contract for the next-generation Multi-Spectral Targeting System. The AN/DAS-4, the latest variant of the MTS™ family of sensors, incorporates greater fire control and Target Location Accuracy technology for precise coordinates. Combat-proven, with nearly three million operational flight hours, MTS sensors p... 
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04/28/16Raytheon Reports Solid First Quarter 2016 Results
- Strong bookings of $6.2 billion; book-to-bill ratio of 1.08 - Net sales of $5.8 billion, up 9.0 percent - EPS from continuing operations of $1.43 - Solid operating cash flow from continuing operations of $325 million - As previously announced, increased annual dividend by 9.3 percent to $2.93 per share - Updated full-year 2016 guidance WALTHAM, Mass., April 28, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced net sales for the first quarter 2016 of $5.8 billion, ... 
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04/27/16USS Coronado deploys with next-gen UAV controls from Raytheon
Unmanned helicopter control system brings flexible mission control to first US Navy littoral missions SAN DIEGO, April 27, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy's Naval Air Systems Command have deployed advanced mission control for the MQ-8 Fire Scout, an unmanned helicopter, aboard the Littoral Combat Ship USS Coronado, which is now underway. Navy control hardware and Raytheon control software were combined for robust, flexible command and control of Fire Scou... 
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04/26/16U.S. Navy awards Raytheon up to $104 million for long-range radar operations
Contract covers Relocatable Over-the-Horizon Radar, which detects threats to U.S. CHESAPEAKE, Va., April 26, 2016 /PRNewswire/ -- The U.S. Navy's Naval Supply Systems Command (NAVSUP) has awarded Raytheon Company (NYSE: RTN) up to $104 million to conduct operations and maintenance for the Relocatable Over-the-Horizon Radar (ROTHR) program. ROTHR is a long-range surveillance radar used by the U.S. government in counter narco-terrorism operations. Raytheon designed and built R... 
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04/24/16University of Central Florida becomes winningest National Collegiate Cyber Defense champion
Student team wins cybersecurity competition three years running SAN ANTONIO, April 24, 2016 /PRNewswire/ -- University of Central Florida defeated nine other finalist teams to win the 2016 National Collegiate Cyber Defense Competition, earning the title of National Champion for the third year in a row. The championship NCCDC competition was held here April 22-24, with the top 10 college and university teams from across the nation facing off to protect a network against constant cyber attack... 
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04/19/16Raytheon Company to release first quarter 2016 results on April 28, 2016
WALTHAM, Mass., April 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2016 earnings news release at 7 a.m. EDT Thursday, April 28, 2016. The release will be posted on Raytheon's website. The first quarter 2016 earnings results conference call will be at 9 a.m. EDT Thursday, April 28, 2016. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call.... 
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04/18/16BMW Northern Europe awards comprehensive training outsource contract to Raytheon
RUESSELSHEIM, Germany, April 18, 2016 /PRNewswire/ -- BMW Group Northern Europe has awarded Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), a three-year contract to provide training for BMW and Mini dealers in the Nordic Markets and Baltic States. The contract includes an option for two additional years. Raytheon will provide training delivery, training administration and management, deployment and local adaptation services. The countries covered are Denmark,... 
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04/14/16The U.S. Navy awards Raytheon $1B Next Generation Jammer Engineering and Manufacturing Development contract
Company to deliver adaptable smart pods for advanced electronic attack EL SEGUNDO, Calif., April 14, 2016 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $1 billion sole source contract for Engineering and Manufacturing Development (EMD) for Increment 1 of the Next Generation Jammer (NGJ), the advanced electronic attack technology that combines high-powered, agile, beam-jamming techniques with cutting-edge, solid-state electronics. Raytheon will deliver 15 Engineeri... 
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04/12/16Raytheon, U.S. Air Force successfully complete GPS OCX first qualification test
Milestone demonstrates progress on Launch and Checkout System for next-generation GPS controls AURORA, Colo., April 12, 2016 /PRNewswire/ -- On March 4, Raytheon (NYSE: RTN) successfully passed the first formal qualification test milestone for the U.S. Air Force's Global Positioning System Next Generation Operational Control System. Known simply as GPS OCX, this new system offers significant improvements to the GPS on which the U.S. military and mi... 
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04/11/16Raytheon Company to showcase space mission expertise
Wide range of offerings at 32nd Space Symposium, premier space industry gathering DULLES, Va., April 11, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will showcase its capabilities across the space domain at the 32nd Space Symposium, the premier gathering of the global space community, held April 11-14 in Colorado Springs, Colorado. From space flight training and launch range management to advanced, space-based earth monitoring, satellite ground control and data analytics, Raytheon... 
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04/05/16US Army awards Raytheon, DRS $56 million to develop next-gen infrared night vision
3rd Generation FLIR will allow soldiers to identify friend or foe at twice the distance of current systems TUCSON, Ariz., April 5, 2016 /PRNewswire/ -- The U.S. Army awarded $56 million to the team of Raytheon Company (NYSE: RTN), and DRS Technologies to engineer, manufacture and develop the 3rd Generation Forward Looking Infrared B-Kit, an upgrade to night vision equipment that will allow ground troops to discriminate between friend or foe at twice the distance of current systems. The ... 
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04/04/16National Science Foundation awards Raytheon $8 million to continue building the future Internet
Raytheon BBN Technologies will oversee expansion of international collaborative scientific community CAMBRIDGE, Mass., April 4, 2016 /PRNewswire/ -- The National Science Foundation has awarded $8 million to Raytheon BBN Technologies to continue the redesign of the Internet. The foundation-funded Global Environment for Network Innovations (GENI), a collaborative community of scientists from around the world, is working to meet the performance, security, and agility demands of new and emergin... 
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03/30/16Doug Peterson named Raytheon 4th Air Traffic Controller of the Year
Dallas/Fort Worth controller recognized for commitment to safety and continuous improvement DULLES, Va., March 30, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has selected Air Traffic Controller Doug Peterson as the fourth Raytheon Air Traffic Controller of the Year. The award recognizes controllers for outstanding efforts to improve quality, safety or efficiency of air traffic control. Peterson, who works at the FAA's Dallas/Fort Worth terminal radar approach control facility, pla... 
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03/30/16India to acquire Raytheon Stinger missiles
Air-to-air Stinger will add firepower to India's new combat helicopters TUCSON, Ariz., March 30, 2016 /PRNewswire/ -- The Indian Ministry of Defence has signed an agreement with the U.S. Department of Defense to acquire Stinger air-to-air missiles made by Raytheon Company (NYSE: RTN). As part of the deal, India will receive 245 Stinger air-to-air missiles, as along with launchers and engineering support. "India joins nations around the globe who recognize that air-to-air Stinger can be a... 
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03/23/16Raytheon Company increases dividend by 9.3 percent; 12th consecutive annual increase
WALTHAM, Mass., March 23, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Board of Directors has voted to increase the company's annual dividend payout rate by 9.3 percent, from $2.68 to $2.93 per share. The Board also authorized payment of a quarterly cash dividend of $0.7325 per outstanding share of common stock, to be paid on May 12, 2016, to shareholders of record as of the close of business on April 6, 2016. Payment of quarterly dividends is subject to Board authorization. "With toda... 
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03/23/16US Air Force awards Raytheon $4.8 million to continue work on EW payload for cruise missiles
Raytheon resumes Counter-Electronics High Power Microwave Advanced Missile program ALBUQUERQUE, N.M., March 23, 2016 /PRNewswire/ -- The U.S Air Force has awarded Raytheon Company (NYSE: RTN) $4.8 million to continue the Counter-Electronics High Power Microwave Advanced Missile, known as CHAMP, aboard the Conventional Air-Launched Cruise Missile CHAMP is a non-kinetic payload that can disable adversaries' electronic systems. As part of the contract, Raytheon Missile Systems Ktech will re... 
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03/18/16US Air Force awards Raytheon $573 million to continue building AMRAAM
Missile work will be completed in Tucson by early 2019 TUCSON, Ariz., March 18, 2016 /PRNewswire/ -- The U.S. Air Force has awarded Raytheon Company (NYSE: RTN) a $573 million contract modification to exercise the option on a previously awarded contract for Advanced Medium Range Air-to-Air Missiles (AMRAAM). Work will be performed in Tucson, Arizona, and is expected to be complete by February 2019. About AMRAAM AMRAAM is a combat-proven missile that has demonstrated operational fl... 
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03/18/16Raytheon Canada Limited chosen to enhance Royal Canadian Navy crew safety
Naval Remote Weapon Stations provide flexible and innovative mission support CALGARY, Alberta, March 18, 2016 /PRNewswire/ -- Raytheon Canada Limited, a subsidiary of Raytheon Company (NYSE: RTN), has been awarded a contract to install up to 58 Naval Remote Weapon Stations (NRWS) on Royal Canadian Navy surface vessels. The NRWS is a mission-proven solution that replaces manually operated stations with technologies that allow for remote operations. Remote operations enhance crew safety... 
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03/17/16Patriot, one; ballistic missile, zero
Upgraded air and missile defense system destroys tactical ballistic missile target with interceptor mix in latest test WHITE SANDS MISSILE RANGE, N.M., March 17, 2016 /PRNewswire/ -- The newly upgraded Raytheon (NYSE: RTN) Patriot Integrated Air and Missile Defense system has again proven that it can destroy a ballistic missile with different kinds of interceptors fired in rapid succession. The combat-proven Patriot system, ... 
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03/16/16New Raytheon software translates modern weapons for legacy aircraft
'Envoy' software enables easy integration, lowers costs and complications of upgrades TUCSON, Ariz., March 16, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has developed the Envoy™ software solution to quickly and affordably integrate newer weapons onto legacy aircraft. Integration of non-Universal Armament Interface (UAI) weapons was previously expensive and time consuming, requiring changes to aircraft operational flight programs – a very costly process that can take years. Envoy... 
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03/16/16Raytheon to offer new long-range missile for U.S. Army fires requirement
Long-Range Precision Fires weapon increases affordability, speed, range and power in smaller design HUNTSVILLE, Ala., March 16, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will offer a new missile design to meet the U.S. Army's Long-Range Precision Fires (LRPF) requirement to replace current army tactical missile system weapons. "Our LRPF design will provide the U.S. Army with double the combat power of its ground launchers by utilizing a new design that fits two missiles in a sing... 
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03/14/16Raytheon to display groundbreaking new Patriot radar at the Winter Association of the United States Army trade show
Futuristic technology enables 360-degree capability to proven Patriot platform HUNTSVILLE, Ala., March 14, 2016 /PRNewswire/ -- The world's newest missile defense radar is gearing up for a road trip.  Raytheon Company [NYSE: RTN] funded, developed and built a new Gallium Nitride (GaN) powered Active Electronically Scanned Array main antenna for the combat-proven Patriot Air and Missile Defense System.  Raytheon will exhibit its prototype Patriot full-scale, GaN-based AESA radar in the compa... 
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03/10/16Pie for Pi Day: Festivities serve up math and science fun to students nationwide
Raytheon delivers pies to Boys & Girls Clubs across the country to highlight STEM education WALTHAM, Mass., March 10, 2016 /PRNewswire/ -- No matter how they slice it, it all adds up to fun for students learning the importance of math and science. On Pi Day, March 14 (for 3.14, the value of pi) Raytheon Company (NYSE: RTN) is treating students to a celebration of the world's most famous, never-ending number. Raytheon will deliver chocolate chip cookie pies to select Boys & Girl... 
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03/08/16U. S. Navy awards Raytheon $270 million contract for Standard Missile-6 production
TUCSON, Ariz., March 8, 2016 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company $270 million to exercise fiscal 2016 options for Standard Missile-6 production and spares requirements. "U.S. Navy commanders want both capability and flexibility to meet a wide variety of missions, and that's exactly what SM-6 offers," said Mike Campisi, Standard Missile-6 senior program director. "Its use is transforming defense." Raytheon has delivered more than 250 missiles to the U.S. Navy, which depl... 
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03/07/16SM-6 shatters engagement distance record
Flight test validates missile's combat effectiveness PACIFIC MISSILE RANGE FACILITY, Hawaii, March 7, 2016 /PRNewswire/ -- Raytheon's Standard Missile-6, successfully engaged five targets and shattered its previous maximum engagement range record, set in June of 2014. This test series, supported by the Cooperative Engagement Capability, validated the tactical warfighting capability of SM-6, by demonstrating both maximum down range and a maximum cross range intercepts in over-the-horizon... 
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03/07/16Raytheon Standard Missile-6 successfully hits surface target
SM-6 air defense interceptor proves surface-to-surface engagement capability PACIFIC MISSILE RANGE FACILITY, Hawaii, Mar. 7, 2016 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Standard Missile-6 (SM-6) successfully engaged a surface target -- the decommissioned USS Reuben James (FFG 57) -- in a recent flight test. The test was a demonstration of the U.S. Navy's concept of "distributed lethality," employing ships in dispersed formations to increase the offensive might of the surface force a... 
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03/03/16The 2016 National Collegiate Cyber Defense Competition kicks off
Nation's largest competition of its kind enhances skills to address workforce gap, find America's best and brightest cyber talent DULLES, Va., March 3, 2016 /PRNewswire/ -- College students from more than 180 schools across the country will start showcasing their cyber skills this week in the 2016 National Collegiate Cyber Defense Competition. The national NCCDC tournament launches regional contests in March and April; from there, teams will advance based on who best protects their computer... 
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02/25/16Raytheon and (ISC)2 Foundation offer scholarships to encourage college women to pursue cybersecurity degrees
Initiative to foster more female experts in burgeoning field DULLES, Va., Feb. 25, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and (ISC)2 Foundation will offer $90,000 in new scholarship programs and paid internships over three years to encourage women to pursue cybersecurity degrees. "Not only is there a deep cybersecurity talent gap that threatens our national security, there is also a distinct gender gap between men and women when it comes to cyber career exposure and awareness,... 
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02/22/16Raytheon team to deliver next-generation jet trainer
Finmeccanica, CAE USA and Honeywell join Raytheon to provide fully integrated solution WASHINGTON, Feb. 22, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is offering an integrated, next-generation training solution for the U.S. Air Force's Advanced Pilot Training competition. Raytheon, one of the world's preeminent training and avionics companies, is the prime contractor, with principal partners Finmeccanica, CAE USA and Honeywell Aerospace. "The success of our nation's future pilo... 
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02/22/16Raytheon, Entrada Combine Innovative Technologies to Improve Clinical Documentation
State-of-the-art speech-to-text technology and mobile productivity platform will streamline workflow, improve patient records' quality CAMBRIDGE, Mass., Feb. 22, 2016 /PRNewswire/ -- Caregiver and practice efficiency for new clinical documentation will be maximized when Entrada's mobile productivity platform is integrated with Raytheon BBN Technologies' world class speech-to-text technology. This combination of clinical workflow, cloud-based mobile solutions and speech recognition expertise... 
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02/17/16Raytheon, Boys & Girls Clubs of America inspire more girls to study engineering
Volunteers to host hands-on learning activities for girls across the U.S. WALTHAM, Mass., Feb. 17, 2016 /PRNewswire/ -- Women represent only 13 percent of the engineering workforce in the United States. With that imbalance in mind, Raytheon (NYSE: RTN) has teamed up with Boys & Girls Clubs of America to introduce more girls to the field of engineering and the career options it offers. During Engineers Week, Feb. 21-27, Raytheon, a sponsor of DiscoverE 'Girl Day,' will host events ... 
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02/17/16Raytheon joins international partnership on cybersecurity
Company sponsors cyber-focused UAE Security Forum and university Cyber Academy DULLES, Va., Feb. 17, 2016 /PRNewswire/ -- Raytheon (NYSE: RTN) will conduct a week of cybersecurity events in the United Arab Emirates as it partners with government leaders to help build the nation's cyber defense expertise. "As a global leader in cybersecurity with more than three decades of experience, I believe we have the responsibility to help address this international security ch... 
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02/16/16US Army awards Raytheon $31.8 million contract for continued Excalibur production
Company will provide 464 extended-range precision projectiles TUCSON, Ariz., Feb. 16, 2016 /PRNewswire/ -- The U.S. Army awarded Raytheon Company (NYSE: RTN) a $31.8 million contract to produce and deliver 464 Excalibur Ib extended-range precision projectiles. In full-rate production since mid-2014, Excalibur Ib has revolutionized cannon artillery, making it possible to engage targets precisely at long ranges. Excalibur is the longest-range, most precise, cannon-fired projectile in th... 
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02/15/16JSOW C-1 gliding weapon scores direct hit in first operational test
Test validates Raytheon-built JSOW performance against varied targets CHINA LAKE, Calif., Feb. 15, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy have conducted a successful operational test of the new Joint Standoff Weapon (JSOW) C-1 gliding, precision-guided weapon. Conducted in a challenging flight environment, the test further demonstrated the capabilities of JSOW C-1 against a broad set of land targets.   Launched from an F/A-18F Super Hornet at approximately 29... 
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02/10/16Raytheon performance, deliveries continue for Zumwalt
Systems sail through sea trials TEWKSBURY, Mass., Feb. 10, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN), the prime mission-systems equipment integrator for the DDG 1000 Zumwalt-class destroyer program, continues its strong performance, supporting the government-industry team as ships progress toward delivery. Raytheon systems performed well during DDG 1000's Alpha Trials, a week-long, at-sea exercise that demonstrated key ship capabilities, including the Total Ship Computing Envir... 
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02/05/16Raytheon to complete modernization of air traffic control system throughout the National Air Space
FAA awards Raytheon $135 million contract for final phase of STARS platform implementation DULLES, Va., Feb. 5, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $135 million Federal Aviation Administration contract modification to upgrade air traffic control systems at the final 22 airports of the Standard Terminal Automation System, known as STARS. Implementation of STARS at these 22 sites will complete the NextGen terminal automation modernization of every major FAA Na... 
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02/04/16Raytheon partners with Totara Learning to offer flexible, innovative learning management technology and services
DALLAS, Feb. 4, 2016 /PRNewswire/ -- Raytheon Professional Services (RPS) LLC, a subsidiary of Raytheon Company (NYSE: RTN) will join the Totara Partner Network to offer an expanded portfolio of learning management technology and services. Totara technology will be offered together with RPS' unique suite of services for learning management systems, known as Raytheon Flex Learning Management Services. The Totara open source platform is easy to install and migrate, delivers reduced network cost... 
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02/02/16Future drones, planes, missiles no match for new Raytheon radar
Raytheon's gallium nitride-based AESA Patriot radar completes key milestones ANDOVER, Mass., Feb. 2, 2016 /PRNewswire/ -- Air and missile defense is about to get better.  Raytheon Company (NYSE: RTN) recently completed a series of company-funded milestones to upgrade the combat-proven Patriot Air and Missile Defense System. The projected upgrade delivers 360-degree capability and keeps Patriot ahead of increasingly more sophisticated threats, such as aircraft, drones, and cruise and ballist... 
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01/28/16Raytheon kill vehicle succeeds in developmental flight test
Mission validates thruster redesign for enhanced ballistic missile defense VANDENBERG AIR FORCE BASE, Calif., Jan. 28, 2016 /PRNewswire/ -- A Raytheon Company (NYSE: RTN) Exoatmospheric Kill Vehicle (EKV) successfully completed a data-gathering mission during a Missile Defense Agency flight test. The mission's objective was to observe in-flight performance of redesigned components and gain valuable information on evolving threat classes. EKVs are designed to destroy incoming ballistic t... 
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01/28/16Raytheon awarded $564 million contract for Joint Polar Satellite System instruments
Company will build two sensor suites for polar orbital missions EL SEGUNDO, Calif., Jan. 28, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $564 million contract modification award from NASA for two satellite sensors as part of the National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System (JPSS) Polar Follow-On missions. The Visible Infrared Imaging Radiometer Suite (VIIRS) sensors are for two satellites in the series, Polar Follow-On /JPSS-... 
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01/28/16Raytheon Reports Solid Fourth Quarter and Full-Year 2015 Results
- Strong bookings of $7.9 billion in the quarter and $25.2 billion for the year; book-to-bill ratio of 1.09 for the year - Fourth quarter net sales of $6.3 billion, up 3 percent; full-year net sales of $23.2 billion, up 2 percent - Fourth quarter EPS from continuing operations of $1.85; full-year EPS from continuing operations of $6.75 - Solid operating cash flow from continuing operations of $813 million in the quarter and $2.3 billion for the year after a $200 million pretax discretio... 
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01/22/16NASA recognizes Raytheon for small business support
Agency names Raytheon as Large Business Prime Contractor of the Year at Johnson Space Center JOHNSON SPACE CENTER, Texas, Jan. 22, 2016 /PRNewswire/ -- The National Aeronautics and Space Administration has selected Raytheon Company (NYSE: RTN) as the 2015 Large Business Prime Contractor of the Year at the Johnson Space Center. NASA honored the company for its high-tech execution of partnerships with small businesses in its contract supporting human spaceflight at JSC. NASA's Office of S... 
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01/21/16DARPA taps Raytheon to make infantry squads more adaptive, aware and effective
$2.5 million contract to develop lightweight systems to enhance capabilities in complex environments TUCSON, Ariz., Jan. 21, 2016 /PRNewswire/ -- DARPA, the U.S. Department of Defense's advanced research and technology branch, has awarded a $2.5 million, Phase One contract to Raytheon Company (NYSE: RTN) to develop new technologies to boost the effectiveness and safety of infantry squads. The contract was awarded under DARPA's Squad X Core Technologies (SXCT) program, which is designed t... 
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01/20/16Award-winning Raytheon programs help inspire students in Colorado Springs
MathAlive! interactive exhibit and Engineering is Elementary grant provide science, technology, engineering and math (STEM) education COLORADO SPRINGS, Colo., Jan. 20, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is bringing the national award-winning educational programs MathAlive! and Engineering is Elementary® to Colorado Springs in January.     "Raytheon is working to build the future by inspiring the next generation of scientists and engineers," said Todd Probert, vice presiden... 
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01/20/16Raytheon's enhanced Coyote UAV flies into hurricanes for NOAA
Small, unmanned vehicles will track data and keep researchers out of harm's way TUCSON, Ariz., Jan. 20, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is providing its enhanced Coyote® Unmanned Air System to the National Oceanic and Atmospheric Administration for hurricane tracking and modeling, giving researchers an unprecedented perspective from inside storms that build in the Atlantic Ocean. The Coyote is a small, expendable UAS that can be tube-launched from a host vehicle on the gro... 
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01/19/16Raytheon Company to release 2015 fourth quarter and full-year results on Jan. 28, 2016
WALTHAM, Mass., Jan. 19, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its 2015 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 28, 2016. The release will be posted on Raytheon's website. The 2015 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 28, 2016. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for ... 
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01/14/16Successes -- and hardware -- stack up for Raytheon's AMDR
Development and testing on track for DDG 51 Flight III TEWKSBURY, Mass., Jan. 14, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced its AN/SPY-6(V) Air and Missile Defense Radar (AMDR) team has completed the first full radar array, fully populated with component Line Replaceable Units (LRUs), including more than 5,000 Transmit/Receive elements, in 140 days. In less than two years, the radar has been designed, built and transitioned to test; the Engineering and Manufacturing Develo... 
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01/13/16Raytheon completes active seeker test for Tomahawk cruise missile
Flight test demonstrates seeker's capability against land and sea targets TUCSON, Ariz., Jan. 13, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a successful captive flight test of a seeker designed for the Tomahawk Block IV cruise missile. The seeker will enable Tomahawk to engage moving targets on land and at sea. Using company-funded, independent research and development, the test was conducted with a modified Tomahawk missile nose cone mounted on a T-39 test aircraft a... 
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01/13/16Raytheon BBN Technologies Advances in Office of Naval Research STEM Grand Challenge
Company-developed artificial intelligence system is already teaching high school physics CAMBRIDGE, Mass., Jan. 13, 2016 /PRNewswire/ -- Raytheon BBN Technologies will advance to the second phase in the Office of Naval Research (ONR) Science, Technology, Engineering, and Mathematics (STEM) Grand Challenge, a competition to develop adaptive intelligent tutors. Four teams competed in the first phase, each developing an intelligent tutoring system for a specific purpose. Raytheon BBN's entr... 
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01/12/16Raytheon marks 20 years of Cooperative Engagement Capability deployment
Providing the 'big picture' for naval forces worldwide TEWKSBURY, Mass., Jan. 12, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has achieved a significant milestone, marking its 20th year of Cooperative Engagement Capability deployment onboard U.S. Navy surface ships. CEC has enhanced situational awareness and air and missile defense capabilities since certification in 1996. CEC brings together multiple sensors to provide high quality situational awareness and integrated fire contro... 
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01/11/16Raytheon and Student Veterans of America to award five $10,000 scholarships to veterans
Applications for 2016 scholarships are now being accepted WALTHAM, Mass., Jan. 11, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with the nonprofit Student Veterans of America (SVA), is now accepting applications for the 2016 Raytheon – SVA Scholarships. Raytheon and SVA will award five $10,000 scholarships to student veterans who have demonstrated leadership in their local communities and are pursuing undergraduate or graduate degrees in engineering or cybersecurity. ... 
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01/04/16Raytheon awarded $255 million for DDG 1002
TEWKSBURY, Mass., Jan. 4, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $255,281,689 fixed-price-incentive firm target modification to a previously awarded contract to procure mission system equipment for the future USS Lyndon B. Johnson (DDG 1002). This contract modification includes options which, if exercised, would bring the cumulative value of this award to $349,243,022.  Work will be performed in Portsmouth, Rhode Island (40 percent); Andover, Massachusetts (25 p... 
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This page contains press releases issues in the past by Raytheon and is being provided for your information only. On the date released, some of the contents may have contained statements that were then "forward-looking statements" based upon then current expectations, forecasts and assumptions that involved risks and uncertainties, then enumerated by Raytheon, that could cause actual outcomes and results to differ materially. Raytheon disclaims any intention or obligation to update or revise the contents of this page, including but not limited to, any forward-looking statements made at the time the information was first released, whether as a result of new information, future events or otherwise.