|08/18/14||Raytheon Receives Arbitration Award relating to the eBorders Program|
|WALTHAM, Mass., Aug. 18, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today its receipt of a decision in the arbitration between Raytheon Systems Limited (RSL, which is also known as Raytheon UK) and the United Kingdom Home Office relating to the eBorders program. The Arbitration Tribunal found that the Home Office had unlawfully terminated RSL for default in 2010 and therefore had repudiated the eBorders contract. The Tribunal denied all Home Office claims for damages and clawba... |
|08/13/14||Raytheon awarded $130 million to convert Massachusetts to electronic highway tolling system|
|Travelers can expect quicker and more convenient tollway experience
TEWKSBURY, Mass., Aug. 13, 2014 /PRNewswire/ -- The Massachusetts Department of Transportation awarded Raytheon Company (NYSE: RTN) a $130 million contract for an All Electronic Tolling System (AETS). Raytheon and a team of Massachusetts-based companies will convert and replace all manual cash and electronic toll collection systems with an advanced system that will automatically toll vehicles as they travel under a gantry s... |
|08/13/14||Raytheon Awarded $11 million to develop directed energy technology for light vehicle deployment|
|U.S. Marine Corps field testing vehicle-based laser weapons
EL SEGUNDO, Calif., Aug. 13, 2014 /PRNewswire/ -- Laser weapon systems moved a step closer to reality with the award of an $11 million contract to Raytheon Company (NYSE: RTN). Under an Office of Naval Research program, Raytheon will develop a vehicle-based laser device capable of defeating low-flying threats such as enemy drones.
The Ground Based Air Defense (GBAD) Directed Energy On-the-Move Future Naval Capabilities program c... |
|08/12/14||Raytheon and UMass Lowell establish institute to inspire technology innovations and knowledge sharing|
|New joint research facility to become epicenter of academic and industry collaboration
TEWKSBURY, Mass., Aug. 12, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the University of Massachusetts Lowell have announced an agreement to establish a joint research facility focused on the advancement of innovative technologies in a collaborative, state-of-the-art institute. Raytheon is committing $3 million with options to $5 million throughout the next 10 years for establishment of this resea... |
|08/04/14||Raytheon to Showcase Broad Cyber Product Portfolio at Black Hat 2014|
|Insider Threat, Data Analytics, Mobile and Advanced Threat Protection Solutions on Display (Booth #627)
DULLES, Va., Aug. 4, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will demonstrate its wide breadth of cybersecurity products and latest research in booth #627 in the business hall at the Black Hat Conference taking place August 2-7 at the Mandalay Bay in Las Vegas. Black Hat attracts approximately 150 vendors and more than 7,500 of the world's most renowned security experts, executi... |
|07/31/14||Excalibur Ib enters full rate production and receives $52 million award|
|TUCSON, Ariz., July 31, 2014 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Excalibur Ib precision guided projectile has entered full rate production (FRP). U.S. Army approval of FRP completes Excalibur Ib's low rate initial production phase. Additionally, the U.S. Army has awarded Raytheon $52 million for continued Excalibur Ib production.
"The full rate production decision is the culmination of superb teamwork between the U.S. Army and Raytheon," said Lieutenant Colonel Josh Walsh, U.S. Ar... |
|07/31/14||Raytheon fires four TALON Laser-Guided Rockets from MD 530G helicopter|
|Tests demonstrate TALON's multi-platform capability
TUCSON, Ariz., July 31, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and MD Helicopters, Inc. successfully fired four TALON laser guided rockets from the MD 530G armed aerial scout (AAS) helicopter during a series of tests at Yuma Proving Ground, Ariz.
"This test further demonstrates the maturity of the TALON Laser Guided Rocket weapon system as a complement to MD's AAS platform," said Darryl Kreitman, Raytheon TALON program direc... |
|07/30/14||Royal Australian Air Force scores direct hit with JSOW C|
|Latest test validates weapon's capability against hardened targets
TUCSON, Ariz., July 30, 2014 /PRNewswire/ -- The Royal Australian Air Force (RAAF) successfully tested a Raytheon Company (NYSE: RTN) Joint Standoff Weapon C (JSOW C) against a hardened wall target at the RAAF Woomera Test Range. Launched from an F/A-18F Super Hornet at an operationally representative stand-off range and altitude of 25,000 feet, the JSOW C scored a direct hit.
The RAAF test marked the third successful emp... |
|07/29/14||The U.S. Army, GM and Raytheon partner on advanced training initiative for soldiers returning to civilian life|
|'Shifting Gears' equips transitioning soldiers with skills to become GM automotive technicians
ARLINGTON, Va., July 29, 2014 /PRNewswire/ -- The U.S. Army, General Motors (NYSE: GM) and Raytheon Company (NYSE: RTN), today announced they are teaming up to provide eligible transitioning Army soldiers with skills to become service technicians at GM dealerships after they return to civilian life.
The Shifting Gears: Automotive Technician Training Program, a multi-year partnership between the... |
|07/29/14||DDG 1000 critical capabilities advance, bringing the next-generation destroyer to life|
|Raytheon continues to achieve key program milestones
TEWKSBURY, Mass., July 29, 2014 /PRNewswire/ -- The DDG 1000 Zumwalt-class destroyer program continues to progress, meeting key program milestones on the path to Initial Operational Capability (IOC). As the prime mission systems integrator for the DDG 1000 ship class, Raytheon (NYSE: RTN) provides the multi-mission, integrated combat system capability for the program. Raytheon's recent program milestones have advanced critical mission sys... |
|07/29/14||Tracy A. Atkinson elected to Raytheon Board of Directors|
|WALTHAM, Mass., July 29, 2014 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected Tracy A. Atkinson as a director effective immediately.
Ms. Atkinson, 49, currently serves as executive vice president, finance, of State Street Corporation. In that role, she is responsible for State Street's treasury, investor relations, business unit finance and structured products groups. From 2009 to 2010, she served as executive vice president and chief compliance officer, a... |
|07/28/14||William H. Swanson to retire as Chairman of the Raytheon Board of Directors; Thomas A. Kennedy elected Chairman of the Raytheon Board of Directors effective October 1, 2014|
|WALTHAM, Mass., July 28, 2014 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected Thomas A. Kennedy, age 59, as Chairman of the Board of Raytheon Company effective October 1, 2014. This action follows notice to the Board by William H. Swanson, Raytheon's current Chairman of the Board, of his retirement from the Company effective September 30, 2014.
Mr. Swanson has served as Chairman of the Board since January 2004. He joined Raytheon Company in 1972 and has... |
|07/28/14||Poland's TELDAT signs Letter of Intent with Raytheon|
|Companies explore partnership opportunities in hardware, software and systems engineering
TEWKSBURY, Mass., July 28, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) signed a Letter of Intent with Poland's TELDAT to cooperate in mutually beneficial business opportunities related to Poland's air defense architecture, as well as significant exports to global markets. The companies will examine areas for partnership in the following categories:
IP-based networking solutions, software an... |
|07/24/14||Raytheon Reports Solid Second Quarter 2014 Results|
|-- Strong bookings of $6.8 billion; book-to-bill of 1.19
-- Net sales of $5.7 billion
-- Reported operating margin of 13.3 percent; Adjusted Operating Margin1 of 11.8 percent
-- EPS from continuing operations of $1.59; Adjusted EPS1 of $1.41
-- Solid operating cash flow from continuing operations of $153 million
WALTHAM, Mass., July 24, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced second quarter 2014 EPS from continuing operations of $1.59 compared to $1.50 in the... |
|07/23/14||Raytheon completes key Air & Missile Defense Radar reviews|
|Technology risks retired, AMDR on track for DDG 51 Flight III
TEWKSBURY, Mass., July 23, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed two critical program reviews for the new Air and Missile Defense Radar (AMDR), the U.S. Navy's next generation integrated air and ballistic missile defense radar. Successful completion of the hardware Preliminary Design Review and the Integrated Baseline Review are both key milestones of the Navy's acquisition plan and highlight the maturity of... |
|07/23/14||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., July 23, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.605 per outstanding share of common stock. The cash dividend is payable on October 30, 2014, to shareholders of record as of the close of business on October 1, 2014.
Raytheon Company, with 2013 sales of $24 billion and 63,000 employees worldwide, is a technology and innovation leader specializing in defense, secur... |
|07/18/14||U.S. team captures Silver in 2014 International Rocketry Challenge|
|Raytheon-sponsored team from Canton, Ga., wins second place in student rocketry challenge at the Farnborough International Air Show
LONDON, July 18, 2014 /PRNewswire/ -- Five students from Creekview High School of Canton, Ga., took home silver medals in the seventh annual International Rocketry Challenge at the Farnborough International Air Show. The U.S. team, sponsored by Raytheon (NYSE: RTN), won second place, while the French team captured first and the U.K. team took third.
|07/17/14||Raytheon demonstrates enhanced capability for Mobile Range™ system|
|Portable test range now features improved reception and tracking
LONDON, July 17, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) showcased a new tri-band telemetry antenna on the company's Mobile Range system during a Joint Advanced Missile Implementation (JAMI) demonstration at Naval Base Ventura County, Pt. Mugu, California. The event highlighted new technologies that will soon become the backbone of test ranges worldwide.
Raytheon's Mobile Range is an integrated suite of communicat... |
|07/17/14||Raytheon to provide torpedo integration on Alenia Aermacchi aircraft for Turkish Navy|
|LONDON, July 17, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will serve as weapons integrator for Italian aircraft manufacturer Alenia Aermacchi, providing 31 months of engineering services support for integration of MK 54 and MK 46 torpedoes onto the Alenia Aermacchi ATR-72-600ASW maritime patrol aircraft.
Raytheon received a $5.7 million contract to support Alenia Aermacchi's test, integration and qualification for the external carriage and tactical employment of the lightweight t... |
|07/16/14||Raytheon and Pannesma name board members for joint venture operation in the Kingdom of Saudi Arabia|
|LONDON, July 16, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Pannesma Company Limited today announced the board members of the Raytheon Atheeb Systems Limited (RASL) Joint Venture company in the Kingdom of Saudi Arabia. The Joint Venture agreement builds upon Raytheon's and Pannesma's long-standing, successful partnership of more than 20 years and their ongoing commitment to support and expand the Saudi Arabian industrial, technology and educational base. Company ownership is Raytheon ... |
|07/16/14||US Army awards Raytheon $235.5 million contract for Patriot|
|Radar Digital Processor upgrades boost Patriot radar capabilities
LONDON, July 16, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $235.5 million contract for Radar Digital Processor (RDP) kits to upgrade the combat-proven Patriot Air and Missile Defense System for the US and two partner nations.
Awarded by the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., this full rate production contract for the US will deliver significant benefits to the warfighter ... |
|07/15/14||Raytheon Company to release second quarter 2014 results on July 24, 2014|
|WALTHAM, Mass., July 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its second quarter 2014 earnings news release at 7 a.m. EDT Thursday, July 24, 2014. The release will be posted on Raytheon's website.
The second quarter 2014 earnings results conference call will be at 9 a.m. EDT Thursday, July 24, 2014. 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.
|07/15/14||SM-6 destroys longest range cruise missile target to date|
|LONDON, July 15, 2014 /PRNewswire/ -- During the first-ever SM-6 flight tests from a destroyer class ship equipped with Aegis Baseline 9, a Raytheon Company (NYSE: RTN) Standard Missile-6 destroyed a cruise missile target (BQM-74) at near the missile's maximum range.
The USS John Paul Jones achieved the milestone while executing a series of three SM-6 flight tests designed to test the missile against subsonic, low altitude target drones (BQM-74) in over-the-horizon test scenarios. All three t... |
|07/15/14||Raytheon and Kongsberg team to provide air-launched Offensive Anti-Surface Warfare solutions|
|LONDON, July 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Kongsberg Gruppen have formed a teaming agreement to provide new solutions for the Offensive Anti-Surface Warfare (OASuW) mission. As a centerpiece of the agreement, the companies will develop the Joint Strike Missile (JSM) for air-launched OASuW applications.
The Joint Strike Missile is already funded for development for the Royal Norwegian Air Force at a time when the United States Navy is considering cost-effective sol... |
|07/15/14||Raytheon demonstrates successful prototyping of AESA/GaN technologies into Patriot radar|
|Game changing technology to enable 360 coverage, increase performance and reliability, and lower life cycle costs
TEWKSBURY, Mass., July 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) demonstrated their successful prototyping of Active Electronically Scanned Array (AESA) and Gallium Nitride (GaN) technologies into the US Patriot Air and Missile Defense System radar. In addition to enabling future 360 sensor coverage, these technologies will significantly increase the defended area an... |
|07/15/14||SM-6 successfully intercepts supersonic target|
|Program moves one step closer to full operational capability
LONDON, July 15, 2014 /PRNewswire/ -- The USS John Paul Jones (DDG 53) used a Raytheon Company (NYSE: RTN) Standard Missile-6 to destroy a supersonic high altitude target drone (AQM-37). The test moves the program one step closer to full operational capability.
Deployed for the first time in December 2013, SM-6 provides the U.S. Navy extended range protection against fixed- and rotary-wing aircraft, unmanned aerial vehicles and... |
|07/14/14||Raytheon UK outlines plans for RAF Sentinel's capability beyond 2015|
|LONDON, July 14, 2014 /PRNewswire/ -- Raytheon UK has detailed its plans for supporting the UK Ministry of Defence (MoD) in its requirement to extend the capability of the RAF Sentinel beyond its proposed out-of-service date of 2015.
The current plans for the lifetime extension through 2018 of Sentinel capability will see a number of key investments to both maintain current capability and the delivery of potential improvements to support a broader utilisation of the platform. These improvem... |
|07/14/14||US Air Force awards Raytheon $80 million for MALD-J|
|LONDON, July 14, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an $80,768,012 firm-fixed-price and cost-plus-fixed-fee contract for the Lot 7 Miniature Air Launched Decoy Jammer (MALD-J) missile (200 each) to include: data, mission planning, process verification program, and operational flight software.
Work will be performed in Tucson, Arizona, and is expected to be completed by June 30, 2016. This award is a result of a sole-source acquisition.
Fiscal 2012, 2013 an... |
|07/14/14||Small Diameter Bomb II program steps up integration activity|
|F-35, F/A-18E/F, F-16 activities have begun
LONDON, July 14, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN), the U.S. Navy, and the U.S. Air Force have begun Small Diameter Bomb II (SDB II) integration activities on the F-35, F/A-18E/F, and F-16 aircrafts. Preliminary SDB II fit checks and pit tests have been completed on the F-35, supporting the Joint Strike Fighter's ability to carry eight SDB IIs internally.
Following a successful fit check on the F/A-18E/F, initial planning has ... |
|07/14/14||Raytheon SeaGriffin™ completes guided flight test with new dual-mode seeker|
|Enhanced missile will counter swarming boat threat
LONDON, July 14, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully completed the latest guided flight test of its SeaGriffin™ missile. The test further demonstrated the effectiveness of SeaGriffin's semi-active laser guidance system, and the missile's ability to capture images from a newly-added imaging infrared seeker (IIR).
During the Raytheon-funded test, a SeaGriffin missile, launched from an integrated surface launch s... |
|07/13/14||US Army airborne radio upgrade allows more data sharing for thousands of Chinooks, Apaches, Black Hawks|
|Software demo highlights legacy system compatibility and increased security
LONDON, July 13, 2014 /PRNewswire/ -- Thanks to Raytheon Company (NYSE: RTN), the U.S. Army helicopter fleet will benefit from the first major radio system upgrade since 2005. The radios will meet the government's data security requirements and work seamlessly with legacy communications systems, making installation easy and saving millions in integration costs.
In a recent software demonstration at the Army's Re... |
|07/13/14||US Air Force fires two AMRAAMs from next-generation fighter|
|Test marks first dual AMRAAM shots from any F-35 variant
LONDON, July 13, 2014 /PRNewswire/ -- A U.S. Air Force pilot successfully fired two Raytheon Company (NYSE: RTN) AIM 120 Advanced Medium Range Air-to-Air Missiles from an F-35B fighter aircraft. The missiles tracked and engaged two aerial targets during a Weapon Delivery Accuracy mission in Southern California. The test marked the first dual AMRAAM shot from any F-35 variant, and the first live AMRAAM shot from the F-35B.
|07/09/14||US Air Force GPS technology exceeds technical requirements in critical test|
|Raytheon GPS receiver demonstrates advanced anti-jamming, high-security capabilities of new Military-code signal
EL SEGUNDO, Calif., July 9, 2014 /PRNewswire/ -- The U.S. Air Force has demonstrated successful operation of its next-generation Military-code GPS signal in a jamming environment using a Raytheon Company (NYSE: RTN) receiver.
In a recent test, the Raytheon-built Miniaturized Airborne GPS Receiver 2000 (MAGR2K) maintained GPS satellite tracking and provided accurate navigation... |
|07/03/14||Raytheon awarded $163 million AMRAAM contract|
|Work will be completed in Tucson by 2017
TUCSON, Ariz., July 3, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $163,223,113 fixed-price/fixed-price-incentive/cost-plus-incentive contract for Advanced Medium Range Air-to-Air Missiles (AMRAAM) Program Support and Sustainment (PSAS).
The PSAS contract provides sustaining engineering, program management, contractor logistics support and accomplishes the diminishing manufacturing sources and material shortage tasks of extend... |
|07/02/14||Raytheon to award student veterans $30,000 in scholarships|
|Student Veterans of America aligned with STEM career opportunities
WALTHAM, Mass., July 2, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Student Veterans of America (SVA) will open the application process for the Raytheon-SVA Scholarship July 4, 2014, to be presented to three student veterans pursuing undergraduate or graduate degrees in engineering fields and who have demonstrated leadership in their local communities. Three $10,000 scholarships will be awarded, for a total commitm... |
|07/02/14||Raytheon ready for takeoff at Farnborough International Airshow|
|Will showcase advanced weapons, missile defense technology
WALTHAM, Mass., July 2, 2014 /PRNewswire/ -- Precision weapons, advanced gunfire detectors, tiny jammers and a bus-size radar that tracks missiles as they hurtle through space will all be part of Raytheon Company's (NYSE: RTN) technology showcase at the July 14-20 Farnborough International Airshow in England.
A global defense and technology company having done business in 80 countries – and leading the defense secto... |
|06/30/14||Naval Legends and the Next Generation of Innovators: Introducing the First Recipient of the Raytheon-Zumwalt Scholarship|
|TEWKSBURY, Mass., June 30, 2014 /PRNewswire/ -- In selecting an icon for younger generations to emulate, one has to look no further than Admiral Elmo R. Zumwalt, Jr. The Admiral, who in his role as Chief of Naval Operations, was a transformational leader widely recognized for modernizing the U.S. Navy.
To view the multimedia assets associated with this release, please click:
|06/26/14||Small Diameter Bomb II nears end of development phase|
|Latest flight tests move program closer to production
TUCSON, Ariz., June 26, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force concluded a series of flight tests for the Small Diameter Bomb II culminating in direct hits on stationary land targets. The successful tests further position the SDB II program to move from engineering, manufacturing, development phase to low rate initial production.
Using upgraded hardware and electronics during extended periods of fligh... |
|06/24/14||U.S. Army places blimp-borne radar in strategic readiness|
|Raytheon completes preparing JLENS radar for contingency deployment
TEWKSBURY, Mass., June 24, 2014 /PRNewswire/ -- Should the U.S. or its allies need enhanced protection against cruise missiles, hostile airplanes, sea-borne threats or unmanned aircraft, military commanders will have a new system at their disposal. Raytheon Company (NYSE: RTN) has finished preparing a blimp-borne radar system previously used for testing, for use as a rapidly deployable strategic asset.
JLENS is a powerf... |
|06/22/14||Raytheon kill vehicle destroys complex, long-range ballistic missile target in space|
|VANDENBERG AIR FORCE BASE, Calif., June 22, 2014 /PRNewswire/ -- During a Missile Defense Agency test of Boeing's Ground-based Midcourse Defense (GMD) system, Raytheon Company's (NYSE: RTN) Exoatmospheric Kill Vehicle (EKV) destroyed a complex, long-range ballistic missile target in space.
It was the ninth intercept for the GMD program, which is designed to protect the U.S. against long-range ballistic missile attack by destroying incoming threats outside of the Earth's atmosphere.
"This t... |
|06/17/14||Raytheon Honors Supplier Excellence from Around the Globe|
|Over 180 partners recognized for exceptional performance in 2013
TEWKSBURY, Mass, June 17, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) recognized the exceptional performance of over 180 supplier partners that support the company's Integrated Defense Systems (IDS) business unit. Honored at IDS' annual Supplier Excellence Awards event, suppliers from around the globe were recognized with 3-, 4- and 5-Star awards, measured on quality standards, on-time delivery, process improvement init... |
|06/17/14||Advanced shooter detection technology to protect US power plants|
|Raytheon BBN Technologies' Boomerang system selected for multiple utility sites
CAMBRIDGE, Mass., June 17, 2014 /PRNewswire/ -- Raytheon BBN Technologies' Boomerang, originally developed for the U.S. Army, will provide shooter detection capabilities at multiple utility sites in the mid-Atlantic region of the U.S.
Boomerang is the most widely fielded gunshot detection system in the world, with more than 10,000 systems deployed globally. Raytheon BBN Technologies is making the Boomerang s... |
|06/16/14||Norway goes four-for-four with Raytheon's NASAMS|
|Tests further validate surface-launched AMRAAM's role in ground-based air defense
PARIS, June 16, 2014 /PRNewswire/ -- The Royal Norwegian Air Force (RNoAF) successfully fired four Raytheon Company (NYSE: RTN) Advanced Medium Range Air-to-Air Missiles (AMRAAM) from a National Advanced Surface-to-Air Missile System (NASAMS). All four AMRAAMS intercepted their airborne targets during the annual live fire exercise at the Andoya Rocket Range in Northern Norway.
"NASAMS has proven its capab... |
|06/16/14||Raytheon, Thales team to upgrade TOW missile|
|New variant will reduce cost, increase warfighter survivability
PARIS, June 16, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Thales have signed a 27-month development and five-year production agreement in support of future improvements of Raytheon's tube-launched, optically-tracked, wireless-guided (TOW) weapon system.
Thales has committed a £13.5M (~$20.2 million) investment in the design and qualification of two new TOW missile subassemblies that will address obsolescence, in... |
|06/15/14||Raytheon conducts first live fire test of Excalibur S|
|New variant guided successfully to target with laser
PARIS, June 15, 2014 /PRNewswire/ -- In a company-funded R&D initiative, Raytheon Company (NYSE: RTN) successfully fired the dual-mode GPS- and laser-guided Excalibur S for the first time. Although the Excalibur S was initialized with a GPS target location, it scored a direct hit on a different, or offset, target after being terminally guided with a laser designator.
The new variant incorporates a laser spot tracker (LST) into the ... |
|06/12/14||Poland's Bumar Elektronika and Raytheon Partner to Develop New Patriot IFF Antenna|
|Raytheon establishes another partnership with Polish defense industry
TEWKSBURY, Mass., June 12, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that it will partner with Bumar Elektronika on the design and development of a modernized Patriot Identification Friend or Foe (IFF) antenna. This new antenna is a key element of the advanced Patriot 360 degree radar proposed by Raytheon for Poland's medium-range air and missile defense system program named "WISLA." The component ... |
|06/11/14||Raytheon awarded $115.5 million Phalanx upgrade contract|
|TUCSON, Ariz., June 11, 2014 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $115.5 million contract to remanufacture, overhaul and provide upgrades to Phalanx Close-in Weapon Systems (CIWS). The CIWS is an integral element of the Navy's Fleet Defense In-Depth concept and the Ship Self-Defense Program.
Work under the contract, which was signed during the second quarter 2014, is expected to be completed by September 2017.
Close-in Defense Solutions
Phalanx is a rapid-f... |
|06/11/14||Raytheon Receives Seventh Consecutive ENERGY STAR Sustained Excellence Award|
|Company recognized for superior energy efficiency
WALTHAM, Mass., June 11, 2014 /PRNewswire/ -- The U.S. Environmental Protection Agency (EPA) has recognized Raytheon Company (NYSE: RTN) with a 2014 ENERGY STAR Partner of the Year - Sustained Excellence Award for continued leadership in protecting our environment through superior energy efficiency.
This is the seventh consecutive year Raytheon has received this specific award and the tenth time in 14 years the company ha... |
|06/04/14||Raytheon selected to demonstrate next generation, modular radar system|
|Leverages open architecture to maximize flexibility and affordability
TEWKSBURY, Mass., June 4, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $6 million study and demonstration contract by the Office of Naval Research (ONR) to further develop an Enterprise Air Surveillance Radar (EASR). Raytheon's EASR concept leverages proven Radar Modular Assembly (RMA) architecture matured on Air and Missile Defense Radar (AMDR). EASR's flexible approach meets the performance needs... |
|06/02/14||Raytheon releases 2013 Corporate Responsibility Report|
|WALTHAM, Mass., June 2, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) published its 2013 Corporate Responsibility Report, describing the company's sustained corporate responsibility focus and standard of excellence. The report can be viewed on the company's newly designed Corporate Responsibility Report website at www.raytheon.com/CRR.
"Raytheon's commitment to corporate responsibility reflects our values and our strong company culture," said Raytheon CEO Thomas A. Kennedy. "Our annual C... |
|06/02/14||Raytheon awarded $298 million for US Air Force FAB-T satellite terminal program|
|MARLBOROUGH, Mass., June 2, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $298,000,044 firm-fixed-price and cost-plus-fixed-fee modification for the Family of Advanced Beyond Line of Sight Terminals (FAB-T) Command Post Terminals (CPT) Production program.
As a result of this down-select decision, low rate initial production, full rate production and interim contractor support contract options may be exercised to deliver FAB-T CPT-Only Terminals. The Phase 2 production c... |
|05/30/14||New Raytheon Study Confirms Positive Impact of Learning Technologies on European Automotive Dealerships|
|Innovative learning solutions improve bottom line, support change and increase productivity
MILTON KEYNES, England, May 30, 2014 /PRNewswire/ -- Raytheon Professional Services (RPS) LLC, a subsidiary of Raytheon Company (NYSE: RTN), today released results and analysis from a comprehensive study of the impact of learning solutions on European automotive sales and service. The study conducted by Towards Maturity, reveals that 50 percent of automotive original equipment manufacturers (OEM) res... |
|05/29/14||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., May 29, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.605 per outstanding share of common stock. The cash dividend is payable on Aug. 7, 2014, to shareholders of record as of the close of business on July 2, 2014.
Raytheon Company, with 2013 sales of $24 billion and 63,000 employees worldwide, is a technology and innovation leader specializing in defense, security and ... |
|05/27/14||Raytheon / New England Patriots 'Science of Sports' team to participate in White House Science Fair|
|Boys & Girls Clubs of MetroWest's 'Science of Sports' Science Fair team one of a handful of teams from across the country to be honored
WALTHAM, Mass., May 27, 2014 /PRNewswire/ -- The White House will host three participants in the Raytheon / New England Patriots "Science of Sports" competition at its annual Science Fair on Tuesday, May 27, which highlights science projects from students across the nation. Youth representing Boys & Girls Clubs of MetroWest's Hudson Clubhouse are Br... |
|05/21/14||Aegis Ashore launches Standard Missile-3 for first time|
|Program on track for Romania deployment in 2015
PACIFIC MISSILE RANGE FACILITY, KAUAI, Hawaii, May 21, 2014 /PRNewswire/ -- The Missile Defense Agency conducted the first flight test of the Raytheon-made (NYSE: RTN) Standard Missile-3 from the Aegis Ashore weapon system, which is designed to protect U.S. deployed and NATO forces in Europe from ballistic missile attack.
The non-intercept scenario tested the safe launch and fly-out of an SM-3 Block IB against a simulated target; an interc... |
|05/20/14||Insider Threat survey reveals increased awareness but little action|
|Raytheon-commissioned Ponemon Institute Survey: 88 percent believe privileged user abuse will increase
DULLES, Va., May 20, 2014 /PRNewswire/ -- Despite heightened awareness of insider threats, most organizations continue to grapple with how to mitigate risks to their networks and sensitive information. According to a new report issued today by Raytheon Company (NYSE: RTN), people with access to privileged data – such as health care records, sensitive company information, intellectual prope... |
|05/20/14||Raytheon's Excalibur Ib moves closer to full rate production|
|US Army completes Initial Operational Test & Evaluation
YUMA PROVING GROUND, Ariz., May 20, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Army completed Initial Operational Test and Evaluation (IOT&E) for Excalibur Ib during a series of successful tests. This milestone moves the program one step closer to full rate production. During IOT&E, artillerymen from Fort Riley's 1st Battalion, 5th Field Artillery fired numerous Excalibur Ib rounds, scoring several targe... |
|05/19/14||Raytheon's 2theXtreme: MathAlive! Exhibition Comes to the Museum of Science, Boston|
|Interactive Activities Bring Math to Life and Help Keep Students Engaged During Summer Brain-Drain Months
WALTHAM, Mass., May 19, 2014 /PRNewswire/ -- 2theXtreme: MathAlive!®, a highly interactive traveling exhibition that has drawn record-breaking crowds across the U.S., opens Sunday, May 25, at the Museum of Science, Boston. Presented nationally by Raytheon Company (NYSE: RTN), MathAlive! helps kids have fun with math by showing them its connection to — and influence on — many of the thin... |
|05/15/14||Raytheon Missile Systems receives prestigious manufacturing award|
|Arizona Manufacturers Council honors company for excellence in innovation
TUCSON, Ariz., May 15, 2014 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems business received the 2014 Excellence in Innovation award from the Arizona Manufacturers Council during a ceremony in Phoenix. The award recognizes RMS for outstanding achievement in innovative manufacturing.
"Raytheon strives to leverage the latest technology in designing the best possible products for all of our customers... |
|05/15/14||Raytheon Canada awarded North Warning System operations and maintenance contract|
|OTTAWA, Ontario, May 15, 2014 /PRNewswire/ -- Raytheon Canada Limited (RCL), a subsidiary of Raytheon Company (NYSE: RTN), has been awarded a five year contract by Public Works and Government Services Canada for operations and maintenance of the North Warning System (NWS). The contract also includes two options totaling an additional five years.
Raytheon Canada Limited is contracted to provide operations and maintenance for the NWS and assume full care, custody and control of the NWS and its ... |
|05/13/14||Raytheon delivers 1000th Miniature Air Launched Decoy- Jammer to US Air Force|
|TUCSON, Ariz., May 13, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered the 1000th Miniature Air Launched Decoy Jammer (MALD® -J) to the U.S. Air Force as part of the Lot 5 production contract.
"The MALD program has enjoyed a perfect 33-for-33 flight test record over the past two years," said Mike Jarrett, vice president of Air Warfare Systems for Raytheon Missile Systems. "The MALD has demonstrated it can simultaneously increase the combat capability of platforms, sensors, weapon... |
|05/09/14||California 8th-grader, Swapnil Garg, crowned National Champion at 2014 Raytheon MATHCOUNTS® National Competition|
|California team captures honor as top state team - Maryland state team wins second place, Virginia team takes third
LAKE BUENA VISTA, Fla., May 9, 2014 /PRNewswire/ -- Swapnil Garg of Sunnyvale, Calif., won the 2014 Raytheon MATHCOUNTS® National Competition today at the Walt Disney World Swan and Dolphin Resort in Lake Buena Vista, Fla. The winning Mathlete® answered the following math problem in 12 seconds to be crowned the National Champion:
Question: The smallest integer of a set of c... |
|05/08/14||Raytheon's JSOW scores direct hits in back-to-back flight tests|
|Weapon destroys land targets in tactically challenging scenario
CHINA LAKE, Calif., May 8, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy showcased the operational capability of the Joint Standoff Weapon in challenging back-to-back flight tests. Launched from F/A-18F Super Hornets, at approximately 25,000 feet, two JSOW II C air-to-ground weapons flew preplanned routes before destroying simulated cave targets.
"These test shots further validate JSOW's ability to de... |
|05/07/14||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 7, 2014 /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 MathMove... |
|05/05/14||Raytheon and Petrofac debut new tropical helicopter underwater escape training at Offshore Technology Conference|
|Accredited by OPITO and accepted by Shell, new course is among first offered in North America
DALLAS, May 5, 2014 /PRNewswire/ -- Raytheon Professional Services LLC, (RPS), a subsidiary of Raytheon Company (NYSE: RTN), and Petrofac Training Services announced a first-of-its-kind offering under their jointly owned Hi-Con Training program. The new Tropical Helicopter Underwater Escape Training (THUET) course is being launched at the Offshore Technology Conference (OTC) in Houston, May 5-8, 2014... |
|05/04/14||Raytheon, US Army certify TALON Laser-Guided Rocket on Apache helicopter|
|Air worthiness release certification moves program toward operational employment
TUCSON, Ariz., May 4, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Army have completed the certification process for air worthiness release (AWR) of the TALON Laser-Guided Rocket (LGR) on the Apache AH-64D/E Attack helicopter. The AWR certification provides for potential operational employment of the TALON weapon system on U.S. Army Apaches and Apaches in international fleets.
The TALON LG... |
|05/01/14||Mathletes® gear up for the 2014 Raytheon MATHCOUNTS® National Competition|
|National title at stake as nation's brightest middle school math students come together in Orlando for thrilling Countdown Round
WALTHAM, Mass., May 1, 2014 /PRNewswire/ -- The nation's best and brightest middle school math students, better known as Mathletes®, will come together in Orlando, Fla., May 8-11 to compete for the titles of National Champion and top team in the 2014 Raytheon MATHCOUNTS® National Competition. Raytheon Company (NYSE: RTN) is title sponsor of the competition through... |
|05/01/14||Raytheon appoints Thomas A. Vecchiolla international business president|
|WALTHAM, Mass., May 1, 2014 /PRNewswire/ -- Raytheon (NYSE: RTN) announced today it has appointed Thomas A. Vecchiolla as president, Raytheon International, Inc., effective immediately.
Vecchiolla has a proven track record and extensive experience in international business development and competitive pursuits. In his new role, he will be responsible for leading Raytheon's international business team worldwide. Vecchiolla will report to John Harris, vice president, business development, Rayth... |
|04/30/14||Raytheon recognized by TrainingIndustry.com as Top 20 Training Outsourcing Company|
|Company named to list for seventh consecutive year
DALLAS, April 30, 2014 /PRNewswire/ -- Raytheon Professional Services LLC, a subsidiary of Raytheon Company (NYSE: RTN), announced today its recognition as a "2014 Top 20* Training Outsourcing Company" by TrainingIndustry.com. The Top 20 list honors leading training outsourcing companies for their consistent, high quality services and comprehensive capabilities.
Companies must meet specific criteria for eligibility, including breadth and... |
|04/29/14||Raytheon developing the world's most advanced digital radar|
|Flexible, reconfigurable, multi-mission aperture to revolutionize radars
TEWKSBURY, Mass., April 29, 2014 /PRNewswire/ -- The Office of Naval Research (ONR) has awarded Raytheon Company (NYSE: RTN) an $8.5 million base contract to design the Flexible Distributed Array Radar (FlexDAR), enabling dynamic multi-mission radars capable of executing a variety of functions including surveillance, communications and electronic warfare.
"Raytheon is a pioneer in radar development, pushing the limi... |
|04/28/14||Raytheon tests new guidance system for Tomahawk cruise missile|
|Flight test is key milestone on Tomahawk modernization path
TUCSON, Ariz., April 28, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully completed a passive seeker test designed for a Tomahawk Block IV cruise missile using company-funded independent research and development investment. The captive flight test, using a modified Tomahawk Block IV missile nose cone, demonstrated that Raytheon's advanced, next-generation; multi-function processor can enable the cruise missile to navi... |
|04/27/14||University of Central Florida wins 2014 Raytheon National Collegiate Cyber Defense Competition|
|Rochester Institute of Technology and University of Alaska, Fairbanks round out the winning schools as government and commercial cyber experts test the skills of teams from across the country
SAN ANTONIO, April 27, 2014 /PRNewswire/ -- University of Central Florida bested nine other finalist teams to win the 2014 Raytheon National Collegiate Cyber Defense Competition (NCCDC), held April 25-27 in San Antonio, Texas. The competition pitted the top ten college and university teams from across ... |
|04/25/14||Raytheon Chairman William H. Swanson inducted into U.S. News STEM Leadership Hall of Fame|
|Recognized for advancing science, technology, engineering and math education
WASHINGTON, April 25, 2014 /PRNewswire/ -- Raytheon (NYSE: RTN) Chairman William H. Swanson was inducted into the U.S. News STEM Leadership Hall of Fame today for his leadership in advancing STEM education and preparing the next generation of engineers and scientists. He was honored at a special ceremony during the 2014 U.S. News STEM Solutions National Leadership Conference at the Walter E. Washington Convention C... |
|04/25/14||Raytheon enhances malicious insider threat and privileged user abuse detection with new SureView release|
|DULLES, Va., April 25, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced the latest developments found in their new SureView™ release, which include new policy support features that enhance product capability for continuous monitoring and network auditing against insider threat and privileged user abuse.
With this release, commercial and federal organizations now have access to a Privileged User Monitoring and Auditing (PUMA) Policy Pack specifically designed to enable SureVie... |
|04/24/14||Raytheon Reports Solid First Quarter 2014 Results|
|- EPS from continuing operations of $1.87; Adjusted EPS(1) of $1.43
- Reported operating margin of 14.3 percent; Adjusted Operating Margin(1) of 12.7 percent
- Net sales of $5.5 billion
- Strong operating cash flow from continuing operations of $659 million
- As previously announced, increased annual dividend by 10 percent to $2.42 per share
WALTHAM, Mass., April 24, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced first quarter 2014 EPS from continuing operations of ... |
|04/24/14||Raytheon ranked on Corporate Responsibility Magazine's 100 Best Corporate Citizens List|
|Company recognized for standout performance in the areas of corporate governance, environment and philanthropy
WALTHAM, Mass., April 24, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has once again been named to CR Magazine's 100 Best Corporate Citizens List, ranking 42. The annual list analyzes the performance of Russell 1000 companies, recognizing those that demonstrated outstanding corporate responsibility programs in 2013. The list documents 298 data points of disclosure and perform... |
|04/23/14||Raytheon tackles nation's STEM workforce challenge during "STEM Week" in Washington, D.C.|
|WALTHAM, Mass., April 23, 2014 /PRNewswire/ -- What can the U.S. do to prepare today's students to take on STEM jobs in the future? To help answer that question, U.S. News and Raytheon Company (NYSE: RTN) today launched the STEM Index to measure just that. It's the first comprehensive index measuring the key factors related to STEM jobs and education.
The Index finds that although we are making strides in some areas, the U.S. continues to fall short in preparing today's students for tomorrow... |
|04/23/14||US Navy deploys Standard Missile-3 Block IB for first time|
|Milestone marks Phased Adaptive Approach's second phase
TUCSON, Ariz., April 23, 2014 /PRNewswire/ -- In partnership with the Missile Defense Agency, the U.S. Navy deployed the second-generation Standard Missile-3 Block IB made by Raytheon Company (NYSE: RTN) for the first time, initiating the second phase of the Phased Adaptive Approach.
"The SM-3 Block IB's completion of initial operational testing last year set the stage for a rapid deployment to theater," said Dr. Taylor W. Lawrence,... |
|04/23/14||International customer signs agreement with USG valued at $750 million for Raytheon's TOW missiles|
|TUCSON, Ariz., April 23, 2014 /PRNewswire/ -- An international customer signed an agreement with the U.S. Government for a foreign military sale (FMS) of tube-launched, optically tracked, wireless-guided (TOW) missiles to be supplied by Raytheon Company (NYSE: RTN) in a deal valued at approximately $750 million.
Raytheon plans to deliver nearly 14,000 TOW missiles to the customer over a three-year period beginning in 2015. A resulting order is expected to be executed by the U.S. government w... |
|04/17/14||Raytheon to blast off at USA Science and Engineering Festival|
|Raytheon reveals secrets behind weather forecasting
See kids building homemade rockets
WASHINGTON, (Apr. 17, 2014)
PHOTO AND INTERVIEW OPPORTUNITY
WHAT: On Friday, April 25, the "sneak peek" day for registered school groups, military families and the media, a Raytheon systems engineer will offer a rare behind the scenes look at the big data Raytheon processes and is used by every meteorologist in the country to forecast the weather. Systems Engineer/weather data exper... |
|04/15/14||Raytheon Company to release first quarter 2014 results on April 24, 2014|
|WALTHAM, Mass., April 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2014 earnings news release at 7 a.m. EDT Thursday, April 24, 2014. The release will be posted on Raytheon's website.
The first quarter 2014 earnings results conference call will be at 9 a.m. EDT Thursday, April 24, 2014. 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.... |
|04/11/14||Raytheon awarded first international contract for Paveway IV|
|HARLOW, England, April 11, 2014 /PRNewswire/ -- Raytheon Company received a contract from an international customer for Paveway™ IV precision guided bombs valued at more than $200m. As part of the sale Raytheon will deliver hundreds of the advanced munitions, which are regarded as the 'weapon of choice' for the Royal Air Force. The contract represents the first sale of Paveway™ IV outside the U.K.
"This contract is an export boost to the U.K. It will help support hundreds of manufacturing a... |
|04/07/14||Raytheon celebrates National Volunteer Week|
|Employees earn U.S. Presidential Volunteer Service Award for commitment to giving back
WALTHAM, Mass., April 7, 2014 /PRNewswire/ -- In celebration of National Volunteer Week (April 6-12), Raytheon Company (NYSE: RTN) is recognizing employees dedicated to volunteerism, celebrating volunteers across our communities, and recommitting to the core corporate value of volunteerism via the company's partnership with US2020, the White House-sponsored mentoring initiative.
Nearly 500 Raytheon e... |
|04/01/14||Raytheon hits another major milestone with GaN|
|Diamond materials to triple power density
TEWKSBURY, Mass., April 1, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has achieved another significant milestone for next generation Gallium Nitride (GaN) Radio Frequency (RF) semiconductor technology. Through the Defense Advanced Research Projects Agency (DARPA) Near Junction Thermal Transport effort under the Thermal Management Technologies program, Raytheon's team is replacing GaN's current substrate, Silicon Carbide, with diamond, a mate... |
|03/26/14||Raytheon announces new state-of-the-art office complex in North Texas|
|GARLAND, Texas, March 26, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced plans to move its Garland, Texas, operations to a new state-of-the-art office complex to be built at the CityLine development in Richardson, Texas. Raytheon will occupy 489,000 square feet in three buildings located near the intersection of President George Bush Turnpike and North Central Expressway (US 75), and will begin the move in the fourth quarter of 2015, depending on the construction schedule.
|03/25/14||US Navy achieves initial operating capability on Patrol Coastal Griffin Missile System|
|New capability will counter swarming boat threats
TUCSON, Ariz., March 25, 2014 /PRNewswire/ -- The U.S. Navy has achieved initial operational capability (IOC) on the MK-60 Patrol Coastal Griffin Missile System that includes the Raytheon Company (NYSE: RTN) Griffin missile. The milestone comes as the Navy continues to conduct littoral security operations in areas that require an immediate and precise response to confirmed threats.
The MK-60 Patrol Coastal Griffin Missile System includes... |
|03/19/14||Raytheon honored among America's Top Corporations for Women's Business Enterprises|
|WBENC recognizes Raytheon's supplier diversity leadership
WALTHAM, Mass., March 19, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is proud to be recognized by the Women's Business Enterprise National Council (WBENC) as one of America's Top Corporations for Women's Business Enterprises (WBEs), the only national award of its kind. Raytheon is one of 45 companies honored for leading supplier diversity programs that integrate WBEs into their supply chains.
WBENC is recognizing Raytheon a... |
|03/19/14||U.S. gains additional protection against ballistic missiles|
|Raytheon delivers ninth AN/TPY-2 ballistic missile defense radar to Missile Defense Agency ahead of schedule
TEWKSBURY, Mass., March 19, 2014 /PRNewswire/ -- The U.S. will soon have another system to defend against ballistic missiles. Raytheon Company (NYSE: RTN) delivered its ninth AN/TPY-2 ballistic missile defense radar to the Missile Defense Agency, six months ahead of schedule.
AN/TPY-2 is an integral element of the Ballistic Missile Defense System. It is a mobile X-band radar that... |
|03/19/14||Raytheon Company increases dividend by 10 percent|
|Tenth consecutive annual increase
WALTHAM, Mass., March 19, 2014 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Board of Directors has voted to increase the company's annual dividend payout rate by 10 percent, from $2.20 to $2.42 per share. The Board also authorized payment of a quarterly cash dividend of $0.605 per outstanding share of common stock, to be paid on May 1, 2014, to shareholders of record as of the close of business on April 2, 2014. Payment of quarterly dividends is subject t... |
|03/14/14||Raytheon cross domain product awarded top honors at Info Security's Global Excellence Awards|
|Trusted Thin Client® recognized as a gold winner in "Security Products and Solutions for Government"
DULLES, Va., March 14, 2014 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Trusted Thin Client® (TTC) product was selected as the gold winner in the category "Security Products and Solutions for Government" at the 2014 Info Security Products Guide Global Excellence Awards. The security industry celebrated the 10th annual awards in San Francisco, Calif. during the RSA Conference USA 2014 by h... |
|03/13/14||Raytheon showcases the infinite possibilities math and science bring students on Pi Day|
|Encourages recognition of math and science teachers with pie deliveries and social media program
WALTHAM, Mass., March 13, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and its employees will celebrate Pi Day this Friday, March 14 with a program focused on encouraging people to thank and recognize math and science teachers everywhere. As part of Raytheon's MathMovesU® initiative, the company observes Pi Day in a number of ways to highlight the significance of pi calculations in science,... |
|03/06/14||Raytheon receives $350 million SM-3 Block IB contract|
|TUCSON, Ariz., March 6, 2014 /PRNewswire/ -- The Missile Defense Agency awarded Raytheon Company (NYSE: RTN) $350 million to increase its procurement of Standard Missile-3 Block IB missiles from 8 to 44.
The SM-3 is designed to destroy incoming short-, medium-, and intermediate-range ballistic missile threats by colliding with them in space, a concept sometimes described as "hitting a bullet with a bullet."
The work will be performed in Tucson, Ariz., and Huntsville, Ala., through Septemb... |
|03/04/14||Raytheon partners with NCCDC to become the title sponsor of nation's largest cyber tournament for college students|
|Competition builds skills and inspires next generation of cyber leaders
DULLES, Va., March 4, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced a three-year partnership as the title sponsor of the Raytheon National Collegiate Cyber Defense Competition (NCCDC). In addition to being the title sponsor of the national championship, held April 25-27 in San Antonio, Texas, the company will also sponsor various regional competitions across the country. More than 180 colleges and universi... |
|03/03/14||Raytheon awarded $35 million minehunting sonar contract|
|Advanced mine detection solution to counter prevalent undersea threats
TEWKSBURY, Mass., March 3, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded $35.5 million to provide the U.S. Navy with AN/AQS-20A minehunting sonar systems and equipment. The system leverages advanced sonar technologies to support the Navy's critical minehunting missions, ensuring safe access and passage for military and civilian vessels on the world's oceans and waterways.
Deployed from the Litto... |
|03/03/14||Raytheon and PASSUR to provide improved airspace and airport efficiency|
|Powerful new collaboration puts data to work to benefit passengers, airlines and airport authorities
TEWKSBURY, Mass., March 3, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and PASSUR Aerospace (OTC: PSSR) are collaborating on solutions to improve the predictability of air travel, increase efficiencies for airlines, and create a safer, more hassle-free travel experience for passengers. The cooperative agreement includes the integration of PASSUR's business analysis and predictive analy... |
|03/03/14||Raytheon awarded $655 million contract for Patriot|
|Kuwait upgrades defenses with world's most advanced air and missile defense technology
TEWKSBURY, Mass., March 3, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $655 million contract for new-production fire units of the combat-proven Patriot Air and Missile Defense System for Kuwait. These units are an addition to the Patriot fire units Kuwait currently owns to counter current and evolving threats.
Awarded by the U.S. Army Aviation and Missile Command, Redstone Arsenal... |
|02/28/14||Raytheon receives $185 million contract modification on JPSS Common Ground System|
|Raytheon to provide improved information assurance and faster data delivery to weather and environmental satellite program
AURORA, Colo., Feb. 28, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $185 million modification from NASA on its current Joint Polar Satellite System (JPSS) Common Ground System (CGS) contract, which is intended to increase the capability and capacity of National Oceanic and Atmospheric Administration's (NOAA) three satellites that support the JPSS missio... |
|02/27/14||Raytheon, U.S. Navy test Tomahawk Block IV's latest communications upgrades|
|Flight test validates cruise missile's evolutionary technology
TUCSON, Ariz., Feb. 27, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy have successfully tested communications advancements to the Tomahawk Block IV cruise missile.
During a Feb. 19 flight test, a Raytheon-built Tomahawk Block IV missile, launched from the USS Sterett, flew a preprogrammed route while receiving updates from a simulated maritime operations center and from advanced off-board sensors updatin... |
|02/25/14||Raytheon continues to drive GaN evolution through cutting edge innovation|
|Latest developments yield unprecedented performance for defense systems
TEWKSBURY, Mass., Feb. 25, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that under the DARPA Microsystems Technology Office (MTO) Wide Bandgap Semiconductor Program, the company has systematically matured Gallium Nitride (GaN) from basic material to transistors, Monolithic Microwave Integrated Circuits (MMICs), Transmit/Receive (T/R) Modules and finally Transmit/Receive Integrated Multic... |
|02/24/14||Raytheon awarded $123 million Phalanx contract from Republic of Korea|
|Systems to go aboard FFX-, AOE II-class ships
TUCSON, Ariz., Feb. 24, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) signed a $123 million contract to deliver nine Phalanx Block 1B Close-In Weapon Systems to the Republic of Korea Navy.
(Photo: http://photos.prnewswire.com/prnh/20140224/NE66690 )
Under the direct commercial sale, the largest ever for the Phalanx program, Raytheon will deliver the Phalanx systems for installation aboard the FFX Batch II frigate-class ships and AOE ... |
|02/21/14||WGBH, Raytheon launch nationwide PBS LearningMedia program integrating engineering in K-12 classrooms|
|Industry leaders unite to help teachers educate next generation of engineers
WALTHAM, Mass., Feb. 21, 2014 /PRNewswire/ -- In recognition of National Engineers Week, WGBH and Raytheon Company (NYSE: RTN) – the Waltham, Mass.-based technology and innovation leader – have partnered to build a new collection of media-rich resources for K-12 educators that teach to the Next Generation Science Standards (NGSS). The collection – "Teaching NGSS Engineering Design Through Media" – is now available ... |
|02/20/14||Raytheon's Rebecca Rhoads inducted into Cal Poly Pomona College of Engineering 2014 Hall of Fame|
|Raytheon GBS President and CIO champion of diversity, women and STEM
WALTHAM, Mass., Feb. 20, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is proud to congratulate Rebecca Rhoads, president, Global Business Services (GBS) and chief information officer, on her induction into California State Polytechnic, Pomona, College of Engineering's 2014 Hall of Fame. Appropriately, the public hall of fame event will be held today on National Engineers Week's "Girl Day."
Rhoads is one of 22 indu... |
|02/20/14||Celebrating 'Girl Day': Raytheon introduces girls to engineering|
|Live events and hands-on activities designed to inspire young women to pursue a career in engineering
WALTHAM, Mass., Feb. 20, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will introduce girls across the country to engineering with a series of MathMovesU® events designed to inspire young women to study science, technology, engineering and math (STEM). By showcasing their personal connections to math and science, Raytheon mentors hope to encourage young women to pursue careers in engine... |
|02/19/14||Raytheon demonstrates Griffin Block III missile|
|New variant provides improved performance, accuracy
CHINA LAKE, Calif., Feb. 19, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) demonstrated its latest variant of the combat-proven Griffin® missile, the Griffin Block III, throughout a series of test shots culminating in several direct hits against a variety of static and moving targets.
"The Griffin is already well known for its ability to destroy targets with pin-point accuracy using an advanced GPS and semi-active laser guidance. T... |
|02/18/14||Raytheon kicks off 15th year of GaN innovation|
|Leading remarkable advancements in power and performance for warfighters
TEWKSBURY, Mass., Feb. 18, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has embarked on its fifteenth year of pioneering the development and system integration of gallium nitride (GaN) technology. In 1999, Raytheon commenced research in GaN at the Raytheon Foundry in Andover, Mass. Today, Raytheon remains at the forefront of GaN innovation, demonstrating the maturity of the technology which significantly extends ... |
|02/17/14||Raytheon brings engineering to life for thousands of students across the nation|
|Week of celebration spotlights the importance of opening the engineering pipeline for women with Girl Day, Feb. 20
WALTHAM, Mass., Feb. 17, 2014 /PRNewswire/ -- Building parachutes, rockets and optical sensors are just a few of the activities Raytheon Company (NYSE: RTN) has planned for students across the country as it kicks off its nationwide celebration of National Engineers Week (Feb. 16-22). The weeklong festivities will showcase the positive impact of engineers on society and bring sc... |
|02/11/14||Poland invites Raytheon to participate in round two of WISLA technical dialogues|
|Company explores partnership opportunities with Polish industry
TEWKSBURY, Mass., Feb. 11, 2014 /PRNewswire/ -- Poland's Ministry of National Defense announced the start of phase two of a technical dialogue regarding their national medium-range air and missile defense system, named "WISLA". Raytheon is one of five parties shortlisted for the continuing dialogue.
(Photo: http://photos.prnewswire.com/prnh/20140211/NE61678-INFO )
According to Poland's announcement, the second stage aims ... |
|02/11/14||Raytheon establishes new electronic warfare mission area|
|Combines technologies and capabilities to support customers' future vision of EW
EL SEGUNDO, Calif., Feb. 11, 2014 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Space and Airborne Systems business has announced the combination of several of its electronic warfare (EW) programs into a new mission area called Electronic Warfare Systems, based at the company's El Segundo, Calif. campus. The portfolio contains the following:
Next Generation Jammer
EW Self Protection Systems
EW Communi... |
|02/10/14||Raytheon receives $31 million Maverick missile contract from South Korea|
|Sale adds to South Korea's existing inventory of Mavericks
SINGAPORE, Feb. 10, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $31 million contract from the Korean Defense Acquisition Program Administration for additional AGM-65G-2 Maverick missiles. Under the direct commercial sale, Raytheon will supply the missiles to the Republic of Korea Air Force.
"These new Mavericks will provide the Republic of Korea Air Force with additional firepower and will add to South Korea'... |
|02/07/14||Raytheon's Excalibur Ib demonstrates production maturity and effectiveness in milestone test event|
|Exceeds performance requirements, verifies production readiness
NEW DELHI, Feb. 7, 2014 /PRNewswire/ -- The U.S. Army and Raytheon Company (NYSE: RTN) successfully fired 30 GPS-guided Excalibur Ib projectiles during an extensive First Article Test series at Yuma Proving Ground, Arizona. This test series validated performance and reliability of the Excalibur Ib production configuration, and moves the program toward full-rate production.
"Excalibur gives the warfighter a pinpoin... |
|02/06/14||GAGAN System reaches certification milestone in India|
|Indian airspace equipped with the most advanced GPS technology for civil aviation
NEW DEHLI, Feb. 6, 2014 /PRNewswire/ -- The GPS-Aided Geo Augmented Navigation (GAGAN) system jointly developed by Airports Authority of India, the Indian Space Research Organization and Raytheon (NYSE: RTN) has achieved certification level Required Navigation Performance (RNP) 0.1. Civil aircraft in Indian airspace will now have access to more precision navigation data than ever before. The GAGAN system is a ... |
|02/06/14||Raytheon awarded DARPA contract to research and develop new approach to cyber mission execution|
|DARPA's Plan X is creating potentially revolutionary technologies for DoD cyber mission operations
DULLES, Va., Feb. 6, 2014 /PRNewswire/ -- Raytheon (NYSE: RTN) was awarded a $9.8 million contract by the Defense Advanced Research Projects Agency (DARPA) as part of its Plan X program, which seeks to help U.S. government agencies plan, execute and assess cyber network operations. Raytheon's research and development is focused on enabling the Department of Defense (DoD) to predictably and rap... |
|02/05/14||Raytheon marks delivery of 2000th Griffin missile|
|Warfighter receives newest variant
TUCSON, Ariz., Feb. 5, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has produced and delivered its 2,000th Griffin Missile. Griffin production began in 2008 as a response to customer requests for a light, reliable, tactical weapon capable of precisely destroying targets with limited collateral damage. The production milestone also highlights 70 consecutive months of on-time or early Griffin deliveries to the warfighter.
"The Griffin Missile has... |
|02/04/14||Raytheon to begin Phase 3 on DARPA Persistent Close Air Support program|
|PCAS designed to provide quicker close air support for ground troops
TUCSON, Ariz., Feb. 4, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is beginning Phase 3 of the Defense Advanced Research Projects Agency's Persistent Close Air Support (PCAS) program. DARPA has exercised its Phase 3 option with Raytheon, an 18-month, $25.5 million effort scheduled to culminate in a series of flight tests and live-fire demonstrations.
PCAS software could enable ground troops to receive close air ... |
|01/31/14||Raytheon urges more transatlantic industry cooperation|
|International CEO addresses Munich Security Conference
MUNICH, Jan. 31, 2014 /PRNewswire/ -- Speaking at the 50th Munich Security Conference today, Raytheon International Inc. CEO, John D. Harris II, urged participants to consider new opportunities for greater transatlantic industrial cooperation, saying, "We need to pursue initiatives that deliver greater cost efficiencies in a way that maintains and improves our defense capabilities."
Harris made his remarks during a panel on the futur... |
|01/30/14||Raytheon Reports Solid Fourth Quarter and Full-Year 2013 Results|
|-- Fourth quarter 2013 net sales of $5.9 billion; full-year net sales of $23.7 billion, down 2.9 percent for the year
-- Fourth quarter Adjusted Operating Margin1 of 13.1 percent; full-year Adjusted Operating Margin1 of 13.4 percent, up 10 basis points for the year
-- Fourth quarter reported operating margin of 12.1 percent; full-year reported operating margin of 12.4 percent, up 20 basis points for the year
-- Fourth quarter Adjusted EPS1 of $1.58; full-year Adjusted EPS1 of $6.38, up ... |
|01/27/14||US Navy confirms its selection of Raytheon for Next Generation Jammer Electronic Warfare Program|
|EL SEGUNDO, Calif., Jan. 27, 2014 /PRNewswire/ -- Following the US Navy's confirmation of its Next Generation Jammer contractor, Raytheon Company (NYSE: RTN) announced today it is ready to resume work on this critical electronic attack program for the warfighter.
"We commend the GAO's thorough assessment of this contract award and the US Navy's re-evaluation that has solidified us as the provider of the world's Next Generation Jammer program," said Rick Yuse, president of Raytheon's Space and... |
|01/24/14||Raytheon secures first international customer for its F-16 RACR AESA radar|
|Contract signed with BAE Systems to provide South Korea integrated AESA radar, electronic warfare, mission computing technologies and weapon systems integration
EL SEGUNDO, Calif., Jan. 24, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has signed a contract with BAE Systems in support of upgrading the Republic of Korea's fleet of more than 130 KF-16C/D Block 52 aircraft. As a key subcontractor to BAE Systems, the company will provide an integrated solution that includes the Raytheon Adv... |
|01/23/14||Raytheon receives contract for Ground Based Air Defense System for Oman|
|Sultanate becomes seventh NASAMS customer and the first in the Gulf region
TEWKSBURY, Mass., Jan. 23, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a direct commercial sales contract from The Sultanate of Oman for the National Advanced Surface-to-Air Missile System (NASAMS). The award, valued at $1.28 billion, includes ground support equipment, a full training package, and technical assistance. NASAMS is the trusted system that protects critical assets in six nations, incl... |
|01/21/14||Raytheon, French Air Force complete Enhanced Paveway™ II GBU-50 demonstration|
|Weapon delivers superior accuracy, reliability
PARIS, Jan. 21, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the French Air Force completed a demonstration of a penetrator variant of a Paveway™ GBU-50 from a Mirage 2000D multirole fighter jet. The weapon met all flight objectives and scored a direct hit against a reinforced concrete slab.
"Raytheon is committed to delivering GBU-50's unique capabilities to our French customer, " said Mike Jarrett, vice president of Air Warfare Sy... |
|01/21/14||Raytheon Company to release 2013 fourth quarter and full-year results on Jan. 30, 2014|
|WALTHAM, Mass., Jan. 21, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its 2013 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 30, 2014. The release will be posted on Raytheon's website.
The 2013 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 30, 2014. 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... |
|01/15/14||Raytheon Announces William H. Swanson to Step Down as Chief Executive Officer; Board appoints Dr. Thomas A. Kennedy Chief Executive Officer Effective March 31, 2014; Board also appoints Dr. Kennedy to the Raytheon Company Board of Directors Effective January 15, 2014|
|WALTHAM, Mass., Jan. 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has elected Dr. Thomas A. Kennedy, age 58, to serve as the Chief Executive Officer of Raytheon Company, effective March 31, 2014. Dr. Kennedy will succeed William H. Swanson, who has served as the Chief Executive Officer of Raytheon Company since 2003, and who advised the Board of his intention to step down from his position as Chief Executive Officer in March, following his 65... |
|01/15/14||Raytheon, L-3 demonstrate new ship protection system|
|Small-ship solution will counter swarming-boat threats
YUMA PROVING GROUND, Ariz., Jan. 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and L-3 Communications successfully fired Raytheon TALON laser-guided rockets from an L-3 remote weapon station using an LAU-68 launcher. The test demonstrated that the lightweight remote weapon system can provide protection for small ships by incorporating the currently fielded launcher, sensor systems and TALON missiles.
(Photo: http://photos.prn... |
|01/15/14||Call for Nominations: Raytheon to award grants to math teachers nationwide to support STEM education|
|MathMovesU® award and grant programs recognize educators for innovative teaching methods
WALTHAM, Mass., Jan. 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will recognize middle and high school math 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 all members of the community to recognize inspirational math teachers and coache... |
|01/15/14||Raytheon-Zumwalt scholarship honors U.S. Navy legends|
|A tribute to the revolutionary contributions of the man and the ship-class that bears his name
WASHINGTON, Jan. 15, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announces the Raytheon – Zumwalt Scholarship, established in honor of Admiral Elmo R. "Bud" Zumwalt, Jr., Chief of Naval Operations (1970 – 1974), and the next-generation multimission destroyer, the DDG 1000 class, which aptly bears the Zumwalt name.
Established through the Anchor Scholarship Foundation, Raytheon has funded... |
|01/14/14||Raytheon delivers 3000th Tomahawk Block IV to US Navy|
|Latest variant is cruise missile gold standard
TUCSON, Ariz., Jan. 14, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered the 3000th Tomahawk Block IV missile to the U.S. Navy as part of its ninth Block IV full-rate FY12 production contract.
The U.S. Navy continues to purchase Tomahawk missiles via the FY13 budget, and negotiations are ongoing for next year's production contract.
The Block IV missile design was initiated as both a cost savings and a capability improvement ... |
|01/13/14||Raytheon receives $156 million SM-3 contract|
|TUCSON, Ariz., Jan. 13, 2014 /PRNewswire/ -- The Missile Defense Agency awarded Raytheon Company (NYSE: RTN) an undefinitized contract action (UCA) valued at $156 million for the procurement of Standard Missile-3 Block IB guided missiles.
The SM-3 missile is designed to destroy incoming short-, medium-, and intermediate-range ballistic missile threats by colliding with them in space, a concept sometimes described as "hitting a bullet with a bullet." More than 155 SM-3s have been delivered to... |
|01/13/14||Raytheon resumes work on U.S. Navy Air & Missile Defense Radar|
|TEWKSBURY, Mass., Jan. 13, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a resume work order from the U.S. Navy to commence development of the new Air and Missile Defense Radar. The order followed the official Government Accountability Office update of its database to reflect the status of the AMDR contract award protest as withdrawn.
On October 10, 2013, Raytheon was awarded a $385,742,176 cost-plus-incentive-fee contract for the engineering and modeling development phase d... |
|01/09/14||Bringing engineering to life in the classroom: Raytheon awards scholarships to 32 teachers nationwide|
|Engineering is Elementary program promotes science, technology, engineering and math (STEM) concepts
WALTHAM, Mass., Jan. 9, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced the recipients of the 2013 Raytheon-Engineering is Elementary® (EiE) Teacher Scholarship Program. The 32 elementary school teachers from across the nation received awards of $2,500 each to support the implementation of EiE, an innovative engineering curriculum, in their classrooms.
Developed at the M... |