|04/23/18||Raytheon, Virsec establish alliance to protect government and critical infrastructure from advanced cyberattacks|
|Agreement augments conventional cyber defenses with innovative commercial technology
DULLES, Va., April 23, 2018 /PRNewswire/ -- Raytheon Company (NYSE:RTN) announced an alliance with Virsec to bring commercial cybersecurity tools to global government and critical infrastructure customers. Combined with Raytheon's decades of cybersecurity defense expertise, Virsec's patented Trusted Execution™ technology protects networks by detecting deviations in software applications caused by cyber intr... |
|04/23/18||Institute of Internal Audit names Raytheon's Larry Harrington to American Hall of Distinguished Audit Practitioners|
|WALTHAM, Mass., April 23, 2018 /PRNewswire/ -- The Institute of Internal Auditors has inducted Raytheon vice president of Internal Audit Larry Harrington into the American Hall of Distinguished Audit Practitioners.
Established in 1941, IIA is an international association with 200,000 members providing leadership and professional development for the internal audit profession. Being inducted into the Hall is the highest honor given by The IIA's North American B... |
|04/19/18||Raytheon awarded $83 million mine neutralizer contract|
|TEWKSBURY, Mass., April 19, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an $83 million contract for the design, test and deployment of the Barracuda mine neutralization system.
The Barracuda mine neutralization system is an expendable, autonomous unmanned underwater vehicle intended to identify and neutralize bottom, near surface and drifting sea mines. It will field a shallow water capability and be an expendable modular neutralizer c... |
|04/19/18||Developmental testing completed on Small Diameter Bomb II|
|New weapon moves to operational testing prior to fielding
TUCSON, Ariz., April 19, 2018 Raytheon Company (NYSE: RTN) has completed developmental testing on the Small Diameter Bomb II, a key step toward bringing this new capability to fighter pilots. Government confidence testing, a prerequisite for operational testing, is scheduled to be completed this year. Raytheon has also begun work on the SDB II™ second production lot after completing deliv... |
|04/18/18||Raytheon builds small satellites for Department of Homeland Security|
|Polar Scout satellites to aid search and rescue in remote areas
COLORADO SPRINGS, Colo., April 18, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has built two small, Polar Scout satellites for the U.S. Department of Homeland Security in partnership with Millennium Engineering and Integration. The satellites have flexible radio frequency receivers to help search and rescue teams locate emergency beacons in remote areas, such as the Arctic.
Raytheon as... |
|04/17/18||Raytheon Company to release first quarter 2018 results on April 26, 2018|
|WALTHAM, Mass., April 17, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2018 earnings news release at 7 a.m. EDT Thursday, April 26, 2018. The release will be posted on Raytheon's website.
The first quarter 2018 earnings results conference call will be at 9 a.m. EDT Thursday, April 26, 2018. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the websi... |
|04/17/18||F-35 gets precision target engagement with Raytheon JSOW missile|
|Navy's Precision Guided Standoff Weapon is being integrated on the F-35 C variant
TUCSON, Ariz., April 17, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy completed the final developmental test to integrate the Joint Standoff Weapon C onto the F-35 Joint Strike Fighter's C variant, keeping the low-cost, air-to-ground missile on track for full deployment in 2019.
The JSOW glide weapon uses a GPS-inertial navigation system with an imagi... |
|04/16/18||Media group FCW honors Raytheon executive Dave Wajsgras with top federal Information Technology industry award|
|Eagle Award recognizes best in class in business leadership, innovation and social responsibility
DULLES, Va., April 16, 2018 /PRNewswire/ -- Raytheon's (NYSE: RTN) Dave Wajsgras, president of Raytheon Intelligence, Information and Services, received FCW's Eagle Award, presented annually to two honorees: one from industry and one from government. A panel of judges made up of government and industry leaders selected Wajsgras from the federal IT community and FCW Fed100 award recipi... |
|04/15/18||University of Virginia wins 2018 National Collegiate Cyber Defense Championship by protecting against network attacks from industry professionals|
|ORLANDO, Fla., April 15, 2018 /PRNewswire/ -- University of Virginia prevailed over nine other finalist teams to win the 2018 National Collegiate Cyber Defense Competition. The championship was held in Orlando, Florida, from April 13-15 with the top 10 college and university teams from across the nation. University of Virginia earned the national title by successfully protecting a fictional biotech firm's network against an onslaught of persistent cyber attacks from top security experts posing a... |
|04/11/18||Raytheon contracted to demonstrate Army mobile intelligence platform|
|FoXTEN software product gives soldiers access to real-time intelligence data in the field
STERLING, Va., April 11, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a U.S. Army contract to demonstrate the company's commercially available mobile intelligence platform that will allow soldiers to quickly collect and access information on the battlefield.
This commercial laptop-based platform, called the FoXTEN, may be considered... |
|03/27/18||Raytheon Lower Tier Air & Missile Defense Sensor solution completes program review|
|Rapidly emerging threats require faster developed solutions for the U.S. Army
TEWKSBURY, Mass., March 27, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a program and technical review for the Lower Tier Air and Missile Defense Sensor, or LTAMDS, with the U.S. Army. Having led the development of advanced radar technologies for more than 50 years, Raytheon's solution is uniquely prepared to meet the rapid growing needs of today's soldiers.
|03/26/18||Raytheon developing technology to control drone swarms|
|Scores of unmanned vehicles could cooperate for complex missions
CAMBRIDGE, Mass., March 26, 2018 /PRNewswire/ -- Under DARPA's Offensive Swarm-Enabled Tactics program, Raytheon (NYSE:RTN) BBN Technologies is developing technology to direct and control swarms of small, autonomous air and ground vehicles. The technology includes:
a visual interface that allows "drag and drop" creation and manipulation of drone tactics
a game-based simulator to evaluate those tactics
a phys... |
|03/26/18||Protest over, Raytheon to begin work on $600m contract to sustain and modernize U.S. Army strategic software systems|
|Contract supports software upgrades to missile defense, radar and ISR systems
HUNTSVILLE, Ala., March 26, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is beginning work on a contract to sustain and modernize missile defense and other strategic systems operated by the U.S. Army, combatant commands and other government agencies.
The $600-million, three-year contract was first announced last June and a protest was withdrawn in February. Within the nex... |
|03/21/18||Raytheon Company increases dividend by 8.8 percent; 14th consecutive annual increase|
|WALTHAM, Mass., March 21, 2018 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has voted to increase the company's annual dividend payout rate by 8.8 percent, from $3.19 to $3.47 per share. The Board also authorized payment of a quarterly cash dividend of $0.8675 per outstanding share of common stock, to be paid on May 10, 2018, to shareholders of record as of the close of business on April 11, 2018. Payment of quarterly dividends is subject to Board authorization.
|03/20/18||Raytheon in final phase of GPS OCX software build|
|Program ready for 2018 GPS III launch, on-orbit testing
AURORA, Colo., March 20, 2018 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) GPS Next-Generation Operational Control System, known as GPS OCX, is in its final software development phase. This phase focuses on increasing automation and building controls for both L1C, a civilian GPS signal aimed at increasing international access, and M-code, a military GPS signal with better anti-jam capability.
|03/20/18||High-power microwaves and lasers defeat multiple drones during US Army exercise|
|Raytheon technology fills in gaps in long-range fires and short-range air defense
FORT SILL, Okla., March 20, 2018 /PRNewswire/ -- Forty-five unmanned aerial vehicles and drones fell out of the sky during a U.S. Army exercise after Raytheon's (NYSE: RTN) advanced high-power microwave and laser dune buggy engaged and destroyed them. These common threats were knocked down during a Maneuver Fires Integrated Experiment at the U.S. Army Fires Center of Excellence.
|03/13/18||Adriane M. Brown elected to Raytheon board of directors|
|WALTHAM, Mass., March 13, 2018 /PRNewswire/ -- The board of directors of Raytheon Company (NYSE: RTN) has elected Adriane M. Brown as a director, effective immediately.
Brown, 59, has held positions of increasing responsibility over the course of her distinguished 34-year career, leading aerospace, automotive, electronics and technology companies.
"Adriane is an accomplished executive who brings a wealth of business and technology expertise to our board,"... |
|03/06/18||Raytheon to enhance FAA's air traffic control system to improve safety and efficiency|
|Standard Terminal Automation Replacement System ready for NextGen Air Traffic Control
DULLES, Va., March 6, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $73 million FAA contract modification to perform Technical Refresh 1 of the Standard Terminal Automation Replacement System. This update will enable future Terminal NextGen air traffic control tools to be incorporated into STARS and further enhance the safety and efficiency of the National Airspace System. ... |
|03/05/18||Eight U.S. Allies watch newest Patriot upgrade in live fire test|
|Investment by 14 Patriot partner nations make new technology upgrades possible
WHITE SANDS MISSILE RANGE, N.M., March 5, 2018 /PRNewswire/ -- Delegations from eight countries watched a live fire test of the newest suite of upgrades to Raytheon's (NYSE: RTN) Patriot™ Air and Missile Defense System. U.S. Army soldiers conducted the test using Post Deployment Build 8, or PDB-8, to fire two Patriot interceptor missiles against two tactical ballistic missile targets.
|03/02/18||Raytheon, NOAA win Aviation Week Laureate award for unmanned hurricane tracker|
|WASHINGTON, March 2, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the National Oceanic and Atmospheric Administration received Aviation Week magazine's prestigious Laureate award for using the Raytheon Coyote® unmanned aerial vehicle to provide near-real-time, potentially life-saving data during hurricanes.
Developed for the military, Coyote is a small, expendable UAV that's air- or ground-launched into environments too dangerous for manned aircraft.... |
|02/21/18||Global study reveals cybersecurity professionals believe a catastrophic data breach to their organization is inevitable|
|Survey findings come after unanimous intelligence community warning about growing cyber threat
WALTHAM, Mass., Feb. 21, 2018 /PRNewswire/ -- A new global cybersecurity study commissioned by Raytheon (NYSE: RTN), in partnership with Ponemon Institute, reveals a majority of senior-level IT professionals fully expect their organization will experience a catastrophic data breach that could greatly impact shareholder value. The 2018 Global Megatrends in Cybersecurity survey of 1,100 senior-level... |
|02/20/18||Raytheon overhauling Royal Canadian Navy Phalanx Close-In Weapon System|
|$330 (CAD) million contract will help protect ships and sailors for years to come
CALGARY, Alberta, Feb. 20, 2018 /PRNewswire/ -- Raytheon Canada Limited is overhauling and providing in-service support for the Phalanx Close-In Weapon Systems operated by the Royal Canadian Navy.
Raytheon (NYSE: RTN) produces Phalanx, a rapid-fire, computer-controlled radar and 20mm gun system that automatically acquires, tracks and destroys enemy threats that have pe... |
|02/06/18||Raytheon names Kelsey DeBriyn vice president, Investor Relations|
|WALTHAM, Mass., Feb. 6, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has named Kelsey DeBriyn vice president, Investor Relations. In her new role, DeBriyn will oversee the company's engagements with the investor community, interacting with analysts and institutional investors about Raytheon's key franchise programs, business objectives, prospects, performance and outlook. DeBriyn reports to Raytheon Senior Vice President and Chief Financial Officer Toby O'Brien.
|01/31/18||U.S., Patriot partners to invest up to $2.3 billion over 5 years in Patriot™ Integrated Air and Missile Defense System|
|Raytheon's Patriot helps 14 nations outpace evolving threats
TEWKSBURY, Mass., Jan. 31, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is enhancing the Patriot Air and Missile Defense System under a $235 million modernization task order from the U.S. Army.
Announced by the Department of Defense on Jan 30, the system upgrades will be funded by the 14 nations that rely on Patriot for integrated air and missile defense. This is the first of five annual, ... |
|01/30/18||Raytheon executives to speak at Cowen and Company 39th Annual Aerospace/Defense & Industrials Conference on Feb. 8|
|WALTHAM, Mass., Jan. 30, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that Raytheon Chairman and CEO Thomas A. Kennedy and Raytheon Vice President and Chief Financial Officer Anthony F. O'Brien will speak at the Cowen and Company 39th Annual Aerospace/Defense & Industrials Conference on Thursday, Feb. 8, 2018.
Their presentation is scheduled to start at 9:15 a.m. EST, and their remarks will be audiocast live (listen-only mode) through the Raytheon website, http://www... |
|01/25/18||Raytheon Reports Strong Fourth Quarter and Full-Year 2017 Results|
|- Strong bookings of $8.5 billion in the quarter and $27.7 billion for the year; book-to-bill ratio of 1.26 in the quarter and 1.09 for the year
- Fourth quarter net sales of $6.8 billion, up 8.0 percent; full-year net sales of $25.3 billion, up 5.1 percent for the year
- Strong operating cash flow from continuing operations of $1.6 billion in the quarter and $2.7 billion for the year, after a $1.0 billion pretax discretionary pension plan contribution in the fourth quarter, which was not ... |
|01/16/18||Raytheon Company to release 2017 fourth quarter and full-year results on January 25, 2018|
|WALTHAM, Mass., Jan. 16, 2018 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its release 2017 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 25, 2018. The release will be posted on Raytheon's website.
The 2017 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 25, 2018. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the webs... |
|01/15/18||Missile Defense Agency selects Raytheon for Ballistic Missile Defense System testing, modeling and simulation work|
|TEWKSBURY, Mass., Jan. 15, 2018 /PRNewswire/ -- On Friday, January 12, Raytheon (NYSE:RTN) was awarded an indefinite-delivery/indefinite-quantity contract with a stated maximum value of $641,758,000. Under this contract, the contractor will perform ballistic missile defense system (BMDS) test related activities for multiple radar platforms that includes planning, executing, and analyzing sensor performance in BMDS flight tests and ground tests for each test event defined in the BMDS integrated m... |
|01/09/18||Raytheon awarded contract worth more than $1.5 billion for additional Patriot™ integrated air and missile defense capability|
|Undisclosed nation deepens investment in Patriot
ANDOVER, Mass., Jan. 9, 2018 /PRNewswire/ -- An undisclosed member of the 14-nation group that own the combat-proven Patriot Integrated Air and Missile Defense System has awarded Raytheon Company (NYSE: RTN) a direct commercial sales contract worth more than $1.5 billion for additional capability. The contract was awarded on Jan 4, 2018.
Raytheon Company, with 2016 sales of $24 billion an... |