|12/21/15||Clarification of Standard Missile-3 contract value announced December 18|
|WALTHAM, Mass., Dec. 21, 2015 /PRNewswire/ -- On December 18, the Department of Defense announced a contract modification for 52 Standard Missile-3 Block IB all-up rounds and spares, support and recertification to be fulfilled by Raytheon Missile Systems (http://www.defense.gov/News/Contracts/Contract-View/Article/637451).
This announcement represents $18.6 million in new bookings by Raytheon Company in Q4 2015 on an existing FY 2015 production contract, and establishes pricing for as-yet-un... |
|12/17/15||Raytheon Company Appoints Kevin Neifert CIO|
|WALTHAM, Mass., Dec. 17, 2015 /PRNewswire/ -- Raytheon Company (NYSE:RTN) announced today the appointment of Kevin Neifert as chief information officer (CIO) for the company, effective January 1, 2016. Neifert, 54, most recently served as CIO of Raytheon's Integrated Defense Systems.
Neifert will report directly to Rebecca Rhoads as part of Raytheon's Global Business Services team. He replaces Rhoads as the company CIO, a role in which she served in for 14 years. Rhoads will continue to serv... |
|12/10/15||/C O R R E C T I O N -- Raytheon Company/|
|In the news release, Flight test proves ballistic missiles no match for latest Patriot upgrade, issued Dec. 10, 2015 by Raytheon Company over PR Newswire, we are advised by the company that in the second paragraph it should now read, "a ballistic missile target" rather than "two ballistic missile targets" as originally issued inadvertently. The complete, corrected release follows:
Flight test proves ballistic missiles no match for latest Patriot upgrade
New computer processor drives enhanc... |
|12/10/15||Flight test proves ballistic missiles no match for latest Patriot upgrade|
|New computer processor drives enhanced anti-missile interceptor performance
WHITE SANDS MISSILE RANGE, N.M., Dec. 10, 2015 /PRNewswire/ -- A successful flight test has proved that the latest upgrades to the Raytheon-made (NYSE: RTN) Patriot Integrated Air and Missile Defense system will be able to destroy advanced threats at greater ranges. The upgraded system more effectively employs the newest Patriot interceptor.
The combat-proven Patriot system, upgraded with a suit... |
|12/10/15||Raytheon's Constellation Scheduling System selected by DigitalGlobe for high-resolution imagery satellite mission planning|
|AURORA, Colo., Dec. 10, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been selected by the high-resolution Earth imagery company, DigitalGlobe, Inc., to develop the capability to support a September 2016 launch and mission planning of DigitalGlobe's WorldView-4 satellite. Raytheon's Constellation Scheduling System (CSS) is the commercial geospatial mission planning system for companies who want cost and resource efficiencies through automation while increasing satellite utilization and i... |
|12/10/15||Air Force Awards Raytheon $29.6 Million Contract for C-130 Radio Upgrades|
|MCKINNEY, Texas, Dec. 10, 2015 /PRNewswire/ -- The U.S. Air Force has awarded Raytheon Company (NYSE: RTN) a $29.6 million contract to install MXF-626K VHF Communications Systems on 178 C-130H Hercules aircraft. The upgrade ensures C-130 radios comply with newly adopted European Air Traffic Management requirements by providing 8.33 kilohertz (kHz) channel spacing in the range of 118 to 137 megahertz (MHz).
"In today's complex battlespace, reliable communications is more important than ever b... |
|12/10/15||Land-Based SM-3 demonstrates first ballistic missile intercept supported by AN/TPY-2 radar|
|US tests 'Aegis Ashore' missile defense shield
PACIFIC MISSILE RANGE FACILITY, KAUAI, Hawaii, Dec. 10, 2015 /PRNewswire/ -- The Missile Defense Agency conducted the first intercept test of a Raytheon (NYSE: RTN) Land-Based Standard Missile-3 Block IB from the Aegis Ashore Missile Defense Test Complex. The SM-3 destroyed an intermediate range ballistic missile target in space by using remote track data from an AN/TPY-2 ballistic missile defense radar in a 'launch-on-remote' engagement.
|12/09/15||Raytheon receives $543 million for SM-3 Block IIA production and delivery|
|New missile defense interceptor will provide greater protection
TUCSON, Ariz., Dec. 9, 2015 /PRNewswire/ -- The U.S. Missile Defense Agency (MDA) awarded Raytheon Company (NYSE: RTN) a $543 million contract to produce and deliver up to 17 Standard Missile-3 (SM-3) Block IIA interceptors for operational testing and initial deployment.
SM-3 Block IIA is a cooperatively developed joint program with the MDA and Japan Ministry of Defense. The SM-3 Block IIA interceptor will dramatically expa... |
|12/08/15||U.S. succeeds in next flight test of advanced missile defense interceptor|
|Next-gen Standard Missile-3 progressing toward first intercept test in 2016
POINT MUGU NAVAL STATION, Calif., Dec. 8, 2015 /PRNewswire/ -- The U.S. Navy and Missile Defense Agency (MDA) conducted the second successful flight test of the Raytheon Company (NYSE: RTN) Standard Missile-3 Block IIA.
During the Controlled Test Vehicle-02 flight test, an SM-3 Block IIA was launched from a MK 41 launcher located at the U.S. Navy's Point Mugu Sea Range on Saint Nicolas Island in California. A ta... |
|12/02/15||Raytheon|Websense Predicts 2016 Cybersecurity Threat Landscape|
|Cybercriminals to Target New Payment Technologies, Generic Top Level Domains and the US Elections in 2016
AUSTIN, Texas, Dec. 2, 2015 /PRNewswire/ -- The year 2015 has become widely referred to as the year of the data breach. What nefarious cyber-acts will define 2016? For the first time as a newly combined company, Raytheon|Websense cybersecurity experts today shared their security predictions for the coming year. Researchers suggest to be on the lookout for: U.S. presidential election cyb... |
|11/23/15||Raytheon executives to speak at Credit Suisse 3rd Annual Industrials Conference on Dec. 1|
|WALTHAM, Mass., Nov. 23, 2015 /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 Credit Suisse 3rd Annual Industrials Conference on Tuesday, Dec. 1, 2015.
Their presentation is scheduled to start at 9:00 a.m. EST, and their remarks will be audiocast live (listen-only mode) through the Raytheon website, http://www.raytheon.com/ir. A replay wil... |
|11/20/15||Raytheon takes next step toward defining Multi-Object Kill Vehicle concept|
|TUCSON, Ariz., Nov. 20, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed the first Program Planning Review with the U.S. Missile Defense Agency on the future Multi-Object Kill Vehicle (MOKV) concept, a key step toward defining critical aspects of its design.
The milestone is a critical part of the Concept Development Phase. It's designed to ensure Raytheon is aligned with the MDA's expectations and on track for a Concept Review in December.
"Emerging threats demand a new enga... |
|11/19/15||Latest Patriot takes out two ballistic missiles during first flight test|
|13-nation partnership-funded upgrade to address near-term emerging threats
WHITE SANDS MISSILE RANGE, N.M., Nov. 19, 2015 /PRNewswire/ -- The U.S. Army successfully completed the first in a series of flight tests for the latest upgrades to the Raytheon Company (NYSE: RTN)-made Patriot Integrated Air and Missile Defense system.
The upgrades, collectively known as Post-Deployment Build 8 (PDB-8), improve Patriot's ability to destroy all categories of threats, differentiate between frie... |
|11/19/15||Raytheon completes GPS III launch readiness exercises|
|Exercises demonstrate increasing maturity of ground system development
AURORA, Colo., Nov. 19, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully completed three preliminary launch readiness events which are important milestones in preparing to launch the modernized Global Positioning System (GPS) system. The new system will benefit millions of people worldwide who rely on GPS for its positioning, navigation, and timing capabilities.
The three exercise events, completed over... |
|11/18/15||Raytheon Company declares quarterly cash dividend and increases share repurchase authorization by $2.0 billion|
|WALTHAM, Mass., Nov. 18, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.67 per outstanding share of common stock. The cash dividend is payable on Feb. 4, 2016, to shareholders of record as of the close of business on Jan. 6, 2016.
The Board of Directors also authorized the repurchase of up to an additional $2.0 billion of the company's outstanding common stock. Share repurchases may take place from ti... |
|11/18/15||Human Rights Campaign names Raytheon a "Best Place to Work" for LGBT equality|
|WALTHAM, Mass., Nov. 18, 2015 /PRNewswire/ -- The nonprofit advocacy group Human Rights Campaign (HRC) has named Raytheon (NYSE: RTN) as a 2016 "Best Place to Work" for lesbian, gay, bisexual and transgender (LGBT) employees. The Washington, D.C.-based HRC gave Raytheon a perfect 100 percent rating for the eleventh consecutive year.
HRC, the largest LGBT civil rights group in the U.S., surveyed 1,027 businesses for its annual Corporate Equality Index. The survey evaluates LGBT-related policie... |
|11/18/15||Raytheon delivers sonar for DARPA's unmanned anti-submarine warfare vehicle program|
|Highly capable, multi-mission, multi-platform system
TEWKSBURY, Mass., Nov. 18, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has completed delivery of its latest Modular Scalable Sonar System (MS3), the fifth-generation hull-mounted sonar system, for the Defense Advanced Research Projects Agency (DARPA)'s Anti-Submarine Warfare Continuous TrailUnmanned Vessel (ACTUV) program. The delivery is a culmination of efforts under a subcontract from Leidos, Inc., whose prototype trimaran is des... |
|11/17/15||Raytheon brings Engineering is Elementary® to San Antonio, TX elementary schools|
|Program aims to inspire future engineers by spurring science, technology, engineering, and math (STEM) learning
SAN ANTONIO, Nov. 17, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has funded a $37,000 grant to help teach engineering concepts and practices to elementary school students in San Antonio, Texas. The grant to the San Antonio Independent School District is part of a larger $2 million Raytheon initiative, launched in 2011, to help improve STEM education nationwide by expanding ... |
|11/16/15||Raytheon's MathAlive! Interactive Exhibit: Military Tour 2016|
|Activity-packed event brings math to life for military family communities
WALTHAM, Mass., Nov. 16, 2015 /PRNewswire/ -- MathAlive!®, the one-of-a-kind interactive math and science exhibit that has drawn record-breaking crowds across the U.S., is on the road again in 2016. The mission: to get kids interested in science, technology, engineering and math by showing them its connection to — and influence on — the things they love most: music, sports, movies, games and more.
The MathAlive!®... |
|11/13/15||Next Generation Jammer completes Preliminary Design Review milestone|
|Detailed design work on Airborne Electronic attack system is now set to begin
El SEGUNDO, Calif., Nov. 13, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with the U.S. Navy, has completed the Preliminary Design Review (PDR) for the Next Generation Jammer (NGJ) program, a key milestone in the acquisition process.
"Raytheon and the Navy have made system engineering process discipline a top priority from the outset of the NGJ program," said Travis Slocumb, vice president ... |
|11/12/15||Arizona Technology Council honors Raytheon Missile Systems with 2015 Pioneering Award|
|Company recognized for strong technology focus and committed corporate citizenship
PHOENIX, Nov. 12, 2015 /PRNewswire/ -- The Arizona Technology Council presented its prestigious Pioneering Award for 2015 to Raytheon Company's (NYSE: RTN) Missile Systems business. Raytheon Missile Systems received the honor during the Governor's Celebration of Innovation gala at the Phoenix Convention Center.
The Pioneering award is presented to an outstanding company that has made an exceptional contrib... |
|11/11/15||Raytheon and Student Veterans of America to award $10,000 scholarships to U.S. Army veterans|
|Application process for 2016 Raytheon Patriot Scholarship is now open
TEWKSBURY, Mass., Nov. 11, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with the nonprofit Student Veterans of America (SVA), is now accepting applications for the 2016 Raytheon Patriot Scholarship. Two $10,000 scholarships will be awarded to student veterans under this educational program, which honors those who served in the U.S. Army. The first such scholarships were awarded this past May.
The ... |
|11/10/15||Raytheon marks 200th global delivery of F-15 AESA radar|
|Powerful, adaptable radar technology offers proven performance and tactical flexibility
EL SEGUNDO, Calif., Nov. 10, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has delivered the 200th APG-63(V)3 active electronically scanned array (AESA) radar for the F-15 platform, which is used by the U.S. Air Force, Air National Guard and multiple coalition partners around the world.
"The APG-63(V)3 is in demand worldwide, and our AESA radar production line in Forest, Mississippi, is thriving,"... |
|11/09/15||Raytheon, Abu Dhabi Ship Building celebrate first decade of partnership|
|2016 will mark 10 years of mutual commitment and cooperation
DUBAI, United Arab Emirates, Nov. 9, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems Business and Abu Dhabi Ship Building (ADSB) are entering the tenth year of a partnership that began in 2006, when the two companies began integrating Rolling Airframe Missiles onto the UAE's Baynunah class of ships.
"Raytheon and Abu Dhabi Ship Building have worked hand-in-hand to ensure the UAE navy is equipped with the w... |
|11/09/15||U.S. Army invests in Patriot radar modernization upgrades|
|Raytheon awarded contract to boost Patriot's performance, reduce operating costs
TEWKSBURY, Mass., Nov. 9, 2015 /PRNewswire/ -- The United States Army is acquiring upgrade kits to make the combat-proven Patriot Integrated Air and Missile Defense system better at detecting and destroying threats, cost less to operate, and run even more reliably than it already does. The U.S. Army recently awarded Raytheon Company (NYSE: RTN) a contract modification to an existing contract for radar digital p... |
|11/09/15||U.S. Army turns to Raytheon to support aircraft for foreign nations|
|Five-year Foreign Military Sales Systems Communications contract valued at up to $80 million
MCKINNEY, Texas, Nov. 9, 2015 /PRNewswire/ -- The U.S. Army Contracting Command awarded Raytheon Company (NYSE: RTN) an indefinite delivery/indefinite quantity (IDIQ) contract to provide communications systems, support and training for aircraft made available to foreign nations through the Foreign Military Sales (FMS) process. The five-year contract has a ceiling value of $80 million... |
|11/08/15||Raytheon completes DARPA Persistent Close Air Support flight test phase|
|Joint air-ground coordination tech to transition to the Services
TUCSON, Ariz., Nov. 8, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has successfully completed the flight test phase of the Defense Advanced Research Projects Agency (DARPA)'s Persistent Close Air Support (PCAS) program.
PCAS is a package of technologies designed to speed close air support to soldiers on the battlefield, enabling ground troops, Joint Terminal Attack Controllers (JTACs) and combat aircrews to share real... |
|11/05/15||Raytheon will begin FAB-T satellite communication terminal production|
|U.S. Air Force decision allows manufacturing for top governmental and military communications
MCKINNEY, Texas, Nov. 5, 2015 /PRNewswire/ -- The U.S. Air Force has cleared its Milestone C decision briefing allowing Raytheon Company (NYSE: RTN) to start low-rate initial production of communications terminals for the Family of Advanced Beyond Line of Sight Terminal (FAB-T) program.
The Milestone C review marks the beginning of the production phase of the program. Raytheon will produce both ... |
|11/04/15||World's busiest airport rolls out new Raytheon Air Traffic Control system|
|STARS in full operation in Atlanta's Hartsfield-Jackson Atlanta International Airport
TEWKSBURY, Mass., Nov. 4, 2015 /PRNewswire/ -- The Terminal Radar Approach Control (TRACON) facility in Atlanta's Hartsfield–Jackson Atlanta International Airport is now operating exclusively with automation technology from Raytheon Company (NYSE: RTN). Raytheon is providing the Standard Terminal Automation Replacement System (STARS) as part of the FAA's Terminal Automation Modernization a... |
|11/04/15||With scholarships and career advice, Raytheon helps veterans succeed as civilians|
|Company highlights veteran support during Week of Service
WALTHAM, Mass., Nov. 4, 2015 /PRNewswire/ -- From career counseling to care packages for wounded veterans, Raytheon (NYSE: RTN) is marking its Week of Service with efforts to help and honor those who have served in the military.
The Week of Service celebrates the volunteer work of Raytheon employees, many of whom support veterans and military families. Veteran support is a major part of Raytheon's culture, with more ... |
|10/29/15||Raytheon unveils next-gen TOW EagleFire launcher|
|Compatible with both wired and wireless, radio frequency missiles
TUCSON, Ariz., Oct. 29, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has introduced its TOW® EagleFire™ launcher, an evolutionary development designed to bridge the capabilities of existing launchers and eliminate obsolescence issues.
Designed to fire both the wire-guided and wireless radio frequency missiles, TOW EagleFire provides increased capabilities over the TOW 2 launcher at a lower cost.
"We improved targe... |
|10/28/15||U.S. Air Force awards Raytheon a $393 million contract for ISR mission support|
|Award follows millions in savings on prior contract
ROBINS AIR FORCE BASE, Ga., Oct. 28, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will continue mission support for the U.S. Air Force's Distributed Common Ground System (DCGS) under a new $393 million contract.* DCGS is the service's primary intelligence, surveillance and reconnaissance (ISR) analysis tool. Over the last decade, Raytheon has ensured high levels of performance for these critical ISR systems, while generating tens of m... |
|10/28/15||Raytheon training innovations win prestigious Brandon Hall Gold and Silver Excellence Awards|
|DALLAS, Oct. 28, 2015 /PRNewswire/ -- Raytheon Professional Services (RPS) LLC, a subsidiary of Raytheon Company (NYSE: RTN), was honored with four coveted Brandon Hall Excellence Awards, often called the 'Academy Awards' of the learning and training industry.
RPS earned two Gold and two Silver Brandon Hall Awards for the development of learning programs and solutions for its global clients.
The Brandon Hall Group Excellence Awards recognized programs and solutions that RPS developed for ... |
|10/26/15||Many more men than women are drawn to cybersecurity careers - and the gap is widening dramatically, new survey says|
|For National Cyber Security Awareness Month, Raytheon-NCSA global survey finds booming career field excludes women
DULLES, Va., Oct. 26, 2015 /PRNewswire/ -- The gap between U.S. young men and women who would consider a career devoted to Internet security is five times what it was a year ago, according to a new survey commissioned by Raytheon (NYSE: RTN) and the National Cyber Security Alliance (NCSA).
Globally, the disinterest of young adults in cybersecurity careers is epidemic – esp... |
|10/23/15||U.S. Navy awards Raytheon $159 million for Phalanx production|
|Close-in defense systems provide "last chance" ship defense
TUCSON, Ariz., Oct. 23, 2015 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $159.9 million contract to manufacture, inspect and test Phalanx Close-in Weapon Systems (CIWS).
The contract, which provides for a $10 million option in FY15 and another valued at $291 million in FY16, includes support equipment for the Phalanx and SeaRAM Weapon Systems, Block 1B radar upgrades and kits for reliability, maintain... |
|10/22/15||Raytheon Reports Solid Third Quarter 2015 Results|
|-- Solid bookings of $5.3 billion
-- Net sales of $5.8 billion, up 6 percent
-- EPS from continuing operations of $1.47
-- Strong operating cash flow from continuing operations of $1.1 billion
WALTHAM, Mass., Oct. 22, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced net sales for the third quarter 2015 of $5.8 billion compared to $5.5 billion in the third quarter 2014. Third quarter 2015 EPS from continuing operations was $1.47 compared to $1.65 in the third quarter 2014... |
|10/19/15||US Air Force, Raytheon test advanced electronic warfare weapon|
|Upgraded High-Speed Anti-Radiation Missile offers enhanced precision
TUCSON, Ariz., Oct. 19, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force have completed the latest in a series of successful flight tests for the HARM Control Section Modification (HCSM), the newest product in the HARM missile inventory.
An upgrade to existing HARM missiles, HCSM dramatically increases effectiveness against even the most modern enemy radar while reducing the possibility of colla... |
|10/15/15||Managed Services Provider Tel-Networks USA Adds SureView Insider Threat Solution to Existing Solution Portfolio|
|AUSTIN, Texas, Oct. 15, 2015 /PRNewswire/ -- Raytheon|Websense today announced that Tel-Networks USA has added the SureView® Insider Threat solution to their portfolio of cohesive and sustainable information technology infrastructure solutions. Tel-Networks USA specializes in providing organizations with Full Life Cycle services in Unified Communications both on Premise and Hosted, Virtualization, Network Server and Data Center Design and Full Private Cloud Hosted solutions to increase producti... |
|10/13/15||Raytheon Company to release third quarter 2015 results on Oct. 22, 2015|
|WALTHAM, Mass., Oct. 13, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its third quarter 2015 earnings news release at 7 a.m. EDT Thursday, Oct. 22, 2015. The release will be posted on Raytheon's website.
The third quarter 2015 earnings results conference call will be at 9 a.m. EDT Thursday, Oct. 22, 2015. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call.
|10/13/15||AESA radar with 360-degrees coverage moves toward production readiness|
|Raytheon Gallium Nitride-based AESA Patriot radar completes critical milestones
WASHINGTON, Oct. 13, 2015 /PRNewswire/ -- Threats such as drones, aircraft, and cruise and ballistic missiles may simultaneously attack deployed U.S. forces or America's allies from multiple directions in the future. Using Raytheon Company (NYSE: RTN) funding, an upgrade to the combat-proven Patriot Air and Missile Defense System's radar that provides 360-degrees of protection from those threats will soon be pr... |
|10/13/15||Raytheon completes development of 3rd Generation Bradley Commander's Primary Sight|
|Anticipating US Army proposal, upgraded to include dual-band thermal imager, hi-def camera
TUCSON, Ariz., Oct. 13, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems business has completed the development of its 3rd Generation Commander's Primary Sight ahead of the U.S. Army's anticipated Improved FLIR lethality engineering change proposal for the Bradley Infantry Fighting Vehicle.
"What sets our Commander's Primary Sight apart from others is Raytheon's coordinated reus... |
|10/12/15||Miniature Pike munitions go 2-for-2 in first guided tests|
|Raytheon's guided 40 mm rounds provide precision, lethality and extended range
TUCSON, Ariz., Oct. 12, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully fired two new Pike 40 mm precision-guided munitions from a standard tube grenade launcher during flight tests at Mile High Resources in Texas. Both rounds landed within the targeted impact area after flying more than 2,300 yards.
"Pike uses a digital, semi-active laser seeker to engage both fixed and slow-moving, mid-range... |
|10/12/15||Shifting Gears Program Launches Veterans into Successful Civilian Careers|
|FORT HOOD, Texas, Oct. 12, 2015 /PRNewswire/ -- The Shifting Gears Automotive Technician Training Program at Ft. Hood in Killeen, Texas, has successfully trained 101 soldiers as GM-certified automotive technicians to prepare them for success in civilian life.
Developed through a multi-year partnership between Raytheon, the U.S. Army and General Motors (GM), Shifting Gears has graduated four classes of soldiers since it launched in the summer of 2014. A fifth class is scheduled to graduate at ... |
|10/08/15||Raytheon awarded $18.6 million to expand border security work in Kingdom of Jordan|
|DULLES, Va., Oct. 8, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an additional $18.6 million contract from the Defense Threat Reduction Agency (DTRA) to help the Government of the Hashemite Kingdom of Jordan (GoHKJ) secure its borders with Syria. The award is for increment three of DTRA's Jordan Border Security Project (JBSP).
Raytheon previously announced the completion of Phase 2 and 3 (Jordan/Syria and Jordan/Iraq borders, respectively) as part of the JBSP, deliver... |
|10/07/15||Raytheon holds 5 million training events, saves $400 million|
|DULLES, Va., Oct. 7, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) in partnership with the U.S. Army has held five million training events while saving $400 million in costs on the Warfighter Field Operations Customer Support (FOCUS) contract since 2008.
Raytheon leads the Warrior Training Alliance (WTA), a team of more than 150 companies that conducts training and provides global sustainment services for the U.S. Army. That includes 92 digital training ranges and more than 250,000 traini... |
|10/05/15||US Navy, Raytheon demonstrate network-enabled Tomahawk cruise missiles in flight|
|Flight test validates weapon's unmatched flexibility and capability
SAN NICOLAS ISLAND, Calif., Oct. 5, 2015 /PRNewswire/ -- A Tomahawk Block IV cruise missile successfully showed it can take a reconnaissance photo and follow orders to re-target in mid-flight during a test conducted by the U.S. Navy and Raytheon Company (NYSE: RTN).
During the test, a missile launched from the guided missile destroyer USS Gridley (DDG 101) used its onboard camera to capture battle damage indication image... |
|10/05/15||Raytheon broadens cyber capabilities with acquisition of Foreground Security|
|DULLES, Va., Oct. 5, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced it has acquired Herndon, Virginia-based Foreground Security, a leading provider of security operations centers (SOCs), managed security service solutions and cybersecurity professional services. The acquired company, which will be called Raytheon Foreground Security (RFS), accelerates Raytheon's expansion into managed security services across federal, international and commercial markets. RFS has approximately 165 ... |
|10/01/15||Raytheon completes nationwide rollout of modernized National Weather Service data system|
|Advanced weather forecasting now available at more than 140 locations
SILVER SPRING, Md., Oct. 1, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has completed its rollout of the nation's next-generation weather data system, which may help enable the U.S. National Weather Service (NWS) to make even more precise and timely weather predictions. The company's Advanced Weather Interactive Processing System II (AWIPS II) is now operational at all NWS offices across the U.S. and its territories... |
|09/30/15||Raytheon's combat-proven Excalibur moves closer to sea-based application|
|N5 variant fired from 5-inch naval gun during testing
TUCSON, Ariz., Sept. 30, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) successfully fired its new Excalibur N5 projectile during a recent live guided flight test at Yuma Proving Ground, Ariz.
A company-funded initiative, Excalibur N5 is a 5-inch/127 mm naval variant of the combat-proven Excalibur precision projectile used by the U.S. Army, the U.S. Marine Corps and several international armies. It is expected to more than triple ... |
|09/29/15||Raytheon awards 40 scholarships to FIRST® Robotics competitors from 18 states|
|Program supports FIRST Robotics alumni who plan to pursue science, technology, engineering and math (STEM) majors in college
WALTHAM, Mass., Sept. 29, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will award $1,000 individual scholarships to 40 high school seniors or full-time college students who participated in a FIRST Robotics Competition or were a member of a FIRST Tech Challenge team. The scholarship recipients hail from Alabama, California, Texas and 15 other states.
The 2015 R... |
|09/28/15||U.S. Department of Homeland Security Awards Raytheon New Contract to Provide Mission Critical Cybersecurity Solutions|
|Contract Could be Worth Approximately $1 Billion
DULLES, Va., Sept. 28, 2015 /PRNewswire/ -- The U.S. Department of Homeland Security (DHS) has selected Raytheon Company (NYSE: RTN) to be the prime contractor and systems integrator for the agency's Network Security Deployment (NSD) Division. NSD is responsible for the National Cybersecurity Protection System (NCPS), a system providing the vital infrastructure that assists more than 100 federal civilian government agencies with the protectio... |
|09/24/15||Raytheon recognizes 25 teachers for excellence in math and science|
|Teachers from Arizona, California, Colorado, Texas and 10 other states honored for making subjects relatable for their students
WALTHAM, Mass., Sept. 24, 2015 /PRNewswire/ -- Twenty-five U.S. teachers whose classroom creativity has helped them demonstrate the wonders of math and science are being recognized by Raytheon as "Math Heroes." The Raytheon Company (NYSE: RTN) program provides each winner with a $2,500 award, in addition to a matching grant for his or her school.
The Math Hero... |
|09/23/15||Raytheon|Websense® Labs Diagnoses State of Healthcare IT Security|
|- Healthcare industry sees 340 percent more security incidents and attacks than the average industry
- Medical data 10X more valuable; 200 percent more likely to encounter data theft
- Connected medical devices increase attack surfaces
AUSTIN, Texas, Sept. 23, 2015 /PRNewswire/ -- Raytheon|Websense, a global leader in protecting organizations from the latest cyber-attacks and data theft, today announced the findings of the Websense Security Labs™ 2015 Healthcare Drill-Down Report, exa... |
|09/23/15||Raytheon wins prestigious Brandon Hall award for Patriot missile battery virtual training|
|Company earns "Academy Award" for video game-like tech that creates 3-D avatars of soldiers
EL PASO, Texas, Sept. 23, 2015 /PRNewswire/ -- Virtual training technology developed by Raytheon (NYSE: RTN) has received the prestigious Brandon Hall silver award for "Best Use of Games or Simulations for Learning." Touted as the Oscars of the learning and training industry, the Brandon Hall Group Excellence Awards recognized Raytheon for innovative virtual training developed to train U.S. Army sold... |
|09/17/15||First Raytheon SeaRAM® missile fired from a US Navy Littoral Combat Ship|
|Weapon system tracks and engages target in LCS 4 exercise
TUCSON, Ariz., Sept. 17, 2015 /PRNewswire/ -- For the first time, the U.S. Navy successfully fired a tactical missile from a SeaRAM launcher on an Independence variant littoral combat ship. The missile was launched Aug. 14 during a live-fire exercise at the Naval Air Warfare Center Weapons Division sea range off the coast of California. U.S.S. Coronado (LCS 4) fired a Rolling Airframe Missile from a SeaRAM® anti-ship defense system,... |
|09/16/15||Raytheon receives $87 million SM-3 Block IIA contract|
|US, Japan cooperative effort on track for 2018 deployment
TUCSON, Ariz., Sept. 16, 2015 /PRNewswire/ -- The Missile Defense Agency awarded Raytheon Company (NYSE: RTN) $87 million to purchase long-lead materials needed to produce up to 17 Standard Missile-3 Block IIAs that will be used for testing and initial deployment. A follow-on contract for the additional materials, parts and components is expected by early 2016.
"Our Japanese partners have been tremendous allies in this developme... |
|09/15/15||DARPA Awards Raytheon BBN Technologies $12.2M to optimize information flow in military networks|
|EdgeCT seeks to ensure more reliable mission communications
CAMBRIDGE, Mass., Sept. 15, 2015 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) recently awarded Raytheon BBN Technologies $12.2 million under the Edge-Directed Cyber Technologies for Reliable Mission Communication (EdgeCT) program to research optimized information flow for military operations over wide area networks.
The goal of the EdgeCT program is to ensure mission-critical communications are less susc... |
|09/09/15||Raytheon, US Navy demonstrate new electronic attack architecture using MALD-J aerial jammer|
|IndyCar racing tech adapted to create "swappable" mission capabilities
JOINT PACIFIC ALASKA RANGE COMPLEX, Alaska, Sept. 9, 2015 /PRNewswire/ -- The U.S. Naval Research Lab and Raytheon Company (NYSE: RTN) have demonstrated successful captive flights of a modular, rapid replacement architecture for electronic warfare (EW) payloads on the Miniature Air Launched Decoy-Jammer (MALD-J). The testing occurred during the biannual Northern Edge exercise in Alaska.
Called CERBERUS, four separate... |
|09/08/15||Netherlands orders Raytheon Excalibur Ib precision munitions, becomes second European customer|
|GPS-guided artillery rounds will arm Dutch PzH 2000 howitzers
TUCSON, Ariz., Sept. 8, 2015 /PRNewswire/ -- The Netherlands Ministry of Defense is adding Raytheon Company's (NYSE: RTN) Excalibur Ib artillery rounds to its arsenal under a previously announced foreign military sales agreement, underscoring growing international interest in the precision-guided projectile.
The Netherlands is the second Excalibur lb customer in Europe after Sweden, the U.S. government's development partner fo... |
|09/03/15||US Navy approves full-rate production for Raytheon AIM-9X Block II|
|TUCSON, Ariz., Sept. 3, 2015 /PRNewswire/ -- The U.S. Navy cleared Raytheon Company (NYSE: RTN) to begin full-rate production on the AIM-9X® Sidewinder Block II infrared air-to-air missile. The program completed operational test and evaluation earlier this year and Raytheon is now approved to produce missiles at full factory capacity.
"We've proven the increased capabilities of the AIM-9X Block II, and are confident Raytheon can produce missiles at full rate," said U.S. Navy Program Manager... |
|09/02/15||Raytheon's Excalibur Ib Compatible with M198 howitzer|
|Precision round can be fired from worldwide artillery platforms
PICATINNY ARSENAL, N.J., Aug. 21, 2015 /PRNewswire/ -- The U.S. Army's Excalibur Program Office has determined that Raytheon Company's (NYSE: RTN) Excalibur Ib precision guided artillery round is fully compatible with the M198 howitzer when used with the Modular Artillery Charge System.
The compatibility allows allied military forces to use the world's only 155 mm precision munition when firing the M198 howitzer. Excalibur... |
|09/02/15||Raytheon awarded $33 million sonar system contract|
|Advancing anti-submarine warfare capability of US and allied Navies
TEWKSBURY, Mass., Sept. 2, 2015 /PRNewswire/ -- The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a $33 million contract for the production, integration, testing and delivery of AN/AQS-22 Airborne Low Frequency Sonar (ALFS) systems. The contract includes an option for additional systems for U.S. inventory and potential Foreign Military Sale. The option, if exercised, would bring the cumulative value of this contract to... |
|09/02/15||Raytheon expanding in Colorado Springs|
|Company begins work on $700M NORAD support contract
COLORADO SPRINGS, Colo., Sept. 2, 2015 /PRNewswire/ -- Raytheon (NYSE: RTN) will speed up growth of its Colorado Springs presence after signing a $700 million multi-year indefinite-delivery/indefinite-quantity contract to support operations at NORAD's Cheyenne Mountain Complex.
Under the NORAD Integrated Space Support Contract (NISSC), Raytheon will provide 24/7 support to warning and attack assessment systems for air, missile and sp... |
|09/02/15||PCO of Poland, Raytheon sign Letter of Intent for surveillance, targeting systems project|
|Work to focus on night vision devices and thermal weapon sights
KIELCE, Poland, Sept. 2, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems business signed a Letter of Intent with PCO S.A., Poland's leading manufacturer of optoelectronic devices and laser systems, to collaboratively develop soldier sensors.
Areas of cooperation will include:
Design, development and production of an enhanced night vision goggle
Advanced reconnaissance, surveillance & targeting... |
|09/01/15||Next Generation Jammer prototype powers through critical test|
|Electronic warfare system passes significant early milestone
MCKINNEY, Texas, Sept. 1, 2015 /PRNewswire/ -- In collaboration with the U.S. Navy, Raytheon Company (NYSE: RTN) recently completed Effective Isotropic Radiated Power (EIRP) testing for its Next Generation Jammer (NGJ) array prototypes at the Benefield Anechoic Facility at Edwards Air Force Base, California.
"Raytheon and the Navy developed a realistic testing program designed to ensure that the NGJ electronic warfare system m... |
|08/27/15||Raytheon and US Navy collaborate to optimize minehunting sonar|
|Extends partnership of Rhode Island's undersea experts
PORTSMOUTH, R.I., Aug. 27, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is working closely with the Naval Undersea Warfare Center (NUWC) – Division Newport to enhance the features of the company's AN/AQS-20A minehunting sonar. Together, the team is analyzing the system's synthetic aperture sonar to fully optimize its ability to capture and process high- and low-resolution images of mine threats undersea.
"Extending our long hi... |
|08/26/15||Raytheon to provide training services to U.S. Air Force|
|Company will help maintain mission readiness over 10 years
DULLES, Va., Aug. 26, 2015 /PRNewswire/ -- The U.S. Air Force has named Raytheon Company (NYSE: RTN) as one of the prime contractors on the Training Systems Acquisition III (TSA III) contract. This allows Raytheon to bid on delivery orders on this multiple award, indefinite delivery/indefinite quantity contract with a total ceiling value of $20.9 billion over 10 years.
Under this Air Force Life Cycle Management Center contract, R... |
|08/26/15||Raytheon air-to-air missile scores direct hit from U.S. Army ground launcher|
|AIM-9X® missile demonstrates flexibility, new capability
TUCSON, Ariz., Aug. 26, 2015 /PRNewswire/ -- The U.S. Army and Raytheon Company (NYSE: RTN) successfully test fired an AIM-9X Block II missile from the Army's ground-based Indirect Fire Protection Capability Increment 2-I (IFPC 2-I) Block 1 Multi-Mission Launcher (MML).
AIM-9X is traditionally fired from aircraft toward aerial targets and this test demonstrated that the latest AIM-9X can be used in both air-to-air comb... |
|08/21/15||NASA extends Raytheon contract for facilities that support human spaceflight|
|Raytheon will receive up to $101.9 million to support facilities at the Johnson Space Center
HOUSTON, Aug. 21, 2015 /PRNewswire/ -- NASA's Johnson Space Center has awarded to Raytheon Company (NYSE:RTN) a contract extension with a potential value of $101.9 million. Raytheon will continue to provide operations, maintenance and engineering services for up to four years to NASA's Neutral Buoyancy Lab (NBL) and Space Vehicle Mockup Facility (SVMF), facilities that are critical to safe human spa... |
|08/21/15||Raytheon's Excalibur Ib Compatible with M198 howitzer|
|Precision round can be fired from worldwide artillery platforms
PICATINNY ARSENAL, N.J., Aug. 21, 2015 /PRNewswire/ -- The U.S. Army's Excalibur Program Office has determined that Raytheon Company's (NYSE: RTN) Excalibur Ib precision guided artillery round is fully compatible with the M198 howitzer when used with the Modular Artillery Charge System.
The compatibility allows allied military forces to use the world's only 155 mm precision munition when firing the M198 howitzer. Excalibur... |
|08/18/15||U.S. Special Operations Command Taps Raytheon for Mission Support|
|Multiple-award special operations forces training and support contract has $900 million ceiling
DULLES, Va., Aug. 18, 2015 /PRNewswire/ -- U.S. Special Operations Command has awarded the SOCOM-Wide Mission Support (SWMS) contract to Raytheon Company (NYSE: RTN). The multiple award is an indefinite delivery-indefinite quantity vehicle with a $900 million ceiling.
Under this Group A contract, Raytheon Blackbird Technologies will provide professional, program management and technical servi... |
|08/18/15||Raytheon and Boys & Girls Clubs of America establish 'Centers of Innovation'|
|Centers will enhance math and science education for military youth in U.S. and abroad
WALTHAM, Mass., Aug. 18, 2015 /PRNewswire/ -- Raytheon (NYSE: RTN) is establishing its first six 'Centers of Innovation' at Boys & Girls Clubs affiliated Youth Centers on U.S. military installations and at Clubs that support military families. The centers are being funded through the company's $5 million, multi-year commitment to Boys & Girls Clubs of America (BGCA), part of Raytheon's re... |
|08/14/15||Missile Defense Agency awards Raytheon study contract for Multi-Object Kill Vehicle concept|
|TUCSON, Ariz., Aug. 14, 2015 /PRNewswire/ -- The U.S. Missile Defense Agency awarded Raytheon Company (NYSE: RTN) a $9,775,608 competitive cost-plus-fixed-fee contract for a Multi-Object Kill Vehicle concept that can destroy several objects within a threat complex by considering advanced sensor, divert and attitude control and communication concepts.
"We fully support the Missile Defense Agency's goal of increasing the effectiveness and reliability of our homeland defense by exploring a wide... |
|08/13/15||Patriot Air and Missile Defense celebrates 50 years of innovation|
|Cutting-edge technology based on combat, 700 flight tests
HUNTSVILLE, Ala., Aug. 13, 2015 /PRNewswire/ -- Even as the combat-proven Patriot Air and Missile Defense System celebrates 50 years of innovation, revolutionary technologies developed by Raytheon Company (NYSE: RTN) are evolving the battle-proven platform to face the threats of today and tomorrow.
"Today's Patriot is an evolving, cutting edge system that was built on a foundation of more than 2,500 ground tests, 700 flight tests... |
|08/12/15||Raytheon receives $52 million award to continue JPALS test and analysis program|
|Development focused on advanced capabilities and Joint Strike Fighter integration
TEWKSBURY, Mass., Aug. 12, 2015 /PRNewswire/ -- The U.S. Navy extended Raytheon Company's (NYSE: RTN) Engineering and Manufacturing Development contract on the Joint Precision Approach Landing Systems (JPALS) program. Raytheon will continue testing and analysis in support of auto-land capability and integration of the F-35 Joint Strike Fighter. The contract value is $52 million.
"The JPALS program is a coll... |
|08/12/15||Raytheon Delivers Next-Generation SATCOM Radio for Certification Testing|
|MCKINNEY, Texas, Aug. 12, 2015 /PRNewswire/ -- The U.S. Army has awarded Raytheon Company (NYSE: RTN) a $36 million contract to fund the certification and testing of a significant upgrade to the AN/ARC-231 Multi-Mode Communications System. The upgraded systems will provide the highest level of security for voice and data communications for more than 7,000 rotary, fixed wing and unmanned Army platforms – including Apaches, Blackhawks, Chinooks and Gray Eagles.
The AN/ARC-231 is a VHF/UHF multi... |
|08/05/15||New software flies high as US Navy, Raytheon complete Tomahawk flight test|
|GULF OF MEXICO, Fla., Aug. 5, 2015 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) demonstrated new capabilities for the Tomahawk Block IV cruise missile in a successful flight test conducted from the guided missile cruiser USS Anzio (CG-68).
The test proved that the Block IV can operate with an improved, more flexible mission planning capability.
"Together with our U.S. Navy partners, we continue to modernize the Tomahawk Baseline IV weapon system to outpace threats and ... |
|08/03/15||Missile Defense Agency, Raytheon demonstrate SM-6's new anti-ballistic missile defense capability|
|Test series proves interceptor's multi-mission flexibility
PACIFIC MISSILE FIRING RANGE, Hawaii, Aug. 3, 2015 /PRNewswire/ -- In a first-of-its-kind test, the U.S. Navy fired a Raytheon Company (NYSE: RTN) Standard Missile-6, intercepting and destroying a short-range ballistic missile target at sea. The successful U.S. Missile Defense Agency (MDA) test proved a modified SM-6 can eliminate threat ballistic missiles in their final seconds of flight.
"SM-6 is the only missile in the world... |
|07/30/15||Raytheon Company appoints Wesley D. Kremer President, Integrated Defense Systems|
|WALTHAM, Mass., July 30, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of Wesley D. Kremer as President, Integrated Defense Systems, effective immediately. Kremer, 50, previously served as vice president of the Air and Missile Defense Systems (A&MDS) product line of Raytheon Missile Systems. He succeeds Daniel J. Crowley, who informed the company of his intention to resign from Raytheon on December 31, 2015. Mr. Crowley w... |
|07/30/15||Survey Finds Employee Negligence is Leading Cause of Insider Threats in the U.S. and Germany|
|Raytheon|Websense survey: Companies still uncertain how to mediate unintentional insider threats beyond training and awareness programs
AUSTIN, Texas, July 30, 2015 /PRNewswire/ -- Employee negligence, which may be caused by multitasking and working long hours, can result in insider threats and cost companies millions of dollars each year. It can cost a U.S. company as much as $1.5 million and Germany companies €1.6 million in time wasted responding to security incidents caused by human err... |
|07/29/15||Raytheon Installs First GPS OCX Hardware|
|Schriever Air Force Base Receives Next-Gen Control System
AURORA, Colo., July 29, 2015 /PRNewswire/ -- Raytheon (NYSE: RTN) has installed the first operational hardware for the Global Positioning System's Next Generation Operational Control System, known as GPS OCX. The new ground command and control system will significantly modernize U.S. GPS capabilities and manage the next generation of GPS satellites. Installation of the Launch and Checkout System (LCS) hardware was completed in early ... |
|07/24/15||Robert Beauchamp elected to Raytheon Board of Directors|
|WALTHAM, Mass., July 24, 2015 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected Robert "Bob" Beauchamp as a director, effective immediately.
Beauchamp, 55, is chairman, president and CEO of BMC Software, Inc., a global provider of business service management software. He joined BMC in 1988 and has served as president and CEO since 2001. Beauchamp was named board chairman of BMC in 2008.
"Bob's extensive leadership experience and deep understanding of to... |
|07/23/15||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., July 23, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.67 per outstanding share of common stock. The cash dividend is payable on Nov. 12, 2015, to shareholders of record as of the close of business on Oct. 7, 2015.
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil govern... |
|07/23/15||Raytheon Reports Solid Second Quarter 2015 Results|
|- Strong bookings of $7.6 billion; book-to-bill ratio of 1.30
- Net sales of $5.8 billion, up 3 percent
- EPS from continuing operations of $1.65
- Solid operating cash flow from continuing operations of $376 million
- Updated full-year 2015 guidance
WALTHAM, Mass., July 23, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced net sales for the second quarter 2015 were $5.8 billion compared to $5.7 billion in the second quarter 2014. Second quarter 2015 EPS from continuin... |
|07/21/15||Raytheon, partners develop low-cost, high-tech airframe for U.S. Air Force decoy|
|Strong global partnerships reduce costs 25 percent
TUCSON, Ariz., July 21, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with Fokker and Dallara, has developed a lower-cost carbon fiber airframe for the U.S. Air Force's Miniature Air Launched Decoy (MALD) by applying robotics and formula racing technologies.
The three companies reduced airframe production costs by 25 percent. The new innovative composite design will be included in this year's Lot 7 production.
|07/14/15||Raytheon Company to release second quarter 2015 results on July 23, 2015|
|WALTHAM, Mass., July 14, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its second quarter 2015 earnings news release at 7 a.m. EDT Thursday, July 23, 2015. The release will be posted on Raytheon's website.
The second quarter 2015 earnings results conference call will be at 9 a.m. EDT Thursday, July 23, 2015. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call.
|07/13/15||Independent Research Firm Cites Websense® as a Leader in SaaS Web Content Security|
|Websense among most significant providers in the category
AUSTIN, Texas, July 13, 2015 /PRNewswire/ -- Raytheon|Websense (formerly Websense), a global leader in protecting organizations from the latest cyber attacks and data theft, today announced its citation as a leader for its Triton AP-Web with Web Cloud Module in global research and advisory firm Forrester Research's June 26, 2015, report, "The Forrester Wave™: SaaS Web Content Security, Q2 2015." *
Forrester's independent, 26-cri... |
|07/13/15||Raytheon a Finalist in DARPA Cyber Grand Challenge Competition to Develop Self-healing Cyber Technologies|
|DULLES, Va., July 13, 2015 /PRNewswire/ -- The Raytheon Company (NYSE: RTN) team participating in the Defense Advance Research Project Agency's Cyber Grand Challenge has advanced to the next round of competition to identify the computer security experts who are best at developing new automated cybersecurity systems. DARPA's Cyber Grand Challenge is a first-of-its-kind tournament that speeds the development of automated security systems able to defend against cyberattacks as fast as they are laun... |
|07/09/15||Raytheon invests in Poland's premier technical universities|
|$100,000 donation to fund innovative learning
TEWKSBURY, Mass., July 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has announced a $100,000 education investment to two of Poland's premier technical universities – Military University of Technology and Warsaw University of Technology – to advance studies in the field of science, technology, engineering and math (STEM). A $50,000 donation to each university will fund scholarships and research programs to support graduate level studies i... |
|07/08/15||Raytheon delivers operational border security capability to Hashemite Kingdom of Jordan under DTRA contract|
|DULLES, Va., July 8, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has delivered operational capability under a $79 million Defense Threat Reduction Agency (DTRA) contract to help the government of the Hashemite Kingdom of Jordan (GoHKJ) secure its borders with Syria and Iraq. The contract included the delivery of key command, control, communications, and surveillance (C3/S) capabilities to the Jordanian Armed Forces. The operational capability, provided three months ahead of project comple... |
|07/06/15||NASA awards Raytheon $240 million contract for earth science data system|
|Latest contract continues Raytheon's contributions to NASA's environmental science efforts dating back to 1992
RIVERDALE, Md., July 6, 2015 /PRNewswire/ -- NASA's Goddard Space Flight Center has awarded the Raytheon Company (NYSE: RTN) a five year contract valued at up to $240 million to continue its support of the Earth Observing Systems Data and Information System (EOSDIS). This system ingests, archives and makes earth science data available to the scientific community worldwide. The lat... |
|07/01/15||Raytheon wins US Army IDIQ contract award|
|Will provide R&D for ground vehicles, ground robotics
TUCSON, Ariz., July 1, 2015 /PRNewswire/ -- The U.S. Army Contracting Command – Warren recently awarded Raytheon Company (NYSE: RTN) the TACOM Strategic Service Solutions (TS3) indefinite delivery/indefinite quantity (IDIQ) contract. The five-year multiple-award vehicle has a ceiling value of $634 million.
The agreement covers future work on sensors, fire control systems, active protection systems, and robotics and autonomous syst... |
|06/25/15||Raytheon receives five 2015 James S. Cogswell Awards for industrial security excellence|
|WALTHAM, Mass., June 25, 2015 /PRNewswire/ -- The Defense Security Service (DSS) honored Raytheon Company (NYSE: RTN) with a record five James S. Cogswell Awards for industrial security excellence during a June 24 ceremony in Las Vegas, Nevada.
"Less than one percent of companies our size achieve this recognition from DSS," said Dan Schlehr, Raytheon vice president of Global Security Services. "Safeguarding our customers' information is one of our top priorities. Every Raytheon employee is c... |
|06/19/15||Navy awards Raytheon multi-year contract for AN/APY-10 radars for P-8A Poseidons|
|MCKINNEY, Texas, June 19, 2015 /PRNewswire/ -- The U.S. Navy has awarded Raytheon Company (NYSE: RTN) a multi-year contract valued at $153 million to produce 53 maritime, littoral and overland surveillance radars for its fleet of Boeing P-8A Poseidon aircraft.
The AN/APY-10 delivers accurate and actionable information in all weather, day and night, for anti-submarine and anti-surface warfare, and for intelligence, surveillance and reconnaissance missions. It offers a dedicated periscope detec... |
|06/17/15||Raytheon and CSC in teaming agreement for Army Training Program|
|Partnership to deliver combat-proven global logistics support
DULLES, Va., June 17, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and CSC (NYSE: CSC) announced they have signed a comprehensive teaming agreement to compete for the Army Training Aids, Devices, Simulators and Simulations Maintenance Program (ATMP).
This new teaming agreement leverages Raytheon's proven experti... |
|06/17/15||US Navy uses SM-6 to intercept medium-range supersonic target from 'over-the-horizon'|
|WHITE SANDS MISSILE RANGE, N.M., June 17, 2015 /PRNewswire/ -- The U.S. Navy's USS Desert Ship (LLS-1) crew fired a Raytheon Company (NYSE: RTN) Standard Missile-6 at a medium-range supersonic target, successfully engaging the simulated 'over-the-horizon' threat. This mission was the next in a test series for Naval Integrated Fire Control – Counter Air (NIFC-CA), a program designed to link U.S. Navy ships and airborne sensors into a single network.
"This flight test is yet another demonstrat... |
|06/17/15||New AIM-9X Sidewinder missile completes Operational Test and Evaluation live fires|
|AIM-9X Block II provides warfighters with significant advancements
TUCSON, Ariz., June 17, 2015 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) completed operational testing and evaluation live fires of the AIM-9X® Sidewinder Block II infrared air-to-air missile. Testing and evaluation consisted of 16 planned shots against a mix of full-scale and sub-scale targets. The U.S. government is now finalizing approval, acceptance and delivery of Block II missiles to the U.S. service... |
|06/16/15||Small Diameter Bomb II program awarded $31 million|
|Program to begin low-rate initial production
TUCSON, Ariz., June 16, 2015 /PRNewswire/ -- After recently achieving Milestone C, Raytheon Company (NYSE: RTN) has been awarded a $30,947,228 fixed-price incentive firm contract for the Small Diameter Bomb II (SDB II).
Raytheon will provide low-rate initial production for 144 SDB II Lot 1 munitions, 156 SDB II Lot 1 single weapon containers, eight SDB II weapon load crew trainers and conventional munitions maintenance trainers, four SDB II L... |
|06/16/15||US Army fires TALON Laser Guided Rockets from Apache helicopters|
|Shots help define tactics, techniques and procedures
EGLIN AIR FORCE BASE, Fla., June 16, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN), working with the U.S. Army, successfully completed a series of TALON Laser Guided Rocket shots during recent tests.
Firing 25 rockets from both Apache D and E models, the series will help define the Army's small guided munitions requirement and acquisition strategy while also developing combat tactics, techniques and procedures for use with guided ... |
|06/15/15||Raytheon and Kongsberg extend partnership on NASAMS|
|Ten-year agreement maintains focus on optimal system performance for global customers
PARIS, June 15, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Kongsberg have signed an agreement to extend their partnership on the National Advanced Surface-to-Air Missile System (NASAMS). Dr. Tom Kennedy, Raytheon Chairman and CEO, and Harald Annestad, CEO Kongsberg Defence & Aerospace AS, signed the 10-year agreement during the Paris Air Show.
"Raytheon has partnered with Kongsberg for... |
|06/15/15||Allies may acquire advanced ballistic missile defense radar|
|Export of forward-based mode AN/TPY-2 radar
TEWKSBURY, Mass., June 15, 2015 /PRNewswire/ -- The U.S. government has authorized several U.S. allies and security partners to potentially purchase via Foreign Military Sales the Raytheon-made (NYSE: RTN) AN/TPY-2 ballistic missile defense radar, for use in forward-based mode.
In forward-based mode, the AN/TPY-2 is positioned near hostile territory and acquires ballistic missiles in the boost (ascent) phase of flight shortly after they are l... |
|06/12/15||Raytheon Demonstrates Advanced GPS OCX Capabilities|
|ARLINGTON, Va., June 12, 2015 /PRNewswire/ -- Last week, Raytheon demonstrated the advanced capabilities of the Global Positioning System's Next Generation Operational Control System (GPS OCX) to key Defense Department and other stakeholders through a series of realistic operational demonstrations. These demonstrations, which incorporated software that will be delivered with the Launch and Checkout System, validated how automation will improve system efficiency and effectiveness. GPS OCX is the... |
|06/11/15||Raytheon completes milestones on path to production-ready GaN-based AESA Patriot|
|TEWKSBURY, Mass., June 11, 2015 /PRNewswire/ -- Militaries of the future will soon have access to a single radar capable of protecting troops' backs from threats such as ballistic and cruise missiles, and drones. Raytheon Company (NYSE: RTN) recently completed a series of milestones, bringing the combat-proven Patriot Air and Missile Defense System with 360-degrees of coverage one step closer to production readiness.
The milestones involve upgrading the Patriot' radar main array with Gallium... |
|06/10/15||Raytheon completes lab testing on AMRAAM-ER, NASAMS integration|
|New missile, combined with proven launcher and radar, will provide robust ground-based air defense
TUCSON, Ariz., June 10, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has completed extensive lab testing on a new extended range variant of the combat-proven AMRAAM®. The tests validate that AMRAAM-ER can be integrated and employed from the NASAMS launcher. Designed specifically for ground-based air defense, AMRAAM-ER will be combined with AN/MPQ-64 F1Sentinel radar and the NASA... |
|06/09/15||Media Advisory: Raytheon Statement on German TVLS Acquisition|
|German Patriot systems have played a leading role in the defense of Europe and NATO for more than three decades. We have not received formal notification from the German MoD on their plans for the TVLS acquisition and will continue to fully support their consideration of alternatives prior to a final contract award.
Raytheon continues to mature the combat-proven Patriot system with our 360-degree capability, open architecture Next Generation Patriot Solution recently selected over other's de... |
|06/07/15||U.S. begins flight testing advanced missile defense interceptor|
|First flight test of next-gen Standard Missile-3 complete
POINT MUGU NAVAL STATION, Calif., June 7, 2015 /PRNewswire/ -- The U.S. Navy and Missile Defense Agency (MDA) conducted the first flight test of the Raytheon Company (NYSE: RTN) Standard Missile-3 Block IIA. The interceptor's bigger rocket motors and more capable kill vehicle will engage threats sooner and protect larger regions from short- to intermediate-range ballistic missile threats.
"The SM-3 Block IIA program reflects th... |
|06/03/15||Raytheon opens state-of-the-art global cyber solutions center in Washington, D.C. area|
|Cyber testing and demonstration facility enables customers to assess cybersecurity approaches and better manage risks
DULLES, Va., June 3, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is expanding its worldwide network of cybersecurity demonstration and research facilities with this week's opening of its Global Cyber Solutions Center (GCSC) in Sterling, Va. The demonstration center provides a valuable resource for U.S. government agencies, other nations and major global companies to un... |
|06/03/15||Advanced weapons, cyber tech and battle control to star at Raytheon's Paris Air Show showcase|
|WALTHAM, Mass., June 3, 2015 /PRNewswire/ -- The Paris Air Show is the kind of place where big planes fly like fighter jets and fighter jets fly like dancers.
It's a place where a mammoth jetliner will soar through a series of acrobatic dives and turns, while fighter pilots fly in tight formation and show off maneuvers that appear to defy physics.
And in a pavilion just steps from the flight line, experts from Raytheon will show off the latest developments in the company's defense and ae... |
|06/03/15||Raytheon Releases 2014 Corporate Responsibility Report|
|WALTHAM, Mass., June 3, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) published its 2014 Corporate Responsibility Report, describing the company's commitment to enriching the lives of people, strengthening its performance and reducing its impact on the planet. The report, including a PDF download, can be viewed on the company's website at www.raytheon.com/responsibility.
"Earlier this year, Raytheon launched our new vision statement: one global team creating trusted, innovative solution... |
|06/03/15||Raytheon brings Engineering is Elementary® to Calvert County, Md. elementary schools|
|Program aims to inspire future engineers by spurring science, technology, engineering, and math (STEM) learning
WALTHAM, Mass., June 3, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has funded a $37,000 grant to help teach engineering concepts and practices to elementary school students in Maryland's Calvert County Public Schools. The grant is part of a larger $2 million Raytheon initiative to help improve STEM education nationwide by expanding the use of Engineering is Elementary® (EiE... |
|06/02/15||Raytheon awarded $149 million for Standard Missile-6s|
|US Navy wants to rapidly increase quantities
TUCSON, Ariz., June 2, 2015 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) an additional $149 million for 74 Standard Missile-6 all up rounds, spares, containers and services. When combined with the nearly $110 million long-lead material purchase made in March 2015, the total full-rate production contract for Fiscal Year 2015-2016 is $259 million. Future contract modifications include options which, if exercised, would bring... |
|06/02/15||Raytheon awarded second phase of DTRA Philippines maritime border security contract|
|DULLES, Va., June 2, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) secured the competitively-awarded second increment of the Defense Threat Reduction Agency (DTRA) maritime border security contract for the Republic of the Philippines. Under the $25 million contract, Raytheon will deliver sensing, command and control, and communications systems along with the training and sustainment services necessary to operationalize maritime border security capabilities.
Specific work planned under th... |
|05/29/15||Raytheon announces completion of commercial cybersecurity joint venture transaction with Vista Equity Partners|
|Raytheon|Websense to provide broad set of defense-grade solutions to rapidly-growing, global commercial cybersecurity markets
WALTHAM, Mass., May 29, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Vista Equity Partners have completed a joint venture transaction creating a new company that combines Websense, a Vista Equity portfolio company, and Raytheon Cyber Products, a product line of Raytheon's Intelligence, Information and Services business. The newly-formed commercial cybersecur... |
|05/29/15||US Navy achieves initial operating capability on Rolling Airframe Missile Block 2|
|Enhanced missile flies farther, turns harder and counters complex targets
TUCSON, Ariz., May 29, 2015 /PRNewswire/ -- The U.S. Navy has achieved initial operational capability (IOC) with the Rolling Airframe Missile Block 2 produced by Raytheon Company (NYSE: RTN). RAM Block 2 is a significant performance upgrade that features enhanced kinematics, an evolved radio frequency receiver, and an improved control system.
"RAM Block 2 provides the accuracy and lethality our sailors need to com... |
|05/29/15||Raytheon Anschutz expands U.S. operations|
|Establishes Raytheon Anschuetz USA LLC in San Diego
SAN DIEGO, May 29, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announces the launch of its new subsidiary, Raytheon Anschuetz USA LLC, located in San Diego, Calif.
Raytheon Anschuetz USA LLC reinforces customer care and support for Raytheon Anschütz navigation systems in the United States for commercial ship owners and shipyards as well as government entities, including the Coast Guard, Military Sealift Command, Navy, and Army.
|05/28/15||Raytheon Company declares quarterly cash dividend|
|WALTHAM, Mass., May 28, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.67 per outstanding share of common stock. The cash dividend is payable on Aug. 6, 2015, to shareholders of record as of the close of business on July 1, 2015.
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil governme... |
|05/27/15||Raytheon expands Student Veterans of America partnership with $5 million commitment|
|Multiyear effort will support veterans pursuing higher education nationwide and abroad
WALTHAM, Mass., May 27, 2015 /PRNewswire/ -- Raytheon (NYSE: RTN) today announced a new $5 million, multiyear commitment to Student Veterans of America (SVA) to help military veterans succeed in higher education and beyond.
The expanded partnership — providing resources, support, and advocacy — is part of Raytheon's $10 million commitment to military veterans, personnel and families. With a new genera... |
|05/26/15||Raytheon's SureView cybersecurity product named Best Malware Analysis Solution of the Year by Cyber Defense Magazine|
|DULLES, Va., May 26, 2015 /PRNewswire/ -- When compared to other cybersecurity products by independent information security experts, Raytheon's SureView® Memory Integrity was named Best Malware Analysis Solution for 2015 at this year's Cyber Defense Magazine Awards. The Memory Integrity solution is part of Raytheon Cyber Products' recently announced SureView portfolio of cybersecurity products.
"We are thrilled to recognize next-generation innovation in the information security marketplace an... |
|05/19/15||Raytheon joins Student Veterans of America to award scholarships to U.S. Army veterans|
|Student veterans receive $10,000 to help transition to civilian success
TEWKSBURY, Mass., May 19, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with Student Veterans of America (SVA), today awarded two $10,000 scholarships to student veterans under a new educational program honoring those who serve in the U.S. Army.
The Raytheon Patriot Scholarship, named for the company's Patriot Air and Missile Defense System, is designed to help returning soldiers achieve education... |
|05/18/15||Small Diameter Bomb II program achieves Milestone C clearing the way for production|
|WASHINGTON, May 18, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force successfully completed the Small Diameter Bomb II (SDB II) Milestone C decision briefing, paving the way for the program to enter low rate initial production.
Unlike standard bombs, SDB II employs Raytheon's revolutionary tri-mode seeker that operates in three different modes:
uncooled imaging infrared
SDB II can strike targets from a range o... |
|05/18/15||Raytheon-designed Coastal Watch Center opens in Philippines|
|Border control expertise enhances national security
DULLES, Va., May 18, 2015 /PRNewswire/ -- A new National Coast Watch Center (NCWC) for maritime security opened recently in the Republic of the Philippines. The center is a major milestone in the support provided by the U.S. Defense Threat Reduction Agency to the Philippines Maritime Agencies. Raytheon Company (NYSE: RTN) designed, implemented, and equipped the center and its coastal system using the company's integrated border security so... |
|05/18/15||Raytheon secures European training outsource contract with Honda Motor Europe Limited|
|RUESSELSHEIM, Germany, May 18, 2015 /PRNewswire/ -- Raytheon Professional Services GmbH (RPS), a subsidiary of Raytheon Company (NYSE: RTN), has signed a long-term contract with Honda Motor Europe Limited for the outsourcing of all development of their Pan-European dealer training, as well as domestic training delivery operations in the UK and Germany.
As part of the contract, RPS will manage Pan-European curriculum content development, product launch training and Learning Management System a... |
|05/15/15||Raytheon Company Appoints Kevin DaSilva Vice President, Treasury|
|WALTHAM, Mass., May 15, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of Kevin G. DaSilva as Vice President, Treasury, effective May 18, 2015 and subject to election by the Board of Directors at its next meeting. DaSilva, 51, will report to Toby O'Brien, Chief Financial Officer for Raytheon. He succeeds Richard Goglia, who retired from Raytheon on March 31, 2015.
DaSilva has more than 25 years of experience serving in a... |
|05/15/15||Raytheon awards $300,000 in MathMovesU middle school scholarships and grants|
|150 middle school students nationwide receive scholarships; schools receive matching grant for math education initiatives
WALTHAM, Mass., May 15, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) awarded $300,000 in scholarships and grants to middle school students and their schools as part of its MathMovesU® program, an initiative designed to engage middle school students in math and science. Each of the 150 middle school students from across the United States will receive a $1,000 MathMov... |
|05/14/15||Raytheon Delivers First GPS OCX Hardware Shipment to Air Force|
|Team achieves important milestone toward delivery of next-generation ground system
AURORA, Colo., May 14, 2015 /PRNewswire/ -- Raytheon (NYSE: RTN) has delivered the first operational hardware for the Global Positioning System's Next Generation Operational Control System, known as GPS OCX, completing a key milestone in the program. GPS OCX is the ground command and control system that will manage GPS satellites with significantly improved accuracy and precision, while providing unprecedente... |
|05/12/15||Air & Missile Defense Radar sails through Critical Design Review|
|Milestone declares AN/SPY-6(V) on track to meet all performance targets
TEWKSBURY, Mass., May 12, 2015 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) have completed the AN/SPY-6(V) Air and Missile Defense Radar (AMDR) critical design review. The outcome confirms Raytheon's design and technologies as mature, producible and low risk; on track to meet all radar performance requirements, on schedule and within cost.
The CDR assessed all technical aspects of the program, fro... |
|05/08/15||Kevin Liu Named 2015 Raytheon MATHCOUNTS National Champion|
|Indiana team captures honor as top state squad
BOSTON, May 8, 2015 /PRNewswire/ -- Kevin Liu, a 14-year-old eighth grader from Carmel Middle School in Carmel, Indiana, has earned the title of 2015 Raytheon MATHCOUNTS® National Champion after an intense, elite competition at the Sheraton Boston Hotel. This is the seventh year Raytheon (NYSE: RTN) has served as the event's title sponsor, as part of a decade-long commitment to MATHCOUNTS and a larger effort to promote education in science, tec... |
|05/07/15||Raytheon to transform U.S. aviation weather data|
|FAA contracts with Raytheon for system to enhance weather information, aid travelers
TEWKSBURY, Mass., May 7, 2015 /PRNewswire/ -- The Federal Aviation Administration (FAA) awarded Raytheon Company (NYSE: RTN) a $77M contract to build weather processing technology and display infrastructure for use throughout the National Airspace System (NAS). The NextGen Weather Processor (NWP) program will generate accurate, timely, and improved weather information for the benefit of all U.S. travelers.
|05/06/15||Excalibur Ib fired from M109A2/A3 howitzer in first-time test|
|Precision round now compatible with worldwide artillery platforms
YUMA PROVING GROUND, Ariz., May 6, 2015 /PRNewswire/ -- The U.S. Army and Raytheon Company (NYSE: RTN) successfully fired two Excalibur Ib projectiles from a M109A2/A3 howitzer during recent tests. Using the M185 cannon and M119A2 propelling charge with Excalibur for the first time, both rounds guided precisely to their targets more than 20 kilometers away.
The M109A2/A3 is an early variant of the M109-series howitzer oper... |
|05/06/15||Nation's middle school math masters meet in Raytheon MATHCOUNTS National Competition|
|224 students head to Boston for prestigious event's final round
WALTHAM, Mass., May 6, 2015 /PRNewswire/ -- Two hundred twenty four of the brightest middle school math students in the United States are headed to Boston for the 2015 Raytheon MATHCOUNTS National Competition – an intense, elite math meet that culminates in a high-speed, game-show-style final round. This is the seventh year that Raytheon (NYSE: RTN) has served as the main sponsor – all part of a decade-long commitment to MATHCO... |
|05/06/15||Raytheon's SM-6 moves from low-rate to full-rate production|
|Milestone clears path for larger quantities, lower costs
TUCSON, Ariz., May 6, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Standard Missile-6 program has moved from low-rate to full-rate production, clearing the path for significantly increased production numbers and focus on further cost-reduction opportunities.
SM-6 is a surface-to-air supersonic missile capable of successfully engaging manned and unmanned aerial vehicles and fixed- and rotary-wing aircraft. It also defends aga... |
|05/06/15||Raytheon Surveillance Technologies, Analytics Proven Aboard Navy Stiletto Experimental Vessel|
|Two proven capabilities were combined to serve new mission at sea
DULLES, Va., May 6, 2015 /PRNewswire/ -- The U.S. Navy's experimental vessel, Stiletto, was underway during a recent successful test of a Raytheon (NYSE: RTN) advanced intelligence solution during operations at Joint Expeditionary Base Little Creek-Fort Story, Va.
The combined technology was created by combining two, proven Raytheon (NYSE: RTN) technologies: the Persistent Surveillance System Cross Domain Solution (PSS CDS... |
|05/05/15||Raytheon Delivers Next-Gen Forecasting Tools to National Weather Service|
|Advanced data visualization and analysis tools delivered ahead of schedule
SILVER SPRING, Md., May 5, 2015 /PRNewswire/ -- When severe weather strikes, forecasters at the National Oceanic and Atmospheric Administration's National Weather Service (NOAA/NWS) need advanced tools they can rely on to make the decisions that protect property and safeguard lives. Raytheon Company's (NYSE:RTN) Advanced Weather Interactive Processing System II (AWIPS II), a forecasting analysis and display toolkit, ... |
|05/04/15||Raytheon awarded $559 million for SM-3 Block IB|
|TUCSON, Ariz., May 4, 2015 /PRNewswire/ -- The Missile Defense Agency awarded Raytheon Company (NYSE: RTN) an undefinitized contract action for a fiscal year 2015 contract valued at $559,206,957 million for Standard Missile-3 Block IBs, which are guided missiles used by the U.S. Navy to provide regional defense against short- to intermediate-range ballistic missile threats.
Under this contract action, which was announced April 30 by the Department of Defense, Raytheon will deliver an initial... |
|04/29/15||Raytheon receives $20 million DARPA contract to continue hypersonic missile development|
|TUCSON, Ariz., April 29, 2015 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) has awarded Raytheon Company (NYSE: RTN) a $20,489,714 million contract modification for the Tactical Boost Glide program. Under the TBG program, Raytheon intends to develop and demonstrate the technology to enable air-launched hypersonic boost glide systems. A majority of the work will be performed in Tucson.
"Hypersonics is the new frontier of missile design and development," said Tom Bussing... |
|04/26/15||University of Central Florida wins 2015 National Collegiate Cyber Defense Competition|
|Competition presented in partnership with Raytheon recognized the very best future cyber security talent
SAN ANTONIO, April 26, 2015 /PRNewswire/ -- University of Central Florida (UCF) beat out nine other finalist teams to win the 2015 National Collegiate Cyber Defense Competition (NCCDC), presented in partnership with Raytheon Company (NYSE: RTN). This is the second year in a row UCF has won the competition. Held April 24-26 in San Antonio, Texas, the competition challenged top college and... |
|04/24/15||Germany's Jenoptik and Raytheon partner to produce new generators for global Patriot|
|Raytheon continues 30-year partnership with German industry
TEWKSBURY, Mass., April 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is partnering with the Jenoptik subsidiary Lechmotoren, a part of the Jenoptik Defense & Civil Systems division, to produce advanced power generators for the Patriot Air and Missile Defense system. Under terms of this new contract, Jenoptik will build power plants, power generators, test equipment and spares for one of Patriot's global partners. Rayt... |
|04/23/15||Raytheon Reports Solid First Quarter 2015 Results|
|- EPS from continuing operations of $1.78; Adjusted EPS(1) of $1.26
- Reported operating margin of 15.9 percent; Adjusted Operating Margin(1) of 11.5 percent
- Net sales of $5.3 billion
- As previously announced, increased annual dividend by 10.7 percent to $2.68 per share
- Raised guidance to reflect the previously announced eBorders settlement
WALTHAM, Mass., April 23, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced first quarter 2015 EPS from continuing operations... |
|04/21/15||/C O R R E C T I O N -- Raytheon Company/|
|In the news release, Raytheon Unveils SureView® Cybersecurity Product Portfolio for Enterprises Worldwide, issued April 21, 2015 by Raytheon Company over PR Newswire, we are advised by the company that paragraph below the bullet points should read, "Raytheon Cyber Products and Enterprise Strategy Group recently collaborated on a report that discusses the current cybersecurity landscape" followed by a hyperlink to view the report at http://www.raytheoncyber.com/news/feature/esg_trans-entsec.html,... |
|04/21/15||Raytheon Unveils SureView® Cybersecurity Product Portfolio for Enterprises Worldwide|
|Defense-grade solutions deliver end-to-end visibility and context to detect, contain and control cyber threats
DULLES, Va., April 21, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced a new suite of solutions that can change the way companies address cybersecurity by helping enterprises operate effectively in the face of sophisticated cyber threats. The SureView® product suite uniquely combines human and machine learning to prevent insider threats, reduce the amount of time ... |
|04/21/15||New satellite payload ensures safe and efficient air travel|
|Raytheon awarded $103 million FAA contract to provide enhanced GPS air navigation
TEWKSBURY, Mass., April 21, 2015 /PRNewswire/ -- Thanks to a newly awarded $103 million Federal Aviation Administration contract, Raytheon Company (NYSE: RTN) will field the newest element in a space-based system which makes air travel safer and more efficient for millions of travelers.
The Raytheon-supplied system will be a key feature of the FAA's Wide Area Augmentation System (WAAS) which improves the av... |
|04/20/15||Raytheon and Vista Equity Partners enter agreement to form new cybersecurity company|
|- Joint venture combines Raytheon Cyber Products with Websense
- Raytheon will invest $1.57 billion in net cash for majority ownership of the new company; Vista will also invest into the new company
- New company will provide broad set of defense-grade solutions to the rapidly-growing, global commercial cybersecurity markets
WALTHAM, Mass., April 20, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has entered into a definitive agreement with Vista Equity Partners to form a new compa... |
|04/17/15||Raytheon awarded more than $2 billion for an International Patriot Air and Missile Defense System|
|TEWKSBURY, Mass., April 17, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today it has been awarded a contract worth over $2.0 billion to deliver the combat-proven Patriot Air and Missile Defense System to an undisclosed international customer.
The contract, awarded on April 2, 2015 and booked in the second quarter as a direct commercial sale, includes fully digitized new-production Patriot fire units with the latest technology for improved threat detection, identification and ... |
|04/15/15||Raytheon's newest JSOW variant enters operational testing|
|Integrated testing complete; scheduled for delivery in 2016
TUCSON, Ariz., April 15, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Navy successfully completed the final free flight in the integrated testing phase for the Joint Standoff Weapon C-1.
During the development test, JSOW C-1 demonstrated its effectiveness against moving maritime targets, a crucial capability against current and future surface warfare threats. The weapon is on track to start operational testing... |
|04/14/15||Raytheon to test new multi-mode seeker for Tomahawk cruise missile|
|Flight test is key milestone on Tomahawk modernization path
TUCSON, Ariz., April 14, 2015 /PRNewswire/ -- Using company-funded independent research and development investment, Raytheon Company (NYSE: RTN) is preparing for a multi-mode seeker test designed for a Tomahawk Block IV cruise missile. The captive flight test, using a modified Tomahawk Block IV missile nose cone, will be designed to demonstrate the processor's ability to broadcast active radar as well as passively receive target el... |
|04/14/15||US Air Force completes operational testing on Raytheon's MALD-J|
|Jammer nears full rate production
TUCSON, Ariz., April 14, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force successfully completed operational tests of Miniature Air Launched Decoy-Jammer (MALD-J), satisfying all requirements to attain Initial Operational Capability.
"MALD-J's unique capabilities have been proven in 42 successful flight tests during the last two years and brought us closer to full rate production," said Mike Jarrett, vice president of Raytheon's ... |
|04/14/15||Raytheon Company to release first quarter 2015 results on April 23, 2015|
|WALTHAM, Mass., April 14, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its first quarter 2015 earnings news release at 7 a.m. EDT Thursday, April 23, 2015. The release will be posted on Raytheon's website.
The first quarter 2015 earnings results conference call will be at 9 a.m. EDT Thursday, April 23, 2015. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call.... |
|04/13/15||A Full Year of Milestones for Raytheon's Air & Missile Defense Radar|
|The evolution of a revolutionary radar
TEWKSBURY, Mass., April 13, 2015 /PRNewswire/ -- In its first year, Raytheon Company (NYSE: RTN) has met all critical milestones in the development of the U.S. Navy's AN/SPY-6(V) integrated Air and Missile Defense Radar (AMDR).
Since work officially began in January 2014, the Engineering and Manufacturing Development (EMD) phase of the program – now 35 percent complete - has advanced in design, risk reduction and maturity, placing it on track for de... |
|04/13/15||Superstars of selflessness|
|In kitchens and in cyberspace, Raytheon employees volunteer for veterans, STEM students
WALTHAM, Mass., April 13, 2015 /PRNewswire/ -- The formerly homeless veterans of Victory Apartments in Omaha, Nebraska, weren't getting out much – and that was a problem. The staff knew bringing them together might help them adjust to their new lives, but few were inclined to come out into the common areas. They needed a reason.
All it took, it turns out, was a box of Hamburger Helper, some ground t... |
|04/09/15||Raytheon Honors Supplier Commitment to Customer Success|
|Suppliers From Around the Globe Recognized for Exceptional Performance
WALTHAM, Mass., April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) recognized 15 suppliers for their exceptional performance at the inaugural Supplier Excellence Conference in Boston, Mass., March 31. The award winning suppliers distinguished themselves through superior performance on several specific key customer-focused metrics including affordability, technical capability, business management, and partnership.
|04/09/15||Raytheon, Kongsberg team on Naval Strike Missile|
|Agreement is next step in developing OASuW solutions
WASHINGTON, April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Kongsberg have formed a teaming agreement for the Naval Strike Missile (NSM). The pact represents a second step in the companies' efforts to offer world-class Offensive Anti-Surface Warfare (OASuW) solutions to the many governments interested in this warfare mission. Raytheon and Kongsberg formed a similar agreement last year to develop the Joint S... |
|04/09/15||Latest AMRAAM variant achieves key program milestones|
|AIM-120D completes operational testing and achieves initial operating capability
TUCSON, Ariz., April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) recently completed two milestones for the newest Advanced Medium Range Air-to-Air Missile (AMRAAM®), the AIM-120D. The U.S. Air Force successfully completed testing and fielded the AIM-120D. The U.S. Navy achieved initial operational capability (IOC) on the weapon.
"AMRAAM is the most capable air-to-air weapon ever produce... |
|04/09/15||Small Diameter Bomb II completes System Verification Review|
|Milestone validates weapon's production readiness
TUCSON, Ariz., April 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force completed three successful Small Diameter Bomb II (SDB II) program reviews prior to a mid-May Milestone C decision.
During March and April, the SDB II team successfully completed a functional configuration audit, a production readiness review and a system verification review (SVR). A successful Milestone C brief and decision c... |
|04/08/15||Raytheon completes Mississippi factory expansion to meet expected demand for defense technologies|
|Forest facility to ramp up production of advanced warfare systems for U.S. forces
FOREST, Miss., April 8, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed a 20,000-square foot addition to its factory in Forest, already one of the biggest in the state. The extra room will allow the company to support anticipated growth in airborne radar and electronic warfare systems.
"Raytheon has been part of this community's fiber for more than three decades," Fred Darlington, a vice preside... |
|04/06/15||Raytheon partners with Boys & Girls Clubs of America to benefit children of military families|
|$5 million multi-year partnership will provide math and science education at BGCA-affiliated youth centers on military installations
WALTHAM, Mass., April 6, 2015 /PRNewswire/ -- A new $5 million multi-year commitment from Raytheon (NYSE: RTN) to Boys & Girls Clubs of America (BGCA) will provide enhanced technology centers and support for after-school science, technology, engineering and math (STEM) programming to children of military families.
Working in partnership, Raytheon and ... |
|04/02/15||$212 million contract ensures continuous improvement to Patriot air and missile defense system|
|13 partner nations invest to help Patriot outpace evolving threats
TEWKSBURY, Mass., April 2, 2015 /PRNewswire/ -- The U.S Army awarded a $212 million contract to Raytheon (NYSE: RTN) to continue improvements to the combat-proven Patriot Air and Missile Defense System. The improvements, which will enhance Patriot's capability and readiness, are funded by the US and the 12 other Patriot partner nations through a shared engineering services agreement.
"The U.S. and other Patriot partner ... |
|04/02/15||Raytheon's LRAS3's sensor-to-missile capability gives warfighters remote, safe options|
|Improved connectivity provides speed, accuracy
MCKINNEY, Texas, April 2, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) pushed battlefield situational awareness to a new, safer level by integrating existing sensor-to-missile technologies during a recent exercise at Camp Blanding, Fla.
Raytheon Missile Systems engineers successfully connected two dismounted, remotely operated sensors to a soldier's laptop and hand controller, sending commands directly to a nearby Griffin missile launch... |
|04/01/15||Raytheon Awarded $700 million NORAD Contract|
|DULLES, Va., April 1, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $700 million indefinite-delivery/indefinite-quantity contract to support threat warnings and assessments for the North American Aerospace Defense Command Cheyenne Mountain Complex.
Raytheon will provide sustainment services and products supporting the Integrated Tactical Warning/Attack Assessment and other systems covered by the contract. The program provides NORAD authorities with accurate, timely and unamb... |
|04/01/15||Raytheon, DRS team for Army's 3rd Generation IFLIR B-Kit|
|Partnership offers low-risk schedule, plan for land combat systems
TUCSON, Ariz., April 1, 2015 /PRNewswire/ -- Building on their combined platform integration experience, Raytheon Company (NYSE: RTN) and DRS Technologies have entered into a teaming agreement for the U.S. Army's 3rd Generation Improved Forward Looking Infrared program (3rd Gen IFLIR) B-Kit
"Raytheon and DRS have teamed to provide an IFLIR solution that provides our military supremacy in reconnaissance, surveill... |
|03/31/15||Raytheon receives $109 million for SM-6, SM-2 parts|
|TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) $109,583,490 million to purchase the long-lead materials needed to meet Standard Missile-6 full-rate production requirements and Standard Missile-2 sustainment. This award was booked in the first quarter 2015.
SM-6 is a surface-to-air supersonic missile capable of successfully engaging manned and unmanned aerial vehicles and fixed- and rotary-wing aircraft. It also defends against land-attack and... |
|03/31/15||Raytheon awarded $528 million AMRAAM contract|
|Work will be completed in Tucson by early 2018
TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $528,797,459 fixed-price incentive, firm target contract modification for Advanced Medium Range Air-to-Air Missiles (AMRAAM). Raytheon will provide AMRAAM Lot 29 missiles and other AMRAAM system items. This contract involves foreign military sales.
Work will be performed in Tucson and is expected to be complete by January 2018. This award was booked in t... |
|03/31/15||US Air Force awards Raytheon $91.5 million for MALD-J|
|TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) received a $91.5 million U.S. Air Force contract modification award for the Miniature Air Launched Decoy Jammer (MALD-J) missile. The contract modification is for Lot 8.
Work will be performed in Tucson and is expected to be complete by June 2017. This award was booked in the first quarter 2015.
About MALD and MALD-J
MALD® is a state-of-the-art, low-cost expendable flight vehicle that is modular, air-launched and... |
|03/31/15||Raytheon awarded $35 million Stinger contract for Republic of Korea delivery|
|Systems to go aboard Apache helicopters
TUCSON, Ariz., March 31, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) signed a $35 million contract to deliver Stinger® missiles and air-to-air launchers to the Republic of Korea Army in support of their recent procurement of AH-64 Apache helicopters.
Under the previously announced foreign military sale, Raytheon will begin deliveries of the Stinger weapon systems in 2017.
"Stinger provides vital self-protection capabilities as well as de... |
|03/30/15||Estonia and Raytheon Agree to Pursue Long-term Collaboration in Cybersecurity|
|DULLES, Va., March 30, 2015 /PRNewswire/ -- The Estonian Ministry of Defense and Raytheon Company (NYSE: RTN) have agreed to explore long-term collaboration in the area of cyber security.
Mikk Marran, Permanent Secretary of the Estonian Ministry of Defense, and Raytheon agreed on the collaborative arrangement during Marran's recent visit to Washington for talks with U.S. government and U.S. defense industry representatives on issues of bilateral defense cooperation.
"Strong defense-indus... |
|03/30/15||Republic of Korea upgrades its Air and Missile Defense|
|Awards $770 million contract to Raytheon to upgrade Patriot system
SEOUL, South Korea, March 30, 2015 /PRNewswire/ -- Cities and key infrastructure in the Republic of Korea will soon be better protected against ballistic missiles, aircraft, and other airborne threats. The Republic of Korea awarded Raytheon Company (NYSE: RTN) a $769.4 million Direct Commercial Sale contract to upgrade an undisclosed quantity of Patriot Air and Missile Defense System batteries to the latest Patriot Missile ... |
|03/30/15||TOW 2A RF missiles successfully fired from helicopter|
|First launches of wireless-guided missiles from airborne platform
TUCSON, Ariz., March 30, 2015 /PRNewswire/ -- In the first of its kind launch, Raytheon Company (NYSE: RTN) fired tube-launched, optically-tracked, wireless-guided (TOW®) 2A radio frequency (RF) practice missiles from an AH-1W Cobra attack helicopter during a December exercise.
Raytheon, working with the Naval Air Systems Command, fired two TOW 2A RF practice missiles at ranges exceeding 2600 meters. The two tests verifi... |
|03/30/15||Raytheon wins $46 million contract to provide ground stations for South Korean purchase of Global Hawk|
|Raytheon delivers stationary and mobile ground segments
DULLES, Va., March 30, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a contract valued at up to $45.7 million by Northrop Grumman Aerospace Systems for ground segments in support of four Global Hawk unmanned aircraft systems recently purchased by the Republic of Korea.
Under this contract, Raytheon will deliver one building-based and one mobile ground segment to locations in South Korea. Work under the contract ... |
|03/27/15||Raytheon Systems Limited Reaches Settlement with United Kingdom Home Office|
|Concludes dispute regarding the termination of eBorders contract
WALTHAM, Mass., March 27, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that its United Kingdom subsidiary, Raytheon Systems Limited (RSL, also known as Raytheon U.K.), has reached an amicable settlement with the United Kingdom (U.K.) Home Office — successfully concluding a long-running dispute with the U.K. Home Office regarding the July 2010 termination of its eBorders contract.
The settlement include... |
|03/26/15||Raytheon moves environmental satellite ground sustainment team to Maryland in support of major upgrade|
|Move creates efficiencies across NOAA and NASA program
RIVERDALE, Md., March 26, 2015 /PRNewswire/ -- The team that sustains the National Aeronautic and Space Administration (NASA) and National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System Common Ground System (JPSS CGS) is now located much closer to key agency facilities – in support of a major upgrade to the existing system and to provide efficiencies to future missions – the company announced today.
|03/26/15||Poland's MESKO and Raytheon sign second Letter of Intent|
|Companies to collaborate on Excalibur, TALON LGR and other systems
TUCSON, Ariz., March 26, 2015 /PRNewswire/ -- In a move designed to collaborate and share advanced defense technologies, Raytheon Company's (NYSE: RTN) Missile Systems business signed a Letter of Intent with MESKO, Poland's leading missile and ammunition manufacturer.
Areas of cooperation focus on Raytheon's solutions for the KRAB howitzer precision fires and new Polish Attack Helicopter, including offset proposals and o... |
|03/25/15||Raytheon Integrated Defense Systems recognized for excellence in supply chain management|
|New processes drive down costs; Supplier Advisory Council enhances supplier relationships
WALTHAM, Mass., March 25, 2015 /PRNewswire/ -- The Institute for Supply Management® and Michigan State University are honoring Raytheon Company (NYSE: RTN) for excellence in supply chain management, a critical dynamic for driving down product and contract costs.
Raytheon's Integrated Defense Systems (IDS) Integrated Supply Chain (ISC) organization received the 2015 "Excellence in Supply Chain Manage... |
|03/23/15||Raytheon Recognized by NASA for Small Business Support|
|DULLES, Va., March 23, 2015 /PRNewswire/ -- NASA selected Raytheon Company (NYSE: RTN) as the Large Business Prime Contractor of the Year in its agency-level awards to recognize small business partnership. Raytheon was nominated for its support to the Goddard Space Flight Center in Greenbelt, Md., and was then advanced to recognition at the agency level for extensive efforts to help NASA meet its goals for small business inclusion.
In its announcement, NASA explained its Small Business Indust... |
|03/20/15||Letitia A. Long elected to Raytheon Board of Directors|
|WALTHAM, Mass., March 20, 2015 /PRNewswire/ -- The Board of Directors of Raytheon Company (NYSE: RTN) has elected Letitia A. Long as a director effective immediately.
Ms. Long, 55, has held numerous positions of increasing responsibility over the course of her distinguished 32-year career in the Department of Defense and the Intelligence Community. She served as Director of the National Geospatial-Intelligence Agency from 2010 to 2014. From 2006 to 2010, she served as the Deputy Director of ... |
|03/19/15||Call for Nominations: Raytheon to award grants in support of STEM education excellence|
|MathMovesU award and grant programs recognize educators for innovative teaching methods
WALTHAM, Mass., March 19, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will recognize middle and high school math and science teachers across the country for their commitment to science, technology, engineering and math (STEM) education through grants to support their work in the classroom.
Raytheon's MathMovesU® program invites members of the community to recognize inspirational math and science... |
|03/18/15||Raytheon Company increases dividend by 10.7 percent, its eleventh consecutive annual increase|
|WALTHAM, Mass., March 18, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Board of Directors has voted to increase the company's annual dividend payout rate by 10.7 percent, from $2.42 to $2.68 per share. The Board also authorized payment of a quarterly cash dividend of $0.67 per outstanding share of common stock, to be paid on April 30, 2015, to shareholders of record as of the close of business on April 1, 2015. Payment of quarterly dividends is subject to Board authorization.
"With tod... |
|03/17/15||Raytheon selected to demonstrate technologies that enable affordable, rapidly-developed phased array systems|
|Common architecture leveraged to maximize affordability and stay ahead of evolving threats
TEWKSBURY, Mass., March 17, 2015 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) has awarded Raytheon Company (NYSE: RTN) two contract modifications totaling a combined $5 million in support of the Arrays at Commercial Timescales (ACT) program. ACT is focused on developing technology that enables rapidly upgradable and widely deployable radar array architectures. The awards are t... |
|03/12/15||Raytheon pledges $10 million to support military veterans, members of the armed services and their families|
|WALTHAM, Mass., March 12, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced a $10 million pledge to support initiatives aimed at empowering service members and their families through education opportunities. The new five-year commitment will support science, technology, engineering and math education and mentorship programs in partnership with Boys & Girls Clubs of America and Student Veterans of America.
Raytheon's Chairman and CEO Thomas A. Kennedy said the new initiativ... |
|03/11/15||Combatant Commanders gain new ballistic missile defense capability through 'threat upgrade' software|
|Updates make SM-3 more lethal against advanced threats
TUCSON, Ariz., March 11, 2015 /PRNewswire/ -- For the first time ever, Raytheon (NYSE: RTN) has begun enhancing Standard Missile-3 Block IBs with 'threat upgrade' software, giving the weapon's kill vehicle the ability to hunt down more complicated, more lethal targets.
Though exact details are classified, the ability to make improvements through software upgrades means combatant commanders can get increased ballistic missile defense... |
|03/10/15||Raytheon awarded $122 million US Navy contract for Tomahawk Block IV Missiles|
|TUCSON, Ariz., March 10, 2015 /PRNewswire/ -- Raytheon received a contract modification for $122,443,911 to a previously awarded firm-fixed-price contract (N00019-14-C-0075) for the procurement of 114 Tomahawk Block IV All Up Round missiles for the U.S. Navy. This completes the Navy's planned purchase of 214 Tomahawk Block IV missiles for fiscal year 2015 and continues to build the inventory to support warfighting requirements.
"Employed in every recent conflict, submarine and surface-launche... |
|03/09/15||Raytheon announces facility expansion and 250 new jobs in Indianapolis|
|Governor Mike Pence and Indianapolis Deputy Mayor Adam Collins visit facility to join in the announcement
INDIANAPOLIS, March 9, 2015 /PRNewswire/ -- Raytheon announced today that it will expand its Indianapolis facility and add approximately 250 jobs to support its work in depot and modernization services. The facility, which already employs 1,000 people, also develops leading-edge soldier-worn computers, provides weapons system sustainment, supply chain management and systems engineering ... |
|03/09/15||Pi Day celebrations highlight the infinite possibilities math and science bring students|
|Raytheon delivers pies to Boys & Girls Clubs across the country to spotlight the importance of STEM education
WALTHAM, Mass., March 9, 2015 /PRNewswire/ -- There are infinite ways to show children how math factors into their everyday lives. On March 14 – 3.14, or Pi Day – Raytheon Company (NYSE: RTN) is serving up a slice of proof that numbers are all around them.
Raytheon is celebrating the world's most famous never-ending number by delivering pies to Boys &... |
|03/09/15||TELDAT and Raytheon move to next phase of Patriot router development|
|Polish defense industry successfully demonstrates advanced engineering capabilities
TEWKSBURY, Mass., March 9, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and TELDAT successfully completed the Critical Design Review (CDR) phase of their current contract to co-develop and co-produce advanced militarized routers for the Patriot Air and Missile Defense system. This milestone validates the capability of the TELDAT design to meet all Patriot system requirements and enables the company to t... |
|03/05/15||Raytheon recognized by Aviation Week for innovation in Gallium Nitride technology|
|WALTHAM, Mass., March 5, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been named a 2015 Laureate Award winner by Aviation Week for innovation in introducing gallium nitride (GaN)-based technology to military radar systems. Advancing the capability of radars and other types of sensors, GaN radio frequency (RF) amplifiers are more than five times more powerful than semiconductors presently used. For military systems, GaN delivers higher performance as well as significant cost benefit.
|03/05/15||Raytheon demonstrates advanced microgrid system and control capabilities|
|Secure, efficient back-up power system to be fielded at the Marine Corps Air Station Miramar
TEWKSBURY, Mass., March 5, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and its partners, the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), Primus Power, and Advanced Energy (NASDAQ: AEIS) have successfully demonstrated an advanced microgrid system capable of islanded (off-grid) operation using stored and high penetration renewable energy.
The testing effort, condu... |
|03/04/15||U.S. Air Force marks significant progress with high-bandwidth satellite terminal development program|
|Raytheon achieves cost savings, critical milestones in satellite terminal upgrades
MARLBOROUGH, Mass., March 4, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has completed a number of design and development milestones for a nuclear-hardened command and control system, one year after receiving a $134 million U.S. Air Force contract to provide secure communications between the president, senior military leaders and the bomber fleet.
The program to upgrade the satellite terminals for t... |
|03/03/15||Raytheon presents 3rd annual Air Traffic Controller of the Year award|
|Matthew Tucker recognized for commitment to safety and continuous improvement
TEWKSBURY, Mass., March 3, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today that Matthew (Matt) Tucker has been awarded the 3rd annual Raytheon Air Traffic Controller of the Year award. The award was presented at the annual "Communicating for Safety" conference organized by the National Air Traffic Controllers Association (NATCA).
Tucker has served as an Air Traffic Controller at the FAA's Atla... |
|03/02/15||Raytheon's "Blue Marble" imaging sensor delivered on schedule for JPSS-1 spacecraft integration|
|Critical weather sensor enhances climate monitoring
EL SEGUNDO, Calif., March 2, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered a second Visible Infrared Imaging Radiometer Suite (VIIRS) instrument to support the National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System mission.
The second VIIRS unit will fly aboard the JPSS-1 spacecraft, ensuring continuity of critical weather information currently being provided by its predecessor, the joint ... |
|02/26/15||Raytheon awarded $35 million U.S. Air Force aircraft integration and life cycle technical support contract|
|DULLES, Va., Feb. 26, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a $35 million sole-source contract by the U.S. Air Force to provide aircraft integration and life-cycle technical support on an advanced bomb carriage and release system for aircraft. The advanced system will allow both the Air Force and U.S. Navy to perform more missions utilizing less aircraft.
"JMM BRU end users now have a next evolution system that can be integrated with more than 11 different platforms,"... |
|02/25/15||Raytheon kicks off nation's largest collegiate cyber defense competition|
|NCAA-style tournament fights U.S. cyber talent shortage, gives college students hands-on experience battling cyber attacks
DULLES, Va., Feb. 25, 2015 /PRNewswire/ -- Students from more than 180 U.S. colleges and universities will begin competing this week for the 2015 National Collegiate Cyber Defense Competition (NCCDC), a national tournament to choose the team who can best protect computer networks against real-world cyber threats that are infiltrating major retailers, corporations, socia... |
|02/24/15||/C O R R E C T I O N -- Raytheon Company/|
|In the news release, Raytheon, NIMR to integrate TALON laser guided rockets onto UAE ground vehicle, issued 24-Feb-2015 by Raytheon Company over PR Newswire, we are advised by the company of updated material listed in the full corrected version below:
UPDATED: Raytheon, NIMR to integrate TALON laser guided rockets, anti-tank missiles onto UAE ground vehicle
ABU DHABI, United Arab Emirates, Feb. 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and NIMR Automot... |
|02/24/15||Raytheon, NIMR to integrate TALON laser guided rockets onto UAE ground vehicle|
|ABU DHABI, United Arab Emirates, Feb. 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and NIMR Automotive, part of the Emirates Defence Industries Company (EDIC), are collaborating to equip NIMR armored vehicles with TALON™ Laser Guided Rockets.
Using the Raytheon remote weapons station, each vehicle will carry 16 TALON LGRs.
The RWS enables TALON to be fired from both stationary and moving vehicles, while an elevated sensor/designator enables the TALON to be fired from concealed p... |
|02/24/15||Raytheon and Boeing partner to provide command and control solution to Royal Saudi Air Force|
|Boeing joins Raytheon-led team to provide superior, integrated solution
ABU DHABI, Feb. 24, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has announced that Boeing (NYSE: BA) will join the Raytheon team to offer a comprehensive C5I™ (Command, Control, Communications, Computers, Cyber and Intelligence) solution for the modernization of the Royal Saudi Air Force (RSAF) command and control system. Raytheon and Boeing bring extensive expertise in command and control and large systems integr... |
|02/23/15||Raytheon team tests new global capability to help improve U.S. Army readiness|
|DULLES, Va., Feb. 23, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and its partner team along with the U.S. Army are testing a new training instrumentation system that helps enable and improve home station training by blending live, virtual and constructive training domains across widely dispersed geographic locations.
This new capability, called the Joint Pacific Multinational Readiness Capability Instrumentation System (JPMRC – IS), consists of an integrated system of deployable shelt... |
|02/22/15||Upgrades boost ballistic missile defense radar's performance during missile raid|
|Raytheon AN/TPY-2 radar to gain better discrimination of threats and non-threats
TEWKSBURY, Mass., Feb. 22, 2015 /PRNewswire/ -- The U.S. and its friends and allies will soon have improved defenses against ballistic missile raids -- large quantities of simultaneously impacting ballistic missiles. Raytheon Company (NYSE: RTN) has upgraded the computer processor of the AN/TPY-2 ballistic missile defense radar, enabling the system to both perform better during raids and to more quickly and ac... |
|02/22/15||Raytheon unveils extended range AMRAAM|
|AMRAAM-ER, NASAMS launcher will provide robust ground based air defense
ABU DHABI, United Arab Emirates, Feb. 22, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has begun development on an extended range variant of the combat-proven Advanced Medium Range Air to Air Missile (AMRAAM®). Designed specifically for ground-based air defense, AMRAAM-ER will enable intercepts at longer range and higher altitudes.
"With AMRAAM-ER, Raytheon is rewriting the book on ground-based air defense. ... |
|02/19/15||Raytheon Missile Systems named Alabama Manufacturer of the Year|
|Business Council of Alabama honors company for excellence in manufacturing
HUNTSVILLE, Ala., Feb. 19, 2015 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Missile Systems business received the Manufacturer of the Year award from the Business Council of Alabama during a ceremony in Montgomery. The award recognizes the Raytheon Redstone Missile Integration Facility for manufacturing excellence.
"Our Huntsville team utilizes automation and technological advancements to produce the most ef... |
|02/19/15||U.S. Government approves export of advanced technology in Patriot radar|
|GaN-based AESA technology cuts cost, enables future capability upgrades
TEWKSBURY, Mass., Feb. 19, 2015 /PRNewswire/ -- The United States government approved Raytheon Company (NYSE: RTN) to export a Gallium Nitride- (GaN) based Active Electronically Scanned Array (AESA) Patriot sensor to Patriot Air and Missile Defense System partner nations.
"GaN-based AESA technology can bring customers of the combat-proven Patriot optimized 360-degree coverage while setting the stage for future capab... |
|02/19/15||Global Study: Cybersecurity Officers Believe Disconnect Prevents Company Leaders from Addressing Cyber Threats|
|Timely Raytheon survey released as Obama Administration makes cybersecurity national priority and announces new policy and governance for companies
DULLES, Va., Feb. 19, 2015 /PRNewswire/ -- A new study commissioned by Raytheon (NYSE: RTN) in partnership with Ponemon Institute reveals CISOs foresee cyber terrorism and cybercrime posing significant risks to their organizations over the next three years. The Global Megatrends in Cybersecurity 2015 survey of 1,006 cyber security CIOs, CISOs an... |
|02/18/15||Raytheon Celebrates Engineers Week with events across the U.S.|
|Volunteers lead hands-on learning activities for thousands of students in 13 states
WALTHAM, Mass., Feb. 18, 2015 /PRNewswire/ -- With potential for high earnings and plentiful job opportunities, engineering is a career option more students should consider. For National Engineers Week, Feb. 22-28, Raytheon Company (NYSE: RTN), Boys & Girls Clubs, and a number of schools and universities will co-host community events across the country, each designed to help inspire students to seek a fu... |
|02/17/15||US Navy's P-8A Poseidon system enhancements add mission capabilities|
|Raytheon awarded a 27-month, $15.5 million contract for open architecture
MCKINNEY, Texas, Feb. 17, 2015 /PRNewswire/ -- The US Navy awarded a $15.5 million system development contract to Raytheon Company (NYSE: RTN) to develop a flexible, application-based architecture (ABA) for the P-8A Poseidon maritime patrol aircraft. The ABA will allow mission commanders to rapidly field new or enhanced capabilities through third-party software applications.
Raytheon's ABA design aligns with both ... |
|02/16/15||Small Diameter Bomb II completes Live Fire Tests|
|Performance proves weapon's production readiness
TUCSON, Ariz., Feb. 16, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and the U.S. Air Force completed two successful Small Diameter Bomb II (SDB II) all-up round live fire test flights that demonstrated the weapon's ability to detect, track and destroy moving targets.
The flight tests, which took place at the White Sands Missile Test Range, are the final flight events required prior to Milestone C and the start of Lo... |
|02/16/15||Wajsgras named to Wash100 List|
|Executive recognized as one of the most influential individuals in government contracting
WALTHAM, Mass., Feb. 16, 2015 /PRNewswire/ -- GovConExec magazine has named Raytheon executive David Wajsgras to the annual Wash100 list of the most influential leaders in the world of government contracting.
Wajsgras has been senior vice president and chief financial officer of Raytheon since 2006, directing the overall financial strategy for the company. Raytheon (NYSE:RTN) had 2014 sales of $23... |
|02/11/15||US Navy, Raytheon demonstrate moving target capability for Tomahawk Block IV|
|Back-to-back tests validate missile modernization path
CHINA LAKE, Calif., Feb. 11, 2015 /PRNewswire/ -- The U.S. Navy and Raytheon Company (NYSE: RTN) conducted two successful flight tests on Jan. 27 and 29. The first flight test demonstrated a Tomahawk cruise missile which was synthetically guided to hit a Mobile Ship Target (MST). The second flight test demonstrated a reduced mission planning time in a realistic "call for fire" scenario.
"The combat-proven Tomahawk is unmatched in... |
|02/10/15||Raytheon announces retirement of Richard Goglia, Vice President and Treasurer; Names Sanjay Chawla Vice President, Pension Investments|
|WALTHAM, Mass., Feb. 10, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today the retirement of Richard Goglia, Vice President and Treasurer, effective March 31, 2015. The Company also announced the appointment of Sanjay Chawla to the new role of Vice President, Pension Investments. The company is in the process of reviewing potential internal and external successors to the Treasurer role and expects to name a new Vice President and Treasurer within the next few months.
|02/10/15||Raytheon awarded contract to support V-22|
|DULLES, Va., Feb. 10, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded an indefinite delivery, indefinite quantity contract with a potential value of $270 million by the U.S. Navy's Air Systems Command to support V-22 Osprey systems, testing and software. The work will be performed by Raytheon Intelligence, Information and Services at its facility in Indianapolis, Ind.
Under the contract, Raytheon IIS employees will provide V-22 software support activity systems and software... |
|01/29/15||Raytheon Reports Solid Fourth Quarter and Full-Year 2014 Results|
|-- Strong bookings of $7.1 billion in the quarter and $24.1 billion for the year; book-to-bill ratio of 1.05 for the year
-- Fourth quarter 2014 net sales of $6.1 billion; full-year net sales of $22.8 billion
-- Fourth quarter EPS from continuing operations of $1.86; full-year EPS from continuing operations of $6.97
-- Fourth quarter Adjusted EPS1 of $1.71; full-year Adjusted EPS of $6.12
-- Strong operating cash flow from continuing operations of $829 million in the quarter and $2.1... |
|01/26/15||Raytheon acquires Tucson-based Sensintel, Inc.|
|TUCSON, Ariz., Jan. 26, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has acquired privately-held Sensintel, Inc., a leading provider of unmanned aircraft systems (UAS) solutions to the intelligence and special operations markets.
Located in Tucson with approximately 50 employees, Sensintel will become part of Raytheon Company's Missile Systems business. The transaction is not expected to materially impact Raytheon's sales or earnings in the first quarter or full year 2015. Terms of the ... |
|01/20/15||Raytheon Vice President Ed Miyashiro named an Aegis Ballistic Missile Defense Pathfinder|
|WALTHAM, Mass., Jan. 20, 2015 /PRNewswire/ -- Raytheon Vice President Ed Miyashiro has been named an Aegis Ballistic Missile Defense Pathfinder, recognizing his significant contributions in this unique field.
It is only the second time the award, which customarily recognizes contributions from military and government leaders, has been granted to an individual from the defense industry. The award is given by the Aegis Ballistic Missile Defense program office.
"Ed's contributions in this ar... |
|01/20/15||Raytheon Company to release 2014 fourth quarter and full-year results on Jan. 29, 2015|
|WALTHAM, Mass., Jan. 20, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its 2014 fourth quarter and full-year earnings news release at 7 a.m. EST Thursday, Jan. 29, 2015. The release will be posted on Raytheon's website.
The 2014 fourth quarter and full-year earnings results conference call will be at 9 a.m. EST Thursday, Jan. 29, 2015. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for... |
|01/16/15||Raytheon Company appoints Frank R. Jimenez General Counsel|
|WALTHAM, Mass., Jan. 16, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of Frank R. Jimenez as General Counsel for the company, effective January 19, 2015. Jimenez, 50, previously served as General Counsel of the Navy from 2006-2009, and was one of seven Senate-confirmed Pentagon civilians of four-star equivalent rank overseeing the U.S. Navy and Marine Corps. He succeeds Jay B. Stephens, who is retiring from Raytheon on March... |
|01/14/15||US Navy approves multi-role SM-6 for use on more ships|
|Move broadens fleet protection, keeps sailors safe
TUCSON, Ariz., Jan. 14, 2015 /PRNewswire/ -- The U.S. Navy authorized ships in the Aegis Combat Weapon System baselines 5.3 and 3.A.0 series to carry the Raytheon Company (NYSE: RTN) Standard Missile-6. The authorization expands the missile's use from five ships to more than 35 ships.
"SM-6 is the longest range integrated air and missile defense interceptor deployed, and its multi-role capabilities are unprecedented," said Mike Campisi, ... |
|01/12/15||Latest Raytheon AESA Radar Soars in Flight Test|
|New capabilities designed to lengthen F/A-18C-D Hornet's relevance
EL SEGUNDO, Calif., Jan. 12, 2015 /PRNewswire/ -- A successful flight test of the Raytheon-built APG-79(V)X AESA radar system has demonstrated the functions needed to extend the relevance of F/A-18C/D Hornet fighter/attack jets, including:
extended detection ranges
simultaneous air-to-air and air-to-ground capabilities
production of high-resolution synthetic aperture radar (SAR) mapping
industry leading reliabilit... |
|01/09/15||Raytheon and General Dynamics joint venture awarded U.S. Air Force Launch and Test Range Contract|
|DULLES, Va., Jan. 9, 2015 /PRNewswire/ -- The U.S. Air Force has awarded one of its most important space procurements, potentially a multi-billion-dollar contract to operate, maintain, and sustain launch ranges at Florida's Space Coast and Vandenberg Air Force Base in California, to a joint venture of Raytheon (NYSE: RTN) and General Dynamics.
The joint venture, called Range Generation Next (RGNext) is responsible for operations, as well as organizational and depot-level maintenance and susta... |
|01/07/15||Raytheon Company Announces Executive Appointments|
|David C. Wajsgras and Anthony F. O'Brien to New Roles; Lynn A. Dugle to Retire
WALTHAM, Mass., Jan. 7, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN) Chairman and CEO Thomas A. Kennedy announced today the appointment of David C. Wajsgras as President, Raytheon Intelligence, Information and Services (IIS) business, succeeding Lynn A. Dugle, who has announced plans to retire from the company. Additionally, Kennedy has appointed Anthony F. "Toby" O'Brien vice president and Chief Financial O... |