Raytheon (NYSE:RTN) has successfully tested a new surveillance and fire-control radar system.

Raytheon Completes Tests On New Systems

The US defense company Raytheon (NYSE:RTN) has successfully completed the test of its surveillance and fire-control radar system in Utah on the Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System (JLENS).

The radar system met all the requirements of the test including detecting and tracking targets and integrating information with fire control and tactical data link systems.

Raytheon (NYSE:RTN)’s program director for JLENS Mark Rose said, “In addition to detecting and tracking targets, the system demonstrated its ability to communicate targeting data over command and control systems, such as Link-16, and interface with combat identification support systems, such as IFF (Identify Friend or Foe), to discriminate between friendly and hostile aircraft and missiles”.

Raytheon (NYSE:RTN) company shares are currently standing at 49.86.

Price History
Last Price: 49.86
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 48.29
6 Month Price Change %: 25.1%
12 Month Price Change %: -3.2%

Raytheon (NYSE:RTN) has awarded a contract to Contraves Advanced Devices Sdn. Bhd.

Raytheon Gives Out Missile Contract

Raytheon (NYSE:RTN) Company has awarded an initial contract to Contraves Advanced Devices Sdn. Bhd.Malasia, for the production and supply of components for the Evolved Sea Sparrow Missile (ESSM).

Contraves is the first Malaysian company to join the global team of ESSM suppliers.

Kevin Peppe, vice president of Seapower Capability Systems for Raytheon (NYSE:RTN)’s Integrated Defense Systems business, said that, “Through this partnership with Contraves, Raytheon (NYSE:RTN) is extending our global supply chain network and enhancing our presence and expertise in Malaysia. Raytheon (NYSE:RTN)’s shared commitment to quality and performance will allow us to deliver exceptional capabilities to our customer and industry, now and into the future”.

Raytheon (NYSE:RTN) shares were at 50.36 at the end of the last day’s trading. There’s been a 11.5% change in the stock price over the past 3 months.

Raytheon (NYSE:RTN) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.24
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.17
Zack’s Rank: 1 out of 6 in the industry

Raytheon (NYSE:RTN) has received a $39.6 million contract for the production of AIM-9X missiles.

Raytheon (NYSE:RTN) Gets Big Missile Contract

The US defense technology company Raytheon (NYSE:RTN) announced that it has won a modification contract from the US Navy for AIM-9X missiles for the fiscal year 2012.

Under this $39.6 million contract, the company will produce and deliver AIM-9X Block II infrared-guided air-to-air missiles.

Raytheon (NYSE:RTN)’s AIM-9X is known as Sidewinder and it is integrated to F/A-18 Hornet, F-15 Eagle and F-16 Fighting Falcon.

Sidewinder is an infrared-guided air-to-air missile that also has the capability in the surface-to-air and air-to-surface missions.

Raytheon (NYSE:RTN) stocks are currently standing at 49.17.

Price History
Last Price: 49.17
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 47.36
6 Month Price Change %: 25.1%
12 Month Price Change %: -1.8%

Raytheon (NYSE:RTN) and the US Navy have completed the developmental testing of JSOW C-1.

Raytheon (NYSE:RTN) Completes Navy Testing

The US Navy has successfully completed the developmental testing of Raytheon (NYSE:RTN)’s Joint Standoff Weapon C-1 (JSOW C-1).

The testing finished when the network enabled JSOW C-1 hit a small, fast-moving target ship located 25 nautical miles away from the F/A-18-F Super Hornet.

Raytheon (NYSE:RTN)’s Missile Systems JSOW program director Phyllis McEnroe said, “The 280 Raytheon employees in Tucson, Ariz., and hundreds of supplier employees across the U.S. worked hard to make this test a success and demonstrate JSOW C-1′s ability to operate on the Link-16 network”.

Raytheon (NYSE:RTN) shares are currently standing at 48.55.

Price History
Last Price: 48.55
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 47.04
6 Month Price Change %: 12.6%
12 Month Price Change %: -3.5%

Raytheon (NYSE:RTN) has received a power system contract from Naval Sea Systems Command.

Raytheon (NYSE:RTN) Signs Naval Deal

Raytheon (NYSE:RTN) has received a $10 million contract to develop advanced Integrated Power Systems power load modules for Pulse Forming Network (PFN) from the US Naval Sea Systems Command.

This power system will be used to power railguns, radars and lasers and it can be used without explosive charges or rocket motors.

Raytheon (NYSE:RTN)’s Integrated Defense System business’ vice president of Advanced Technology Joe Biondi said, “This new system will dramatically change how our Navy defends itself and engages enemies while at sea. We have the expertise to design and build a solution that provides our warfighters with a decisive advantage over a multitude of current and emerging threats”.

Raytheon (NYSE:RTN) shares are currently standing at 48.00.

Price History
Last Price: 48.00
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 46.82
6 Month Price Change %: 8.7%
12 Month Price Change %: -4.9%

Raytheon (NYSE:RTN) has posted higher Q4 earnings, although revenue declined.

Raytheon (NYSE:RTN) Q4 Earnings Rise

The technology maker Raytheon (NYSE:RTN) has announced its fourth quarter earnings results and forecasts for 2012.

The company’s fourth quarter profit rose 18 percent despite lower sales, and it reported net income of $552 million or $1.58 per share and adjusted fourth quarter earnings of $1.74 per share.

The company released 2012 adjusted its fourth quarter earnings forecast of $5.45 to $5.60 per share.

Raytheon (NYSE:RTN) said in a statement, “Missile Systems had fourth quarter 2011 net sales of $1.48 billion, compared with $1.57 billion in the fourth quarter of 2010. The decrease was mainly due to lower sales on the Rolling Airframe Missile and Standard Missile-2 ship-defense weapons programs”.

Raytheon (NYSE:RTN) shares are currently standing at 49.89.

Price History
Last Price: 49.89
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 46.66
6 Month Price Change %: 10.5%
12 Month Price Change %: -5.0%

Raytheon (NYSE:RTN) has supplied AWIPS II to the National Weather Service office.

Raytheon (NYSE:RTN) Delivers Weather Service Tech

The technology major Raytheon (NYSE:RTN) has supplied second-generation Advanced Weather Interactive Processing System (AWIPS II) to the National Weather Services office.

This faster and more efficient system will help forecasters to make more precise predictions and to inform the public easily and quickly.

Raytheon (NYSE:RTN)’s vice president of Mission Operations Solutions Ron Stefano said, “Its open, service-oriented architecture will allow the National Weather Service to be more responsive to requirements for future weather products and services”.

Raytheon (NYSE:RTN) stocks are currently standing at 49.69.

Price History
Last Price: 49.69
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 46.46
6 Month Price Change %: 7.1%
12 Month Price Change %: -4.4%

Raytheon (NYSE:RTN) has bought cyber security and software engineering firm Henggeler Computers.

Raytheon (NYSE:RTN) Buys Cyber Security Firm

The technology major Raytheon (NYSE:RTN) has purchased Henggeler Computers, the developer of enterprise architecture, analytics, software and cloud-based solutions.

The terms of the deal were not disclosed.

This acquisition will strengthen the company’s cybersecurity and software needs, however, the deal should not have any material impact on its sales or earnings per share.

Raytheon (NYSE:RTN)’s Intelligence and Information System business president Lynn Dugle said, “The addition of Henggeler will further strengthen Raytheon (NYSE:RTN)’s capabilities and competitiveness in cybersecurity. Henggeler is comprised of highly specialized and proven performers with deep customer relationships, and we are excited to welcome them as members of Raytheon (NYSE:RTN) team”.

Raytheon (NYSE:RTN) shares are currently standing at 49.07.

Price History
Last Price: 49.07
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 44.93
6 Month Price Change %: -1.6%
12 Month Price Change %: 8.0%