Tag Archive | "raytheon"

Raytheon Awarded Engineering Contract

Raytheon Awarded Engineering Contract

The US Army has awarded a $138.7m Patriot Air and Missile Defense System engineering services contract to Raytheon (NYSE:RTN).

Raytheon Awarded Engineering Contract

Raytheon (NYSE:RTN) has received a $138.7 million Patriot Air and Missile Defense System engineering services contract from the US Army Aviation and Missile Command.

The company will continue to provide system analysis, software and hardware engineering, testing and logistic support as part of the third annual option contract. The original contract was awarded in 2009 with a four year option period.

Sanjay Kapoor, vice president of Integrated Air and Missile Defense at Raytheon (NYSE:RTN), said, “This award represents the U.S. Army’s continued commitment to the Patriot Air and Missile Defense System deployed by the U.S. and 11 international partners. Ongoing sustainment through engineering services ensures that the Patriot systems are at the highest level of readiness”.

Raytheon (NYSE:RTN) stocks are currently standing at 50.71.

Raytheon Awarded Engineering Contract
Price History
Last Price: 50.71
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 49.43
6 Month Price Change %: 24.8%
12 Month Price Change %: -0.5%

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Raytheon Shows Off Safety Commitment

Raytheon Shows Off Safety Commitment

Raytheon (NYSE:RTN) has highlighted its commitment to public safety at IWCE.

Raytheon Shows Off Safety Commitment

Raytheon (NYSE:RTN) has launched the Rapid Alliance at the International Wireless Communication Expo (IWCE) and asserted its commitment to public safety concerns.

The company said that its open architecture is beneficial for public safety agencies.

Raytheon (NYSE:RTN) Network Centric System’s vice president of Security and Transportation Systems Michael Prout said, “Rapid Alliance(TM) integrates best-in-class technologies to deliver a proven, robust and reliable approach to the real-world needs of first responders. Looking to the future, this solution is fully interoperable for both LMR and LTE, consistent with Raytheon’s vision”.

Raytheon (NYSE:RTN) shares are currently standing at 50.41.

Raytheon Shows Off Safety Commitment
Price History
Last Price: 50.41
52 Week Low / High: 38.35 / 53.12
50 Day Moving Average: 48.38
6 Month Price Change %: 22.1%
12 Month Price Change %: -3.9%

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Raytheon Completes Tests On New Systems

Raytheon Completes Tests On New Systems

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.

Raytheon Completes Tests On New Systems
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%

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Raytheon Gives Out Missile Contract

Raytheon Gives Out Missile Contract

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 Gives Out Missile Contract
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

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Raytheon (NYSE:RTN) Gets Big Missile Contract

Raytheon (NYSE:RTN) Gets Big Missile Contract

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.

Raytheon (NYSE:RTN) Gets Big Missile Contract
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%

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Raytheon (NYSE:RTN) Completes Navy Testing

Raytheon (NYSE:RTN) Completes Navy Testing

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.

Raytheon (NYSE:RTN) Completes Navy Testing
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%

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Raytheon (NYSE:RTN) Signs Naval Deal

Raytheon (NYSE:RTN) Signs Naval Deal

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.

Raytheon (NYSE:RTN) Signs Naval Deal
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%

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Raytheon (NYSE:RTN) Q4 Earnings Rise

Raytheon (NYSE:RTN) Q4 Earnings Rise

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.

Raytheon (NYSE:RTN) Q4 Earnings Rise
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%

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