$RTN (Raytheon Company)

$RTN {{ '2016-09-23T14:03:10+0000' | timeago}} • Announcement

The BoD of $RTN appointed Dinesh Paliwal as a director, effective immediately. Paliwal serves as CEO of $HAR.

$RTN {{ '2017-09-12T13:22:01+0000' | timeago}} • Announcement

$RTN received a $119MM contract from the U.S. Navy to begin integrating a new multi-mode seeker into the Tomahawk Block IV cruise missile. The enhancement will enable the weapon to engage moving maritime targets. Raytheon is expected to deliver this new capability by 2022.

$RTN {{ '2017-09-12T11:25:24+0000' | timeago}} • Announcement

$RTN said it will design, develop and manufacture the projector for BAE Systems' Digital Light Engine head-up display on the F-22 Raptor. The digital HUD upgrade will integrate seamlessly into the F-22's existing HUD space and enhance the pilot's situational awareness in the cockpit. Deliveries begin early next year.

$RTN {{ '2017-09-11T12:32:28+0000' | timeago}} • Announcement

$RTN has selected $DCO to build fire control systems for the Naval Strike Missile, an advanced weapon that Raytheon is offering for the U.S. Navy's over-the-horizon requirement for its littoral combat ships and future frigates. Work is expected to begin in late 2017 at both Berryville and Huntsville locations. Finer details are under wraps.

$RTN {{ '2017-09-07T16:19:32+0000' | timeago}} • Announcement

$RTN appointed Christopher Davis as president, Raytheon International Inc. effective immediately. Davis replaces Thomas Vecchiolla, who recently retired after 15 years with the company. Davis will report to John Harris, VP, Business Development and CEO, RII, and be based in Washington, D.C.

$RTN {{ '2017-08-30T11:27:52+0000' | timeago}} • Announcement

A $RTN-built Standard Missile-6 intercepted a medium-range ballistic missile target at sea, after being fired from the USS John Paul Jones. This was the third time that the SM-6 missile successfully engaged a ballistic missile target in its terminal phase. This test was conducted a day after North Korea fired a ballistic missile over Japan.

$RTN {{ '2017-08-14T13:25:04+0000' | timeago}} • Announcement

The BoD of $RTN, a provider of defense and cybersecurity solutions, has elected Robert Work as a Director, with immediate effect. Work was the 31st Deputy Secretary of Defense, a position he held through July 2017.

$RTN {{ '2017-07-31T11:52:19+0000' | timeago}} • Announcement

Cyber security company $RTN has appointed Kurt Amend as CEO of the Raytheon Arabia business unit. He has also been elected to the BoD of Raytheon Arabia. Previously, Amend served as president of Raytheon International, Saudi Arabia. In addition, the company named Faisal al Bakr, director of Raytheon International, as an officer of Raytheon Arabia.

$RTN {{ '2017-07-28T20:48:39+0000' | timeago}} • Announcement

$RTN said Edward Miyashiro will retire as VP the Raytheon Company Evaluation Team, after serving the company for 43 years. Ralph Acaba has been named VP of Raytheon Program Management Excellence, to succeed Miyashiro. Most recently, Acaba served as VP of Integrated Air and Missile Defense.

$RTN {{ '2017-07-27T11:47:27+0000' | timeago}} • Announcement

Sales of $RTN’s Integrated Defense Systems segment grew 5% annually in 2Q17, while sales of the Intelligence, Information and Services division dropped 2%. Sales of the Missile Systems segment climbed 11% YoY, and those of Space and Airborne Systems advanced 4%. There was a 1% gain in the Forcepoint division’s sales.

$RTN {{ '2017-07-27T11:32:20+0000' | timeago}} • Announcement

$RTN revised up its sales outlook for fiscal 2017 to the range of $25.1-$25.6BIl from the earlier forecast of $24.9-$25.4Bil. EPS from continuing operations are currently estimated between $7.35 and $7.5, higher than the previous outlook of $7.25-$7.4. The company reaffirmed its forecast of operating cash flow for 2017 in the range of $2.8-$3.1Bil.

$RTN {{ '2017-07-27T11:22:10+0000' | timeago}} • Announcement

Technology company $RTN reported a decline in 2Q17 profit, despite a 4.2% growth in revenues. Earnings dropped to $553MM or $1.89 per share from $717MM or $2.41 per share a year earlier. The bottomline was impacted by a $0.09 per share charge associated with early retirement of debt. Total bookings decreased 8% YoY to $6.53Bil during the quarter.

$RTN {{ '2017-07-25T16:08:57+0000' | timeago}} • Announcement

$RTN said it will integrate the CyberSponse security platform to automate threat detection and response for its managed services customers. This technology collaboration combines CyberSponse's automated incident response and security orchestration capabilities with $RTN's Virtual-Security Operations Center to lower attacker dwell time.

$RTN {{ '2017-06-21T13:16:05+0000' | timeago}} • Announcement

$RTN has joined hands with technology company Kongsberg Gruppen to offer Naval Strike Missiles (NSM) to meet the over-the-horizon requirement of the US Navy for its littoral combat ships and future frigates. Raytheon will be producing NSM launchers, missiles and components in the US.

$RTN {{ '2017-06-20T14:11:35+0000' | timeago}} • Announcement

$RTN was awarded a contract valued up to $154MM over seven years to continue support at NASA's Neutral Buoyancy Laboratory.

$LMT {{ '2017-06-20T11:31:52+0000' | timeago}} • Announcement

$LMT said Sierra Nevada Corp. (SNC) has joined the Skunk Works JSTARS Recapitalization (Recap) team, which currently includes Bombardier and $RTN, bringing greater value to the partnership, and the team's ability to deliver a premier solution to the U.S. Air Force.

$RTN {{ '2017-06-19T12:06:09+0000' | timeago}} • Announcement

$RTN and the U.S. Air Force completed a series of rigorous, high-speed wind tunnel tests for Small Diameter Bomb II, moving the weapon one step closer to integration on the Joint Strike Fighter. SDB II can destroy moving targets in all weather conditions at ranges greater than 40 miles.

$RTN {{ '2017-06-12T15:40:56+0000' | timeago}} • Announcement

$RTN has been awarded a $116.4MM contract by the US Army to enter the technological maturation and risk reduction phase of the Long-Range Precision Fires program. This phase includes testing missile components to be sure the design is ready for engineering and manufacturing development and live-fire demonstrations by the end of 2019.

$RTN {{ '2017-06-08T17:37:20+0000' | timeago}} • Announcement

$RTN has been awarded a contract valued up to $600MM for software support and sustainment to modernize missile defense and other strategic systems. The work will be conducted at the Software Engineering Directorate, US Army Aviation and Missile Research, Development and Engineering Center at Redstone Arsenal.

$RTN {{ '2017-05-26T10:44:45+0000' | timeago}} • Announcement

$RTN BoD declared a quarterly cash dividend of $0.7975 per outstanding share of common stock. The cash dividend is payable on Aug. 3, 2017, to shareholders of record as of the close of business on July 5, 2017.

$RTN {{ '2017-05-24T12:31:14+0000' | timeago}} • Announcement

$RTN completed the modernization of the United States' busiest terminal air traffic control facility six months ahead of schedule. $RTN replaced software and hardware and more than 100 automation systems with the Standard Terminal Automation Replacement System to support increased demand for air traffic control services in the New York area.

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