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Stock Market & Financial Investment News

News Breaks
December 4, 2012
05:17 EDTRTNRaytheon UK awarded a GBP25M contract for further Paveway IVs by UK
Raytheon UK has won a GBP25M contract from the UK Ministry of Defense for further Paveway IV precision-guided bombs. This latest contract will adhere to the accelerated delivery timeframe of two previous orders, placed over the last year, totaling nearly GBP80M.
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May 13, 2013
11:29 EDTRTNPentagon contracts tumbled in April, Washington Post says
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May 10, 2013
07:53 EDTRTNRaytheon price target raised to $73 from $63 at Stifel
Stifel increased its price target on Raytheon after meeting with the company's management, as the firm is upbeat on the company's business trends. The firm is confident about Raytheon's ability to sustain its margins and generate growth from international deals, and it expects the stock's multiple to rise later this year. The firm keeps a Buy rating on the shares.
May 8, 2013
09:05 EDTRTNITT Exelis selected to provide anti-jam GPS antennas
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May 6, 2013
17:25 EDTRTNRaytheon unit awarded $28.3M government contract modification
Raytheon Missile Systems is being awarded a cost-plus-award-fee modification for $28.3M, increasing the total contract value to $689.1M from $660.77M. The work will be performed in Tucson, Ariz., with an expected completion date of Sept. 30, 2015.

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