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News Breaks | | | | December 27, 2012 | | 17:34 EDT |  | RTN | Raytheon awarded $226.81M government contract
Raytheon is being awarded a $226.81M firm-fixed-price, multi-year contract for FY13, FY14 and FY15 Evolved Seasparrow Missiles production requirements. This contract includes options which, if exercised, would bring the cumulative value of this contract to $259.88M. Work is expected to be complete by September 2016. Funding in the amount of $45.2M will be obligated at the time of award. Contract funds in the amount of $139,772 will expire at the end of the current fiscal year. | |
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News For RTN From The Last 14 Days Check below for free stories on RTN the last two weeks. |
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| May 13, 2013 | | 11:29 EDT |  | RTN | Pentagon contracts tumbled in April, Washington Post says
 Subscribe for More Information | | | May 10, 2013 | | 07:53 EDT |  | RTN | Raytheon 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 EDT | | RTN | ITT Exelis selected to provide anti-jam GPS antennas
Subscribe for More Information | | | May 6, 2013 | | 17:25 EDT | | RTN | Raytheon 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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