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Stock Market & Financial Investment News

News Breaks
December 27, 2012
17:36 EDTRTNRaytheon awarded $140M government contract, options up to $237M
Raytheon is being awarded a $140M cost-plus-fixed-fee contract for CY13 Evolved Seasparrow Missile Design Agent, in-service support, technical engineering support services and Block 2 risk reduction support. This contract includes options which, if exercised, would bring the cumulative value of this contract to $237M. Work is expected to be complete by December 2013. Funding in the total amount of $13.02M will be obligated at time of award. Contract funds will not expire at the end of the current fiscal year.
News For RTN From The Last 14 Days
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November 14, 2014
10:00 EDTRTNOn The Fly: Analyst Upgrade Summary
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07:47 EDTRTNRaytheon upgraded to Outperform at Cowen
As reported previously, Cowen upgraded Raytheon to Outperform from Market Perform based on U.S. share gains, foreign sales reorganization, and improved visibility. The firm raised its price target on the stock to $120 from $105.
06:09 EDTRTNRaytheon upgraded to Outperform from Market Perform at Cowen
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November 10, 2014
08:08 EDTRTNRaytheon awarded $13.5M task order modification on FOCUS contract
Raytheon and its partner team have been awarded a $13.5M task order modification on the Warfighter Field Operations Customer Support contract to add more Afghan pilots to the New Dawn training program. An additional 24 fixed-wing and four rotary-wing Afghan Air Force pilots will be trained. Based in the United Arab Emirates, the New Dawn program trains Afghan Air Force Officers to a level equivalent to a commercial pilot certification. Upon graduation, the pilots return to Afghanistan for service as aviators in that nation's Air Force.

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