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Stock Market & Financial Investment News

News Breaks
January 16, 2013
08:31 EDTRTNRaytheon awarded $12.3M contract for HARM upgrade
The U.S. Air Force awarded Raytheon a $12.3M contract to begin full rate production of High-Speed Anti-Radiation Missile (HARM) Control Section Modification upgrade units. Raytheon received the award as the result of a down-select competition. The modification adds a GPS receiver and an improved inertial measurement unit for precision navigation to the existing HARM. HCSM also features a digital flight computer that merges targeting solutions from navigation and seeker systems. These enhancements improve the probability of hit, while controlling where the missile can and cannot fly.
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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