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Stock Market & Financial Investment News

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February 14, 2013
08:31 EDTRTNRaytheon-Thales team awarded $3.5M contract from U.S. Army
Raytheon Technical Services Company, a subsidiary of Raytheon, together with teammate Thales Visionix, has won an award valued at $3.5M for the engineering and manufacturing development of Common Helmet Mounted Display systems for the U.S. Army's Air Soldier Program. Under the contract, the RTSC/TVI team will perform systems engineering to adapt TVI's popular Scorpion helmet mounted display for installation on the HGU-56/P helmet for use in Army helicopter applications. The contract award was made by the U.S. Army's Program Executive Office Soldier, and the work will be performed in Indianapolis, Ind., and Aurora, Ill.  
News For RTN From The Last 14 Days
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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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