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Stock Market & Financial Investment News

News Breaks
June 27, 2014
18:07 EDTRTNRaytheon awarded $275.4M government contract modification
Raytheon Missile Systems, Tucson, Arizona, is being awarded a $275,434,620 modification to a previously awarded contract, N00024-13-C-5407, for fiscal 2014 Standard Missile 6 all-up rounds, and SM-6 and Standard Missile 2 spares and containers. Work is expected to be completed by March, 2017. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity.
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July 17, 2014
05:50 EDTRTNRaytheon announces $5.7M contract to support Alenia Aermacchi
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July 16, 2014
05:47 EDTRTNRaytheon awarded $235.5M contract by U.S. Army
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July 15, 2014
05:52 EDTRTNRaytheon, Kongsberg collaborate to provide air-launched OASuW solutions
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July 14, 2014
05:33 EDTRTNRaytheon awarded $80.77M contract for MALD-J
Raytheon has been awarded an $80.77M firm-fixed-price and cost-plus-fixed-fee contract for the Lot 7 Miniature Air Launched Decoy Jammer, or MALD-J, missile to include: data, mission planning, process verification program, and operational flight software. Work will be performed in Tucson, Arizona, and is expected to be completed by June 30, 2016. This award is a result of a sole-source acquisition.
July 13, 2014
12:53 EDTRTNRaytheon upgrades Japanese Navy's friend or foe transponders
In partnership with Hitachi Kokusai, Raytheon is leading Japan's P-1 maritime surveillance aircraft modernization project. The upgrade features Raytheon's Identification Friend or Foe,IFF, transponders containing modern technologies, which include a new waveform that identifies and tracks military aircraft.
12:43 EDTRTNUS Air Force integrating Raytheon aircraft-tracking transponders
Raytheon has started integrating Automatic Dependent Surveillance-Broadcast, ADS-B, capabilities for the U.S. Air Force's largest airplanes to ensure that the service meets an international deadline for equipping military aircraft with the latest satellite-based cooperative aircraft tracking technology. Air Force bombers, cargo planes and refueling tankers are receiving transponder capabilities that broadcast their location and other information while in civil airspace. ADS-B technology monitors plane movement, and is required in the majority of all aircraft flying in the United States by 2020. Similar mandates exist for international air space navigation.

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