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Stock Market & Financial Investment News

News Breaks
June 30, 2014
17:27 EDTRTNRaytheon awarded $163.22M government contract
Raytheon has been awarded a $163.22M fixed-price/fixed-price-incentive/cost-plus-incentive contract for Advanced Medium-Range Air-to-Air Missile, or AMRAAM, Program Support and Sustainment, or PSAS. The PSAS contract provides sustaining engineering, program management, contractor logistics support and accomplishes the diminishing manufacturing sources and material shortage tasks of extending the life of the AMRAAM Central Processing Unit, improving the AMRAAM guidance section within the current performance envelope, and developing applicable test equipment. Work will be performed at Tucson, Arizona, and is expected to be completed by Jan. 31, 2017. This award is the result of a sole source acquisition. This contract has unclassified 45.7 percent foreign military sales service/repair requirements for Saudi Arabia, Korea, Israel, Singapore and United Arab Emirates.
News For RTN From The Last 14 Days
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December 17, 2014
17:18 EDTRTNRaytheon awarded $344.34M government contract
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December 10, 2014
08:01 EDTRTNRaytheon awarded $26M US Navy contract for Tomahawk launching system
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December 9, 2014
07:45 EDTRTNRaytheon, BAE asked to increase shipbuilding role in Australia, Reuters reports
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