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Stock Market & Financial Investment News

News Breaks
July 13, 2014
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.
News For RTN From The Last 14 Days
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October 16, 2014
08:02 EDTRTNRaytheon awarded $49.5M missile contract by U.S. Navy
Raytheon has been awarded a $49.5M contract by the U.S. Navy for production of new laser-guided Maverick missiles. The Navy also intends to exercise a contract option to purchase additional units bringing the total contract value to $54.9M.
October 14, 2014
15:55 EDTRTNRaytheon to resume work on Army software following court ruling
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05:48 EDTRTNRaytheon signs LOI with PIT-RADWAR
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October 13, 2014
07:15 EDTRTNNational Association of Corporate Directors to hold a conference
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October 9, 2014
13:56 EDTRTNObama calls on Congress to lift defense spending cuts, Politico says
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October 8, 2014
08:02 EDTRTNRaytheon realize savings of $300M for U.S. Army on Warfighter training program
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07:19 EDTRTNRaytheon contemplates agreement with Qatar before 2014 end, Reuters says
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October 7, 2014
14:01 EDTRTNRaytheon breaks ground for new warehouse near Farmington, N.M.
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October 6, 2014
17:20 EDTRTNRaytheon awarded $19.5M contract from U.S. Air Force
The U.S. Air Force awarded Raytheon Company a $19.5M contract for engineering and manufacturing development of a new expeditionary radar that will detect, identify and track drones, missiles and aircraft. The total contract, including all options, is currently estimated at $71.8M and includes the procurement of an additional three radar systems, for a total of six radar systems and product support. The radar, called the Three Dimensional Expeditionary Long Range Radar, or 3DELRR, is one of the first programs under the DoD's Better Buying Power initiative to be designed for exportability, enabling U.S. forces, allies and security partners to benefit from the system.

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