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News Breaks
July 17, 2014
05:50 EDTRTNRaytheon announces $5.7M contract to support Alenia Aermacchi
Raytheon will serve as weapons integrator for Italian aircraft manufacturer Alenia Aermacchi, providing 31 months of engineering services support for integration of MK 54 and MK 46 torpedoes onto the Alenia Aermacchi ATR-72-600ASW maritime patrol aircraft. Raytheon received a $5.7M contract to support Alenia Aermacchi's test, integration and qualification for the external carriage and tactical employment of the lightweight torpedoes. Alenia Aermacchi is the prime contractor on the Meltem III contract under which it is obligated to provide ATR-72-600ASW aircraft to the Turkish Navy.
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May 18, 2015
05:16 EDTRTNRaytheon secures contract with Honda in Europe
Raytheon Professional Services GmbH, or RPS, a subsidiary of Raytheon (RTN), has signed a long-term contract with Honda Motor Europe Limited (HMC) for the outsourcing of all development of their Pan-European dealer training, as well as domestic training delivery operations in the UK and Germany. As part of the contract, RPS will manage Pan-European curriculum content development, product launch training and Learning Management System administration and support. RPS' training services will cover Honda's complete product range including Cars, Motorcycles and Power Products, and will extend to all sales, aftersales, technical, and management personnel. The contract also includes the outsourcing and management of Honda's accredited apprenticeship program, across the whole product range, in the UK. Students will be able to achieve either an Intermediate or Advanced apprenticeship through the program.
May 15, 2015
08:32 EDTRTNCitigroup aerospace/defense analyst holds analyst/industry conference call
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08:00 EDTRTNReport claims Lockheed beats Raytheon for missile shield pact, Reuters says
German newspaper Sueddeutsche Zeitung reported that Germany's defense ministry has decided to award a Lockheed Martin (LMT) led consortium one of the most expensive defense projects of the next decade by supposedly selecting its MEADS missile defense system over Raytheon's (RTN) next-generation Patriot system, though a U.S.-based source called the German report "absolutely incorrect," according to Reuters. Reference Link

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