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Raytheon Co (RTN.N)

RTN.N on New York Stock Exchange

149.92USD
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Raytheon says Javelin Joint Venture team signed LOI with Tata Power Company
Wednesday, 31 Aug 2016 08:00am EDT 

Raytheon Co : Javelin JOINT VENTURE team, a partnership between Raytheon Company and Lockheed Martin, signed a LOI with Tata Power Company Limited . Development and production of javelin anti-armor missile system .Says Javelin Joint Venture (JJV) and Tata Power Sed will create a strategy to co develop and produce Javelin Missile System.  Full Article

Raytheon awarded US Navy enterprise air surveillance radar contract
Friday, 19 Aug 2016 05:43pm EDT 

Raytheon Co : Raytheon awarded US Navy enterprise air surveillance radar contract . Contract includes options which, if exercised, would bring cumulative value of contract to $723.1 million .Awarded $92.1 million cost-plus-incentive-fee contract for engineering and manufacturing development of enterprise air surveillance radar.  Full Article

Raytheon receives first contract to build naval strike missile launchers in US
Wednesday, 17 Aug 2016 12:00pm EDT 

Raytheon Co : Also plans to perform final assembly, integration and test of naval strike missile at Raytheon's Tucson, Arizona facility .Raytheon receives first contract to build naval strike missile launchers in the us.  Full Article

Raytheon signs commercial performance based logistics contract with Ruag Switzerland Ltd
Friday, 29 Jul 2016 08:00am EDT 

Raytheon Co : Five-Year agreement to service alr-67(v)3, a digital radar warning receiver, for Swiss government .Signed its first commercial performance based logistics contract with Ruag Switzerland Ltd.  Full Article

Raytheon expects international customers to account for 35 pct of 2016 bookings - Conf Call
Thursday, 28 Jul 2016 10:08am EDT 

Raytheon Co : Says continue to see strong demand for integrated air missile defense solutions, precision munitions, and C5ISR capability . Says this demand has been broad-based across the European, Middle East and Asia Pacific regions . Says expects international to account for about 35 pct of total bookings in 2016 . Says investment in factory automation and equipment upgrades paid off in Q2 and drove margin improvement . Says raising FY 2016 bookings outlook to $26 bln (plus or minus $500 mln) from $25 bln-$26 bln previously . Says don't see any significant impact from Brexit . Says expect to see margin improvement in IDS biz continuing into 2017 Further company coverage: [RTN.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Raytheon, Thales modify ThalesRaytheonSystems joint venture structure
Friday, 1 Jul 2016 12:28pm EDT 

Raytheon Co : Raytheon and Thales modify ThalesRaytheonSystems joint venture structure . Raytheon made a cash payment to Thales in amount of $90 million . Company structure transitions are effective immediately . Will be recording a tax free gain of approximately $150 million in its Q2 financial results . Says ThalesRaytheonSystems joint venture has been restructured to focus solely on NATO agencies and NATO member nations . Former TRS LLC - US operations is now a wholly-owned subsidiary of Raytheon, Raytheon Command and Control Solutions . Former TRS SAS - French operations is now a wholly-owned subsidiary of Thales .Ground-Based radars,non-ACCS-related air command,control systems currently within jv portfolio will transition to parent companies.  Full Article

Raytheon, Aerojet Rocketdyne sign sourcing agreement
Tuesday, 7 Jun 2016 08:00am EDT 

Raytheon Co , Aerojet Rocketdyne : Raytheon, Aerojet Rocketdyne sign new strategic sourcing agreement . Aerojet Rocketdyne will act as principal and long-term supplier of its legacy portfolio of propulsion systems and energetics products for key weapons programs .Raytheon says as part of agreement, two companies will jointly pursue affordability initiatives through 2019.  Full Article

Raytheon files for potential mixed shelf, size not disclosed - SEC filing
Monday, 6 Jun 2016 05:29pm EDT 

Raytheon Co :Raytheon Co files for potential mixed shelf, size not disclosed - SEC filing.  Full Article

Raytheon sets quarterly cash dividend of $0.7325 per share
Thursday, 26 May 2016 05:05pm EDT 

Raytheon Co :Sets quarterly cash dividend of $0.7325 per share.  Full Article

Jordan to acquire Raytheon's Tow missiles
Tuesday, 10 May 2016 03:41am EDT 

Raytheon Co : Jordan's ministry of defence has signed an agreement with U.S. Department of defense to acquire tow missiles . Will begin deliveries this year .Jordan to acquire raytheon's tow missiles.  Full Article

BRIEF-Undisclosed member of 13-nation group has awarded co a $225 million contract

* Raytheon-Undisclosed member of 13-nation group has awarded co a $225 million direct commercial sales contract for additional capability Source text for Eikon: Further company coverage: