Key Developments: Raytheon Co (RTN)

RTN on New York Consolidated

28 Jul 2014
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$1.21 (+1.31%)
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Latest Key Developments (Source: Significant Developments)

Raytheon Co announces chairman change
9:14am EDT 

Raytheon Co:Appoints Thomas A. Kennedy as Chairman of the Board of Raytheon company effective Oct. 1, 2014.This action follows notice to the Board by William H. Swanson, Raytheon's current Chairman of the Board, of his retirement from the company effective Sept. 30.  Full Article

Poland's TELDAT signs letter of intent with Raytheon
3:00am EDT 

Raytheon Co:Signs a Letter of Intent with Poland's TELDAT to cooperate in mutually beneficial business opportunities related to Poland's air defense architecture, as well as exports to global markets.Companies will examine areas for partnership in IP-based networking solutions, software and devices, Militarized communications equipment, Command and control software and System integration, verification and validation testing.  Full Article

Raytheon Co reaffirms FY 2014 outlook
Thursday, 24 Jul 2014 07:04am EDT 

Raytheon Co:Expects FY 2014 net sales in the range of 22.5 - 23.0 bln.Expects FY 2014 adjusted EPS in the range of $5.76 - $5.91.Expects FY 2014 EPS from continuing operations in the range of $6.74 - $6.89.FY 2014 revenue of $22.7 bln, EPS of $6.80 - Thomson Reuters I/B/E/S.  Full Article

Raytheon Co declares quarterly cash dividend
Wednesday, 23 Jul 2014 06:45pm EDT 

Raytheon Co:Says that it has declared a quarterly cash dividend of $0.605 per share of common stock.Says the cash dividend is payable on Oct. 30, 2014, to shareholders of record as of the close of business on Oct. 1, 2014.  Full Article

Raytheon Co to provide torpedo integration on Alenia Aermacchi aircraft for Turkish Navy
Thursday, 17 Jul 2014 03:00am EDT 

Raytheon Co: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.It received a $5.7 million contract to support Alenia Aermacchi's test, integration and qualification for the external carriage and tactical employment of the lightweight torpedoes.  Full Article

US Army awards Raytheon Co contract for Patriot
Wednesday, 16 Jul 2014 03:00am EDT 

Raytheon Co:Received a $235.5 million contract for Radar Digital Processor (RDP) kits to upgrade the combat-proven Patriot Air and Missile Defense System for the US and two partner nations.  Full Article

Kongsberg Gruppen and Raytheon to provide new solutions for Offensive Anti-Surface Warfare
Tuesday, 15 Jul 2014 03:00am EDT 

Kongsberg Gruppen ASA:Says it has formed a teaming agreement with Raytheon Co to provide new solutions for the Offensive Anti-Surface Warfare (OASuW) mission.As a centerpiece of the agreement, the companies will develop the Joint Strike Missile (JSM) for air-launched OASuW applications.  Full Article

US Air Force awards Raytheon Co for MALD-J
Monday, 14 Jul 2014 03:00am EDT 

Raytheon Co:Has been awarded an $80,768,012 firm-fixed-price and cost-plus-fixed-fee contract for the Lot 7 Miniature Air Launched Decoy Jammer (MALD-J) missile (200 each) to include: data, mission planning, process verification program, and operational flight software.  Full Article

Raytheon Co awarded $163 mln AMRAAM contract
Thursday, 3 Jul 2014 12:00pm EDT 

Raytheon Co:Awarded a $163,223,113 fixed-price/fixed-price-incentive/cost-plus-incentive contract for Advanced Medium Range Air-to-Air Missiles (AMRAAM) Program Support and Sustainment.Contract provides sustaining engineering, program management, contractor logistics support and accomplishes the diminishing manufacturing sources.  Full Article

Raytheon UK and Falck Schmidt announce collaborative marketing agreement
Wednesday, 25 Jun 2014 08:01am EDT 

Raytheon Co:Says Raytheon UK nd Falck Schmidt Defence Systems have signed a collaborative marketing agreement.Agreement to explore joint power sub-systems and platform integration opportunities.Two companies will also market their combined capabilities and products throughout Europe and North America.Through agreement, Raytheon brings capabilities in design, manufacture, test and supply of integrated power solutions.Falck Schmidt enhances with its extensive experience in field of platform integration and auxiliary power systems.  Full Article

Raytheon posts 13 percent profit rise, maintains outlook

- U.S. weapons maker Raytheon Co reported a 13 percent rise in second-quarter profit, helped by cost cutting and favorable pension adjustments, and maintained its full-year forecast.

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