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Raytheon, Leonardo DRS to Produce FLIR Camera Spare Parts for Army

Raytheon (NYSE: RTN) and Leonardo DRS’ network and imaging systems business have each won a five-year, $79.3 million contract to provide spare parts for the U.S. Army‘s second-generation forward-looking infrared cameras. The Defense Department said Friday the two companies will produce the components for FLIR Block 1 B kits under the indefinite-delivery/indefinite-quantity contracts from …

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Raytheon Lands $110M Air Force Weapons Package IDIQ

Raytheon (NYSE: RTN) has received a potential $110 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to produce, certify, integrate and sustain Paveway laser-guided bombs. The Defense Department said Thursday the contract also offers a total-package acquisition approach for foreign military customers, such as the Philippines, that actively leverage or have expressed interested …

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Raytheon’s Todd Probert: Commercial Software Processes & DoD Expertise to Drive Defense Capability Dev’t

TYSONS CORNER, VA, August 9, 2018 — Todd Probert, vice president of mission support and modernization at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said a budget and acquisition framework focused on the use of commercial software development methods is needed to accelerate the delivery of defense capabilities, …

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Raytheon’s Dave Wajsgras Talks ‘Full Operational Mode’ on $1B DHS Cybersecurity Contract

TYSONS CORNER, VA, August 2, 2018 — Dave Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said the company continues to work with the Department of Homeland Security to bolster the government’s cybersecurity posture after reaching “full operational mode” on the $1 billion Development, Operations and Maintenance or DOMino …

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Sally Sullivan, Ed Fortunato Named to VP Roles at Raytheon

Sally Sullivan, a former CSRA executive, has joined Raytheon (NYSE: RTN) as vice president of U.S. business development. Sullivan previously served as executive VP for the homeland security group at CSRA, which is now part of General Dynamics’ (NYSE: GD) information technology business after the latter completed its purchase in April, …

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Raytheon Gets $96M Air Force Decoy Missile Order

Raytheon (NYSE: RTN) has received a $96.1 million contract to produce 250 Miniature Air-Launched Decoy missiles for the U.S. Air Force. The company said Tuesday that it will manufacture the MALD-J jamming variant of the missile that works to electronically stimulate and neutralize enemy air defense systems. Mike Jarrett, vice president of …

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Raytheon’s Todd Probert: Multidomain C2 to Bolster Decision-Making in Future Combat

TYSONS CORNER, VA, July 27, 2018 — Todd Probert, vice president for mission support and modernization at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said a multidomain command-and-control system will be key to support military decision-making in the future combat environment, ExecutiveBiz reported July 13. Probert wrote in …

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Raytheon Records 5.5% Increase in Net Sales, $8.7B in Bookings for Q2 2018

Raytheon (NYSE: RTN) recorded $6.6 billion in net sales for the second quarter of fiscal 2018, reflecting a 5.5 percent increase from the same period last year. The company said Thursday it logged $8.7 billion in Q2 bookings and $1.2 billion in operating cash flow related to second-quarter continuing operations. The …

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Navy Awards Raytheon Potential $302M Contract to Help Maintain Guided Missile Weapon System

Raytheon (NYSE: RTN) has been awarded a potential five-year, $301.7 million contract from the U.S. Navy to provide design agent and engineering support services for a weapon system used to defend against anti-ship missiles. The cost-plus-fixed-fee contract has a $64.4 million initial value and will reach its full cumulative value if …

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Raytheon’s Dave Wajsgras Joins Va. Officials to Talk Cybersecurity, Honor NCCDC Champions

TYSONS CORNER, VA, July 20, 2018 — Dave Wajsgras, president of the intelligence, information and services business at Raytheon (NYSE: RTN), participated in a discussion with Virginia state officials earlier this month about cybersecurity and opportunities for training in the field, ExecutiveBiz reported July 13. The event, which was held …

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