Raytheon Makes Trio of Leadership Promotions
Richard R. Yuse, 58, has been named president, Raytheon Space and Airborne Systems (SAS) business, effective immediately. Yuse’s appointment comes in the wake of the sudden death Jon C. Jones on March 6.
“Rick’s expertise in technology, his strong customer focus and operational excellence have been instrumental in making Raytheon a world leader in training services [...]
Raytheon Announces Passing of VP, Head of Space & Airborne Jon Jones, 55
Raytheon Company (NYSE: RTN) has announced the passing of Jon C. Jones, a company vice president, and president of the Space and Airborne Systems (SAS) business, who died over the weekend of an apparent heart attack. He was 55.
Jones came on board at Raytheon in 1977. Before taking over as president of the El Segundo, [...]
Raytheon SLAMRAAM Gets $18M
Raytheon Company’s (NYSE: RTN) Surface Launched Advanced Medium Range Air-to-Air Missile (SLAMRAAM) program has been granted approval from the U.S. Army for long-lead purchases, not to exceed $18 million, leading to low rate initial production.
This approval is significant as it underscores the Army’s confidence in the system and the capability it brings to the warfighter. [...]
Raytheon Names William F. Kiczuk CTO, VP
Raytheon (NYSE: RTN) has named William F. Kiczuk chief technology officer and vice president, where he will work under Mark E. Russell, the firm’s vice president of Engineering, Technology and Mission Assurance.
In this role, Kiczuk will be responsible for developing and executing an integrated technology and research strategy for Raytheon and chairing the company’s technology [...]
Raytheon Wins $886M GPS Deal from Air Force
Raytheon Company (NYSE: RTN) has won an initial contract of $886 million from the U.S. Air Force to develop a new element of the Global Positioning System to improve the accuracy of information from GPS satellites.
The contract represents the first two development blocks of the advanced control segment (OCX), which will have a significant impact [...]
Raytheon, L&T Link Up in Bid for Indian Tank Deal
Raytheon (NYSE: RTN) and Larsen & Toubro Limited (L&T) have submitted an L&T-led bid to provide upgrades to Indian Army T-72 tanks.
The announcement came at DEFEXPO India 2010 in New Delhi.
As part of the proposal, Raytheon will provide infrared imaging sights and electronics to improve target accuracy and increase overall system lethality of T-72 tank [...]
Raytheon, Opel/Vauxhall Win Award
Raytheon Professional Services LLC, EMEA, a subsidiary of Raytheon Company (NYSE: RTN), and Opel/Vauxhall, has won the Silver Award from Brandon Hall Research in the Best Results of a Learning Program category.
The award honors RPS for the European sales curriculum it designed, developed, deployed and manages on behalf of Opel/Vauxhall in Europe. The Brandon Hall [...]
Raytheon Wins Contract for PATRIOT Upgrades
Raytheon Company (NYSE: RTN) has been awarded a multi-million contract to provide upgrades to the PATRIOT Guidance Enhanced Missile-Tactical, or GEM-T, missiles. The contract, worth an estimated $58 million, was issued by the U.S. Army Aviation and Missile Command to upgrade 124 missiles.
The upgrades to the missile system will improve performance against cruise and tactical [...]
Raytheon Civil Communications Solution Helps First Responders
Raytheon (NYSE: RTN) has developed a mobile civil communications solutions demonstration that will allow first responders to experience seamless communications capabilities to help to save more lives.
The mobile demonstration is a high-tech experience where public safety professionals can fully immerse themselves in rescue scenarios and realize the benefits that interoperable communications provide.
“For more than 40 [...]
Raytheon Posts Strong Numbers in 4th Quarter 2009
Raytheon (NYSE: RTN) has reported fourth quarter 2009 income from continuing operations of $517 million, an increase of 21 percent compared to $428 million in the fourth quarter 2008. EPS from continuing operations for the fourth quarter 2009 was reported at $1.30, an increase of 29 percent compared to $1.01 in the fourth quarter 2008.
“Our [...]
