Raytheon Garners $163.5 Million to Modernize Bradley Vehicle Surveillance Capability
MCKINNEY, Texas, April 6, 2009 - Raytheon Company (NYSE: RTN ) received two contracts totaling $163.5 million to provide 360-degree panoramic surveillance capability for Bradley fighting vehicles.
The firm-fixed price awards call for 822 Commander's Independent Viewer Block 1 units and spares to equip the U.S. Army Bradley A3.
"Raytheon's CIV is a 360-degree azimuth panoramic surveillance sight that gives the Bradley fighting vehicle improved hunter and killer capabilities," said Kass Flockerzy, Raytheon program manager for the viewer. "CIV increases situational awareness and weapon effectiveness for the Bradley commander, and it contributes to overall force protection and mission execution."
Raytheon Network Centric Systems has delivered more than 1,800 CIVs. The viewer is a second-generation infrared vision system for the Bradley fighting vehicle that provides the commander with a 360-degree battlefield view and includes enhanced capabilities for early threat detection from longer stand-off ranges.
"These CIV orders contribute to the modernization efforts that will keep Bradley vehicles mobile, operational and available to our forces," added Flockerzy.
The work under these two awards will be managed by Network Centric Systems in McKinney, Texas.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Note to Editors:
Raytheon received two CIV contracts from BAE Ground Systems division: a $123 million order for 620 units let Feb. 20, 2009, and a $40.5 million award for 202 units received Feb. 26, 2009.
Contact: Dave Desilets 972.952.2239
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Showing posts with label Raytheon Company (NYSE: RTN ). Show all posts
Showing posts with label Raytheon Company (NYSE: RTN ). Show all posts
Monday, April 6, 2009
Air Force Selects Raytheon to Improve Mission Coordination Under Electronic Warfare Battle Management Contract
Air Force Selects Raytheon to Improve Mission Coordination Under Electronic Warfare Battle Management Contract
MARLBOROUGH, Mass., April 6, 2009 -- The U.S. Air Force awarded Raytheon Company (NYSE: RTN ) a $3.5 million Electronic Warfare Battle Management (EWBM) system design contract.
Under the award from the Air Force Research Laboratory, Raytheon will spend three years conducting a series of EWBM system experiments and demonstrations in the Air Force Research Laboratory's virtual combat laboratory at Wright Patterson Air Force Base, Ohio. Through these experiments, the Air Force will be able to apply EWBM to a variety of scenarios to determine the best use of electronic warfare assets on the battlefield.
Electronic warfare is the use of electronic attack, support and protection during military operations. Battle management focuses on the command and control of forces in the battle area. In joining these two solutions, commanders and warfighters will dramatically improve mission coordination and significantly enhance the common operating picture of the battlefield.
"This EWBM award provides a roadmap on how to best control and synchronize all available electronic warfare resources," said Jerry Powlen, vice president, Integrated Communications Systems. "Raytheon's solutions in electronic warfare and command and control will dramatically change the way we arm our warfighters to engage in combat."
Raytheon will work with Sierra Nevada Corporation, AEA Technology, Inc. and Bonn Corporation to provide this solution.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contact: MB Hodgkiss 508.490.2607 mb@raytheon.com
MARLBOROUGH, Mass., April 6, 2009 -- The U.S. Air Force awarded Raytheon Company (NYSE: RTN ) a $3.5 million Electronic Warfare Battle Management (EWBM) system design contract.
Under the award from the Air Force Research Laboratory, Raytheon will spend three years conducting a series of EWBM system experiments and demonstrations in the Air Force Research Laboratory's virtual combat laboratory at Wright Patterson Air Force Base, Ohio. Through these experiments, the Air Force will be able to apply EWBM to a variety of scenarios to determine the best use of electronic warfare assets on the battlefield.
Electronic warfare is the use of electronic attack, support and protection during military operations. Battle management focuses on the command and control of forces in the battle area. In joining these two solutions, commanders and warfighters will dramatically improve mission coordination and significantly enhance the common operating picture of the battlefield.
"This EWBM award provides a roadmap on how to best control and synchronize all available electronic warfare resources," said Jerry Powlen, vice president, Integrated Communications Systems. "Raytheon's solutions in electronic warfare and command and control will dramatically change the way we arm our warfighters to engage in combat."
Raytheon will work with Sierra Nevada Corporation, AEA Technology, Inc. and Bonn Corporation to provide this solution.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contact: MB Hodgkiss 508.490.2607 mb@raytheon.com
Thursday, March 26, 2009
Defense Stocks Sector Close-Up, Defense Stocks Up with Markets -Raytheon Company (NYSE: RTN ) up 7.71%
Defense Stocks Sector Close-Up, Defense Stocks Up with Markets
Raytheon Company (NYSE: RTN ) up 7.71%
POINT ROBERTS, Wash., DELTA, B.C. –March 26, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up on leading defense stocks following another positive day in the markets.
Defense stocks trading as of close- March 26, 2009:
American Science and Engineering Inc (NasdaqGS: ASEI) closed up $ 2.81 (5.46% ).
Honeywell International Inc. (NYSE:HON) had gains of $ 1.46 (5.04%).
L-3 Communications (NYSE: LLL ) closed at $ 70.73, up $ 2.30 (3.36%).
Lockheed Martin Corporation (NYSE:LMT) end the day at $ 72.67, up $4.19 (6.12%).
Northrop Grumman Corporation (NYSE:NOC) closed up (5.25%).
Raytheon Company (NYSE: RTN ) closed up at 40.10, moving up $2.87 (7.71%) on the day.
To research more defense (defence) stocks:
Homeland Security and Defense Stocks Directory:
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Spade Defense Index- Interviews and Transcripts:
The SPADE Defense Index® (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with the defense, homeland security, and space marketplace. http://www.investorideas.com/Content_Partners/SI/Default.asp
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
Affiliated Homeland Security/Defense Website –
The National Homeland Security Knowledgebase (NHSK) - Securing a Better World
(NHSK) is a leading Non-Government Website for search phrase "Homeland Security" featuring a comprehensive collection of links and resources and news in Homeland Security, Defense and global security issues.
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Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
Raytheon Company (NYSE: RTN ) up 7.71%
POINT ROBERTS, Wash., DELTA, B.C. –March 26, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up on leading defense stocks following another positive day in the markets.
Defense stocks trading as of close- March 26, 2009:
American Science and Engineering Inc (NasdaqGS: ASEI) closed up $ 2.81 (5.46% ).
Honeywell International Inc. (NYSE:HON) had gains of $ 1.46 (5.04%).
L-3 Communications (NYSE: LLL ) closed at $ 70.73, up $ 2.30 (3.36%).
Lockheed Martin Corporation (NYSE:LMT) end the day at $ 72.67, up $4.19 (6.12%).
Northrop Grumman Corporation (NYSE:NOC) closed up (5.25%).
Raytheon Company (NYSE: RTN ) closed up at 40.10, moving up $2.87 (7.71%) on the day.
To research more defense (defence) stocks:
Homeland Security and Defense Stocks Directory:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html
Spade Defense Index- Interviews and Transcripts:
The SPADE Defense Index® (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with the defense, homeland security, and space marketplace. http://www.investorideas.com/Content_Partners/SI/Default.asp
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
Affiliated Homeland Security/Defense Website –
The National Homeland Security Knowledgebase (NHSK) - Securing a Better World
(NHSK) is a leading Non-Government Website for search phrase "Homeland Security" featuring a comprehensive collection of links and resources and news in Homeland Security, Defense and global security issues.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Investorideas.com Membership – Defense stocks directory access and investor research tool
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks, biotech and defense stocks directory, as well as the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: http://www.investorideas.com/membership/
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
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