Inactive Instrument

Raytheon

Equities

RTN

Raytheon, Major Tool and Machine Inc. Team Up on Spy-6 Radars

January 14, 2020 at 03:00 pm

Raytheon Company has signed an exclusive teaming agreement with Major Tool & Machine, Inc. to develop array structures for the U.S. Navy's SPY-6 radar program when it transitions from low-rate initial production to hardware production and sustainment. Since its inception in January 2014, the Raytheon-led SPY-6 program has met all 20 milestones, ahead of or on schedule. The radar has a track record of performance, demonstrating its multi-mission capabilities against an array of single and multiple, simultaneous targets throughout the Navy's extensive testing program. AN/SPY-6(V) remains on schedule for delivery to the first DDG 51 Flight III, the future USS Jack H. Lucas (DDG 125). The first delivery of AN/SPY-6(V)2 to LHA 8, the USS Bougainville, an America Class Amphibious Assault Ship, is on plan for 2021.

Latest news about Raytheon

Raytheon Wins $1.2 Billion Contract to Provide Additional Patriot Air and Missile Defense Systems to Germany	07-11	CI
NASA Selects Raytheon Company to Build Landsat Next Instruments	06-12	CI
Raytheon Wins $677 Million US Navy Contract for SPY-6 Family of Radars	06-10	CI
TEVET Forges Strategic Partnership with Raytheon	05-14	CI
Raytheon Announces SM-6 intercepts ballistic missile target at sea	03-29	CI
An unknown buyer completed the acquisition of Cybersecurity, Intelligence and Services Business of Raytheon Company.	03-28	CI
Raytheon Completes Technical Review for Prototype of U.S. Navy's HALO Missile	01-09	CI
Raytheon Receives $400 Million Contract to Produce and Deliver More Than 1,500 StormBreaker Smart Weapons from U.S. Air Force	01-03	CI
Raytheon Completes Another Successful Live-Fire Demonstration of the Advanced, 360-Defense Lower Tier Air and Missile Defense Sensor	12-13	CI
Raytheon Wins $15 Million Contract from DARPA	11-16	CI
An unknown buyer entered into a definitive agreement to acquire Cybersecurity, Intelligence and Services Business of Raytheon Company for approximately $1.3 billion.	23/10/23	CI
Raytheon Wins Contract from the U.S. Army to Expand its Distributed Sensing Capability to LTAMDS	18/10/23	CI
DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH acquired Raytheon AnschÜTz Gmbh.	26/02/23	CI
DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH entered into an agreement acquire Raytheon AnschÜTz Gmbh.	18/12/22	CI
Raytheon Company acquired Northern Space & Security Ltd.	20/07/22	CI
Raytheon Company entered into an agreement to acquire Northern Space & Security Ltd.	17/07/22	CI
Raytheon Technologies Announces Executive Changes	09/12/21	CI
Raytheon Technologies Announces Resignation of Thomas A. Kennedy, Executive Chairman of the Board of Directors	25/04/21	CI
NASA Selects L3Harris Technologies Inc. and Raytheon Company for Geostationary and Extended Orbits Imager Phase A Contracts	31/03/21	CI
Francisco Partners Management, L.P. completed the acquisition of Forcepoint LLC from Raytheon Company.	10/01/21	CI
Francisco Partners Management, L.P. entered into a definitive agreement to acquire Forcepoint LLC from Raytheon Company for approximately $1.1 billion.	25/10/20	CI
Raytheon Company Reports Earnings Results for the First Quarter Ended March 29, 2020	07/05/20	CI
Raytheon Wins $55,652,618 Federal Contract	07/05/20	CI
BAE Systems plc (LSE:BA.) completed the acquisition of Airborne Tactical Radios Business from Raytheon Company.	01/05/20	CI
U.S. Air Force Selects Raytheon Company for Long-Range Standoff Missile Development	20/04/20	CI

Chart Raytheon

Duration

Period

More charts

Company Profile

Raytheon specializes in the design, manufacturing and marketing of electronic defense equipment and systems. Net sales break down by family of products and services as follows: - missile systems (29.2%): weapons systems, missiles, munitions, projectiles, etc.; - integrated air and missile defense systems (23.4%): radars systems, control and monitoring equipments, communication, information, detection and imaging systems, etc.; - aerospace systems (23.1%): radars, airborne sensors, tactical airborne communications systems, software-defined radio solutions, advanced tactical networking systems, cryptographic systems, real-time sensor networking systems, etc.; - intelligence, surveillance and reconnaissance solutions and services (22.1%). The group also provides network systems (communication, surveillance, traffic control systems, etc.) and technical services (consulting, engineering, technical assistance and training services etc.); - network and information security solutions and services (2.2%). Net sales break down geographically as follows: the United States (70.6%), Middle East and North Africa (14%), Asia/Pacific (9.3%) and other (6.1%).

Sector

More about the company