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Looking to expand its U.S. electronic systems business, BAE Systems ( OTCPK:BAESY ) has agreed to buy Collins Aerospace's (NYSE: UTX ) Military Global Positioning System for $1.925B in cash, as well as Raytheon's (NYSE: RTN ) Airborne Tactical Radios division for $275M. More news on: BAE S...
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WASHINGTON , Jan. 15, 2020 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with Student Veterans of America, is offering two U.S. Navy student veterans $10,000 each in scholarships under a new program announced during the Surface Navy Association's 32nd National Sympos...
WASHINGTON , Jan. 15, 2020 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered its 10 th AN/AQS-20C minehunting sonar system to the U.S. Navy. The sonar-towed body was officially transferred to the Naval Surface Warfare Center, Panama City Division. The system – which is t...
Raytheon ( RTN +0.1% ) says it was selected by the Federal Aviation Administration to improve usability and cut operational costs for the Standard Terminal Automation Replacement System; financial terms are not disclosed. More news on: Raytheon Company, Read more ...
DULLES, Va. , Jan. 14, 2020 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was selected by the Federal Aviation Administration to improve the usability and reduce operational costs for the Standard Terminal Automation Replacement System. The modernization of STARS is critical ...
WASHINGTON , Jan. 14, 2020 /PRNewswire/ -- Raytheon Company (NYSE: RTN) 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 p...
Shares in space, intelligence, and defense company Raytheon (NYSE: RTN) soared 43.3% in 2019, according to data provided by S&P Global Market Intelligence . Besides excellent execution by the company, the market has warmed to the idea of the upcoming merger with the aerospace business...
Shares in industrial conglomerate United Technologies (NYSE: UTX) rose 40.6% in 2019, according to data provided by S&P Global Market Intelligence . There are two reasons for the increase: operational performance and the announcement of a deal to merge the aerospace business (Pratt &...
CAMBRIDGE, Mass. , Jan. 13, 2020 /PRNewswire/ -- Raytheon (NYSE: RTN) is developing a machine learning technology under a $6 million contract from the Defense Advanced Research Projects Agency for the Competency Aware Machine Learning program. Systems will be able to communicat...
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Two more Nordic countries are now expected to join the North Atlantic Treaty Organization. The real winners are American defense companies, suggests growth stock expert Jon Markman, editor of Strategic Advantage. For further details see: A Strategic Advantage in Defense
In this clip from "Wheeling & Dealing" on Motley Fool Live , recorded on Feb. 4 , Motley Fool contributor Lou Whiteman discusses the aerospace giant's bid to buy Aerojet Rocketdyne (NYSE: AJRD) for $4.4 billion and shares why now might not be the time to buy. ...
There’s a groundswell of interest for threat detection technology. All with millions of us forced to be on guard at all times with civil unrest in the streets of America, constant threats of terror, fears of the pandemic. Yet, many of us are greatly unaware of the threats all around ...