|Day's Range||5.20 - 5.25|
Sales of U.S. military equipment to foreign governments fell slightly in the fiscal year ended Sept. 30 to $55.4 billion from $55.6 billion a year earlier, a U.S. official said on Tuesday. Looser restrictions on sales under the Trump administration had increased foreign military sales by 33 percent from 2017 to 2018. The Trump administration rolled out a new “Buy American” plan in 2018 that had relaxed restrictions on sales while encouraging U.S. officials to take a bigger role in increasing business overseas for the U.S. weapons industry.
WALTHAM, Mass. , Oct. 15, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will issue its third quarter 2019 earnings news release at 7 a.m. EDT Thursday, Oct. 24, 2019 . The release will be posted on ...
Team will offer advanced ISTAR system tailored to ROKAF mission SEOUL, South Korea , Oct. 15, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Korean Air signed an exclusive collaboration agreement ...
Lockheed Martin looks to build on existing ballistic missile defense systems to counter the emerging hypersonic missile threat.
United Technologies' (UTX) merger with Raytheon is likely to generate in excess of $1 billion in gross annual run-rate cost synergies by the fourth year of completion of the deal.
Raytheon's (RTN) shares rise after shareholders approve for its merger with United Technologies. The merger is expected generate a conglomerate worth $121 million.
Economists Say Spend $2 Trillion to Combat Next Recession In another sign that economics as the study of scarcity and choice has completely lost its way, economists, whose title suggests that they study scarcity and choice and the art of economizing resources, are in general agreement, according to Reuters, that in order to save the […]The post Market Morning: Economists Say Spend More, Viagra For Leukemia, Aerospace Mergers appeared first on Market Exclusive.
Drones and drone defense systems will soon become two of the defense industry's most profitable products, notes international expert Jim Powell, editor of Global Changes & Opportunities Report.
The Pentagon will deploy more weapons and troops to Saudi Arabia, including Lockheed Martin and Raytheon missile defense systems.
Shareholders OK'd the United Technologies and Raytheon "merger of equals." UTX stock, Raytheon stock rose. Regulators must OK the aerospace and defense giant.
WALTHAM, Mass. and FARMINGTON, Conn., Oct. 11, 2019 /PRNewswire/ -- Raytheon Company (RTN) and United Technologies Corp. (UTX) announced that, at their respective special meetings of shareowners held today, Raytheon and United Technologies shareowners voted overwhelmingly to approve all of the proposals necessary to complete the merger of equals transaction combining United Technologies' aerospace businesses, comprised of Collins Aerospace and Pratt & Whitney, with Raytheon. The merger would create Raytheon Technologies Corporation, a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defense. The transaction is expected to close in the first half of 2020, subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals, as well as completion by United Technologies of the separation of its Otis and Carrier businesses.
How do we determine whether Raytheon Company (NYSE:RTN) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows that […]
DULLES, Va., Oct. 8, 2019 /PRNewswire/ -- Raytheon Company (RTN) will develop new space systems and flight software, and provide engineering, training and operations support for NASA's Jet Propulsion Laboratory, managed by Caltech, under a five-year, $150 million contract. "JPL's pioneering spacecraft and rovers have led to groundbreaking discoveries of our solar system and beyond," said Dave Wajsgras, president of Raytheon Intelligence, Information and Services. Work on the new contract is expected to begin in October, though Raytheon has supported JPL since the 1960s, when the company developed the Mars Infrared Radiometer for the Mariner missions.
Teaser: With Ukraine and Russia on loggerheads for long, analysts are skeptical that the sale of Javelin weapons to the former might enrage the latter. This in turn, may retaliate against the United States
The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon and U.S. allies around the world.
INDIANAPOLIS, Oct. 7, 2019 /PRNewswire/ -- Raytheon Company (RTN) received a $48 million engineering services contract to support the integration and qualification of hand-held devices into platform-mounted WiFi systems secured up to secret. Loaded with situational awareness and mission planning applications, the mobile devices will improve air-to-ground communication between combat teams, enhancing situational awareness as the mission unfolds. "We're helping aircrews and ground forces better communicate and collaborate in real time on the battlefield," said Matt Gilligan, vice president at Raytheon's Intelligence, Information and Services business.
The company works as an aerospace and defense subcontractor to larger businesses such as the Boeing Co., Northrop Grumman Corp., Honeywell International Inc. and Raytheon Co.