Raytheon Missile Systems Establishes Air and Missile Defense Systems Product Line
Raytheon Missile Systems Establishes Air and Missile Defense Systems Product LineMarch 17, 2010
WASHINGTON, -- Raytheon Company's (NYSE: RTN) Missile Systems business has established a missile defense product line. Already a world leader in missile defense, the company's new Air and Missile Defense Systems product line will create even greater alignment with its Missile Defense Agency customer.
"Missile defense is a major component of the company's portfolio," said Dr. Taylor W. Lawrence, Raytheon Missile Systems president. "With a broad array of products and solutions, Raytheon is ideally positioned to meet present and emerging missile defense requirements."
The Air and Missile Defense Systems product line includes proven RMS missile defense programs such as Standard Missile-3, Exoatmospheric Kill Vehicle and development programs such as the Network Centric Airborne Defense Element.
"This move positions us for greater customer and mission focus, which will lead to even higher quality and execution," added Lawrence.
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Raytheon’s Excalibur Ib Demonstrates Accuracy During First Guided-Flight Tests
Raytheon's Excalibur Ib Demonstrates Accuracy During First Guided-Flight TestsJuly 6, 2009
YUMA PROVING GROUND, Ariz., -- Raytheon Company (NYSE: RTN) fired two precision-guided projectiles from a Paladin gun system during the first guided flight test of the Raytheon Excalibur Ib program.
The Excalibur Ib is a precision-guided artillery projectile based on Raytheon's combat-proven Excalibur 1a. The tests demonstrated how the new base design, changes to the Excalibur Ia warhead, fuzing and control actuation system work together to simplify the design, reducing round production costs and increasing system reliability.
The rounds, with Raytheon's new fixed-base design, software, and Excalibur Ia guidance and control section, exited perfectly from the gun tube, demonstrating correct fin erection and stable flight.
"Our robust and well thought out test program has achieved more than 50 successful test firings in less than a year," said Kevin Matthies, Raytheon's Excalibur Ib program director. "The Raytheon Excalibur Ib team continues to demonstrate the success of Raytheon's increased reliability design."
Raytheon's Excalibur Ib features a titanium base, uses fewer parts and requires simpler manufacturing than Excalibur Ia. Excalibur Ib is expected to reach full-rate production in 2016.
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EADS-NA Says Not Comfortable Priming KC-X Contract
Filed under: Alabama, EADS, General Dynamics, KC-X, KC-X Tanker News, Lockheed Martin, Northrop Grumman Corp., Raytheon, Syndicated Industry News
Aviation Week is reporting that EADS-North America felt it needed an partner on the KC-X contract as it was not comfortable being the prime for such a large effort. While EADS has experienced some decent growth in the U.S. it still has a fairly lean organization.
The company was confident that they could provide to Northrop the basic airframes on cost and schedule. Northrop would have then been responsible for the necessary military modifications. EADS would have had to find a partner in General Dynamics, Raytheon or Lockheed Martin. There would be few large contractors available in the U.S. with the past experience to support a contract of this size.
U.A.E. PATRIOT Contract Spillover
Filed under: Companies, Contract Awards, Countries, Raytheon, UAE, missile defense, production program
It has been reported that as part of Raytheon’s contract to build PATRIOT air and missile defense systems for the United Arab Emirates (U.A.E.) a contract was awarded to Beckwood Services of New Hampshire. The manufacturer of sub-components for electrical mechanical systems will have to grow its work force to support this contract.
U.A.E. signed last year a big deal for PATRIOT and THAAD systems to provide defense of itself. The presumed threat is Iran which has been investing in short ranged ballistic missiles. U.A.E. has been investing billions on its military
Raytheon Executives to Speak at Barclays Capital’s Industrial Select Conference
Raytheon Executives to Speak at Barclays Capital's Industrial Select ConferenceFebruary 8, 2010
WALTHAM, Mass., Feb. 8, 2010 -- Raytheon Company (NYSE: RTN) announced today that William H. Swanson, Raytheon chairman and chief executive officer, and David C. Wajsgras, Raytheon senior vice president and chief financial officer, will speak at Barclays Capital's Industrial Select Conference on Wednesday, February 17, 2010. Their presentation is scheduled to start at 8:50 a.m. ET.
Swanson's and Wajsgras' remarks will be audiocast live (listen-only mode) through the Raytheon web site, http://www.raytheon.com/ir. A replay will be available through the Raytheon web site approximately 1 hour after the conclusion of the live audiocast and will remain available for seven days following the conference. No charts will be used.
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Army Awards DCGS Support Contract
Filed under: Business Line, Companies, Contract Awards, Events, IT, Raytheon, Services, States, Texas, Textron, U.S. Army, development program, logistics, production program
Overwatch an operating unit of Textron Inc. (TXT) was awarded a contract by the U.S. Army to support the Distributed Common Ground System (DCGS)-Army system. DCGS is a product of Raytheon (RTN) that allows the distribution of a variety of intelligence material. The DCGS-Army as it sounds is the system in use by the Army at their ground facilities to support their operations.
Overwatch received a contract that will be worth over $48 million if all options are exercised to provide software development and training. The software is used to develop and support applications on the DCGS. Overwatch has been doing this kind of work for U.S. and other countries military since the early 1990. It was acquired by Textron in 2006.
U.S. Air Force Continues To Buy Paveway Guidance Systems
Filed under: Business Line, Companies, Contract Awards, Events, Military Aviation, Raytheon, Services, States, U.S. Air Force, production program
The Paveway is a kit that converts an iron bomb into a laser guided one. They are not powered but use aerodynamic controls and a sensor kit to guide the bomb to where a laser is pointing. This laser may be ground or air based. With the development of the Joint Direct Attack Munition (JDAM) GPS guided system laser bombs have been used less but Paveways are still being produced and available for service in Iraq and Afghanistan.
Raytheon was awarded a contract last week to build another 750 kits to convert bombs with the Paveway kit. This is the full amount of the contract so it may be this will see the winding down of production. JDAM have the advantage of not requiring a designator as the coordinates are loaded into the weapon and by using GPS satellites it guides itself to them.
U.S. Air Force and MDA To Net Sensors
Raytheon was awarded a contract last week to begin prototype development of an architecture to integrate U.S. Air Force and Missile Defense Agency (MDA) sensors. The contract is only worth $3 million so this idea is only at the very beginning of development. The Air Force operates the strategic space sensors for the United States. MDA has invested in a series of radars and other systems based on sea and land to support their mission. From the sound of it this contract is to see if a system may be built that integrates data from both sets of sensors and displays them together.
This capability exists already but it may not be in one system and may require some interface between humans. This will aid in sorting out targets and perhaps even if it works out get good enough data to support fire control solutions. Of course like with many of these kind of development programs it may prove hard to do.
Lockheed Martin To Get Billion Dollar Contract To Support AEGIS Radar Engineering
Filed under: Business Line, Companies, Contract Awards, Events, Lockheed Martin, MDA, Raytheon, S&T, Services, U.S. Navy, development program, missile defense, production program
The AEGIS air defense system started development forty years ago and has been in service with the U.S. Navy for about thirty on cruisers and destroyers. It is an integrated system of radars, software, missiles and vertical and rail launchers. The company that originally developed the radar was RCA but through acquisition and mergers it is now Lockheed Martin. The work on the radar has always been centered around Moorestown, NJ.
The system was originally for air defense but since the Nineties the Navy has been modifying it to support ballistic missile defense operations by creating the SM-3 missile. The SM-2 is the primary air defense missile currently in use. Raytheon makes the missile for the Navy. Lockheed was awarded a $1 billion contract to provide development work, engineering services and support to the missile defense part of the program last week. This contract is from the Missile Defense Agency (MDA) and not the Navy. The Obama Administration has focused on this naval system over the long range ground based systems and this indicates that commitment.
Raytheon explores 360-degree sensors
MCKINNEY, Texas, Oct. 8 (UPI) -- Raytheon Co. received a $13 million contract from the U.S. Army to develop sensor prototypes to give helicopter pilots 360 degrees of situational awareness.
Raytheon contracted for U.S. Army training
RESTON, Va., Oct. 5 (UPI) -- The U.S. Army awarded Raytheon Co. a $44 million contract to maintain an advanced combat training program for U.S. and international forces in Kuwait.
Raytheon Sells Encryption Gear To USAF
Filed under: Business Line, Companies, Contract Awards, Events, IT, Military Aviation, Raytheon, Services, U.S. Air Force, logistics, production program
The United States Air Force (USAF) awarded Raytheon a contract to supply KIV-77 encryption equipment. This contract will be worth about $100 million if all parts are exercised. The KIV-77 is used as part of aircraft transponder equipment to help Identify Friend or Foe (IFF).
IFF is required so that friendly air defense systems can identify whether the aircraft is hostile or not. All military and commercial aircraft and many civil ones have transponder systems for air traffic control. Military ones take it further to provide a secure way of carrying out IFF. The IFF has to be protected by encryption so that an enemy can not spoof it.
Computer system deters fratricide
MARLBOROUGH, Mass., Oct. 2 (UPI) -- Raytheon Co. announced it was awarded a contract by the U.S. Air Force to improve combat identification computers to distinguish between friend and foe.
Raytheon unveils IED training platform
WASHINGTON, Oct. 1 (UPI) -- Raytheon Co. announced plans to unveil in Washington a new training platform for real-time simulation of an improvised explosive device.
Raytheon debuts mobile intelligence system
GARLAND, Texas, Sept. 30 (UPI) -- Upgrades to a collection and dissemination system for the U.S. military offer soldiers a self-contained intelligence platform, the Raytheon Co. announced.
Raytheon enhances GPS for war fighters
EL SEGUNDO, Calif., Sept. 24 (UPI) -- New technology in satellite military code tracking developed by Raytheon Co. contributes to advancements in GPS systems for war fighters, the company said.
Raytheon achieves CMMI level 5
TUCSON, Sept. 24 (UPI) -- An audit team awarded Raytheon Missile Systems its highest ranking under a process improvement metric, the U.S. company announced.
Raytheon radar system gets designation
EL SEGUNDO, Calif., Sept. 21 (UPI) -- The U.S. Air Force has given a new designation to Raytheon's radar technology integrated in the Boeing-made F-15E Strike Eagle fighter aircraft.
Raytheon, EAI have successful Talon test
YUMA PROVING GROUND, Ariz., Sept. 14 (UPI) -- Raytheon announced its rocket development agreement with Emirates Advanced Investments has successfully conducted a guided test flight in Arizona.
Raytheon picks Intracom for UAE Patriot
ABU DHABI, United Arab Emirates, Sept. 14 (UPI) -- Raytheon has picked Greece's biggest defense electronic system manufacturer as its key supplier for the ambitious Patriot program in the United Arab Emirates.
Raytheon picks Intracom for UAE Patriot
ABU DHABI, United Arab Emirates, Sept. 14 (UPI) -- Raytheon has picked Greece's biggest defense electronic system manufacturer as its key supplier for the ambitious Patriot program in the United Arab Emirates.
Selling Overseas To Make Up For Coming U.S. Defense Cuts
Filed under: Arizona, Bell, Brazil, Business Line, Companies, Congress, Countries, Department of Defense, Events, Federal Budget Process, India, Qatar, Raytheon, Restructuring, Services, States, UAE, development program, logistics, missile defense, production program
Arizona is a top beneficiary of defense dollars. This is primarily due to Raytheon and Bell activities in the state. Raytheon makes missile defense systems and Bell helicopters. Now with the possibility that Obama’s cuts to the defense budgets starting in 2010 and out the companies there are looking overseas for work.
Unfortunately this will be the business plan for all defense contractors if their is a significant contraction in U.S. defense spending. The focus will be on selling systems and support to Asian, South American and Middle Eastern companies. India, Brazil, the U.A.E. and Qatar have already made major investments in U.S. and European equipment and there are several major contracts coming. In 2008 the U.S. already captured two-thirds of the market but overall purchases were the lowest they had been since 2005. If this trend continues due to the global downturn in the economy there may be less opportunity for these sort of sales.
These trends may lead to further consolidation of the defense industry in the U.S. and abroad as domestic and foriegn markets may not be able to support the amount of business built up since 2001 primarily by the United States. This will be the most important factor facing the industry which has not seen this situation since the early Nineties and the end of the Reagan arms build-up.
Mavericks ordered for South Korea, Taiwan
TUCSON, Sept. 11 (UPI) -- Raytheon has received a contract to deliver its Maverick air-to-surface missiles to South Korea and Taiwan as part of a Foreign Military Sales award.
Recent Raytheon Acquistion BBN Awarded Army Contract
Filed under: BBN Technologies, Business Line, Companies, Contract Awards, Events, IT, Massachusetts, Raytheon, Services, States, U.S. Army, development program, logistics, production program
In a continuing program to improve the defenses of vehicles in Iraq and Afghanistan the U.S. Army awarded BBN Technologies a contract for another thousand Boomerang Shooter Detection Systems. The contract for these systems and their mounting kits is worth about twenty-two million dollars. The system has already been installed on vehicles and detects incoming fire and tries to determine the location of the enemy.
BBN Technologies was recently acquired by Raytheon. This is a major M&A event and one of several that occurred recently. As with the other ones it may indicate that there will be significant consolidation of the defense industry as the larger companies move to shore up revenue and earnings through M&A.
Raytheon launches new AN/SPY-5 radar
TEWKSBURY, Mass., Sept. 8 (UPI) -- U.S. company Raytheon announced the launch of a new radar designed to support naval vessels with next-generation enemy threat search and detection capabilities.
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