GO
Loading...

Enter multiple symbols separated by commas

Raytheon Co

More

  • SCHROBENHAUSEN, Germany, June 25- The German armed forces want to order between 8 and 10 units of the MEADS air and missile defence system for the time being, the managing director of manufacturer MBDA Deutschland GmbH said on Thursday. Germany said this month it would buy the MEADS system from Europe's MBDA and Lockheed Martin Corp instead of an updated Patriot...

  • Overcapacity stifling Europe's defence industry Monday, 22 Jun 2015 | 9:55 AM ET

    *Europe remains hampered by defence market overcapacity. PARIS/ BRUSSELS, June 22- Europe's politicians need to put aside national pride and security sensitivities and let the defence industry tackle the overcapacity that has led to competing production of tanks and fighter jets, executives and EU officials say. But Europe has failed to follow the example of...

  • Overcapacity stifling Europe's defense industry Monday, 22 Jun 2015 | 9:55 AM ET

    *Europe remains hampered by defense market overcapacity. PARIS/ BRUSSELS, June 22- Europe's politicians need to put aside national pride and security sensitivities and let the defense industry tackle the overcapacity that has led to competing production of tanks and fighter jets, executives and EU officials say. But Europe has failed to follow the example of...

  • Noodles president to become Portillo's 2nd CEO Monday, 22 Jun 2015 | 8:22 AM ET

    BROOMFIELD, Colo.— The president of the Noodles& Co. restaurants is leaving to take over the top job at Portillo's, a Chicago- area burger and hot dog chain. Keith Kinsey, who is also Noodles chief operating officer, would be only the second CEO at Portillo's Restaurant Group after Dick Portillo, who founded the area mainstay 52 years ago. Noodles& Co., based in...

  • PARIS, June 16- Lockheed Martin Corp announced on Tuesday that it will team with Raytheon Co and Canadian planemaker Bombardier to develop a new surveillance and command and control aircraft for a future U.S. Air Force competition. Northrop and Boeing Co have also said they plan to compete for the contract when the Air Force launches a competition in the coming...

  • WASHINGTON, June 9- The State Department notified Congress on Tuesday that it has approved potential arms deals worth nearly $2.4 billion with South Korea and Lebanon, including three Aegis Shipboard Combat Systems for Seoul and six close air support planes for Beirut. The two separate notifications were to advise Congress of potential sales but do not mean...

  • WASHINGTON, June 9- Germany said on Tuesday it will buy the MEADS air and missile defense system from Europe's MBDA and Lockheed Martin Corp instead of an updated Patriot system offered by Raytheon Co, but said the companies would have to meet demanding performance milestones to retain the contract. Germany funded a quarter of the $4 billion invested by it, the...

  • WASHINGTON, June 7- The United States and Japan announced on Sunday the first live-fire test of Raytheon Co's new Standard Missile-3 Block IIA missile that is being jointly developed by the two countries for several billion dollars. Rick Lehner, spokesman for the U.S. Missile Defense Agency, said the test conducted on Saturday from the Point Mugu Sea Range off...

  • WASHINGTON, June 7- The United States and Japan on Sunday announced the first live fire test of Raytheon Co's new Standard Missile-3 Block IIA missile that is being jointly developed by the two countries for a combined cost of around $2 billion. Rick Lehner, spokesman for the U.S. Missile Defense Agency, said the test conducted on Saturday from the Point Mugu Sea...

  • BERLIN, May 15- Germany's defense ministry has decided to buy MEADS, a successor to the Patriot missile defense system developed by European defense group MBDA and U.S. weapons maker Lockheed Martin Corp, German newspaper Sueddeutsche Zeitung reported on Friday. The newspaper, which did not identify its sources, said the Lockheed-lead MEADS consortium had...

  • BERLIN, May 15- Germany's defense ministry has decided to buy MEADS, the successor to the Patriot missile defense system from the firm MBDA, German newspaper Sueddeutsche Zeitung reported on Friday. The newspaper, which did not identify its sources, said MBDA, along with U.S. firm Lockheed Martin, would make the MEADS system ready for series production.

  • WASHINGTON, May 13- The U.S. Air Force on Wednesday said it would re-evaluate bids received in a $1 billion long-range radar competition after a federal court dismissed a Raytheon Co lawsuit that sought to halt a fresh look at the bidders of its losing rivals Northrop Grumman Corp and Lockheed Martin Corp.. The companies on Tuesday said the U.S. Court of Federal...

  • WASHINGTON, May 13- The U.S. Air Force on Wednesday said it would immediately reevaluate bids received in a long-range radar competition after a federal court dismissed a lawsuit filed by Raytheon Co that was aimed at staving off protests filed by losing bidders Northrop Grumman Corp and Lockheed Martin Corp.. "The court's ruling... frees us to continue moving...

  • WASHINGTON, May 12- A federal judge has dismissed a lawsuit filed by Raytheon Co, freeing the U.S. Air Force to re-evaluate bids it got for a new long-range radar won by Raytheon but challenged by rivals Lockheed Martin Corp and Northrop Grumman Corp, Lockheed said in a statement. The decision marks a setback for Raytheon, which hopes to hold on to a contract that...

  • April 23- U.S. weapons maker Raytheon Co's chief financial officer said he was "really excited" about the strength of international orders, after the maker of Tomahawk and Amraam missiles reported better-than-expected quarterly sales on Thursday. Raytheon's bookings rose 4.1 percent in the first quarter, partly due to a $769 million order for its Patriot...

  • Raytheon sales fall amid weak U.S. defense spending Thursday, 23 Apr 2015 | 7:06 AM ET

    April 23- U.S. weapons maker Raytheon Co, the maker of Tomahawk and Amraam missiles, reported a 4 percent fall in quarterly sales as U.S. defense spending remained weak. Net income attributable to Raytheon fell to $551 million, or $1.79 per share, in the first quarter ended March 29, from $596 million, or $1.89 per share a year earlier. Raytheon said on Monday that it...

  • *France says Poland to have key industrial role. WARSAW, April 21- Poland said on Tuesday it would buy Raytheon's Patriot missiles from the United States and provisionally selected French Airbus helicopters as it speeds up the modernisation of its military amid tensions with Russia. Poland, a NATO member since 1999, had accelerated the process to select a...

  • WARSAW, April 21- Poland said on Tuesday it would buy Raytheon's Patriot missiles from the United States and chose Europe's Airbus utility helicopters for further tests, albeit reducing the size of this potential order. "The government has accepted Defence Minister Tomasz Siemoniak's recommendation on awarding the order of Patriot sets... to the government of...

  • *Gazeta Wyborcza daily reports Raytheon won $5 bln tender. WARSAW, April 21- Poland looks set to award a total of $8 billion in military contracts to Raytheon of the United States and Europe's Airbus, local media and industry sources said on Tuesday, striking a transatlantic balance as it faces rising tensions with Russia. And in what seems likely to be its biggest...

  • Early movers: DD, UTX, TRV, UA, HOG, VZ & more Tuesday, 21 Apr 2015 | 8:01 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.