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Stocks Raytheon Co

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  • ROCHESTER, N.Y.— Rochester, whose fortunes have risen and fallen with the demand for futuristic technologies from former powerhouses like Xerox and Kodak, is looking for its next big breakthrough in the field of integrated photonics, a light science with the potential to transform communications, medicine and national defense. "You've gone from making Brownie...

  • WASHINGTON, July 23- Lockheed Martin Corp has won $1.56 billion in new foreign orders for PAC-3 missiles used in the Patriot missile defense system built by Raytheon Co, the U.S. Defense Department said on Thursday. The Pentagon's Defense Security Cooperation Agency announced the possible sale of up to $1.75 billion in PAC-3 missiles and associated equipment...

  • How the Dow Jones industrial average fared on Thursday Thursday, 23 Jul 2015 | 5:13 PM ET

    U.S. stocks closed lower on Thursday for a third straight day as a number of big companies report disappointing financial results. Caterpillar and 3 M released weaker-than-expected earnings, pulling indexes lower. General Motors, Southwest Airlines and Raytheon bucked the downward trend, rising after announcing stronger results than analysts...

  • FRANKFURT, July 23- German defence group Rheinmetall and French peer Thales are among several groups interested in a defence electronics business that plane maker Airbus is selling in an effort to streamline its operations, sources familiar with the transaction said. The two companies as well as U.S.-based Raytheon and a number of private equity groups...

  • WASHINGTON, July 23- Raytheon Co posted higher-than-expected earnings and revenues for the second quarter, aided by strong international bookings and the favorable impact of a tax settlement, and the U.S. weapons maker lifted its revenue target for the full year. Raytheon, maker of the Patriot missile system, reported net earnings of $504 million from...

  • Raytheon tops Street 2Q forecasts Thursday, 23 Jul 2015 | 7:15 AM ET

    WALTHAM, Mass. _ Raytheon Co. on Thursday reported second-quarter profit of $505 million. Raytheon expects full-year earnings to be $6.47 to $6.62 per share, with revenue in the range of $22.7 billion to $23.2 billion. Raytheon shares have declined 10 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 3 percent.

  • DEALTALK-Spending cuts fuel government contractor M&A Wednesday, 22 Jul 2015 | 12:59 AM ET

    NEW YORK/ WASHINGTON, July 22- Companies that provide the U.S. government with services ranging from air traffic management and data analytics to janitors and trainers for military dolphins are increasingly trying to find buyers for those businesses as cuts in public spending erode profit margins. Showing growing impatience with a declining sector,...

  • *Japan naval officers held meeting with NATO in May. *U.S. sees Japan leading multinational defence projects in Asia. TOKYO, July 10- Japan is interested in joining a NATO missile building consortium that would give Tokyo its first taste of a multinational defence project, a move the U.S. Navy is encouraging because it could pave the way for Japan to lead similar...

  • 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...

  • 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...