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Raytheon Co

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  • Midday Glance: Aerospace companies Friday, 8 Aug 2014 | 1:51 PM ET

    Boeing fell$. 31 or. 3 percent, to $119.53. Lockheed Martin Corp. rose $1.85 or 1.1 percent, to $164.80. Northrop Grumman Corp. rose $1.33 or 1.1 percent, to $121.63.

  • Early Glance: Aerospace companies Friday, 8 Aug 2014 | 10:51 AM ET

    Boeing fell$. 22 or. 2 percent, to $119.62. Lockheed Martin Corp. rose$. 98 or. 6 percent, to $163.93. Northrop Grumman Corp. rose$. 75 or. 6 percent, to $121.05.

  • July 24- U.S. weapons maker Raytheon Co reported a 13 percent rise in second-quarter profit, helped by cost cutting and favorable pension adjustments, and maintained its full-year forecast. Raytheon has been expanding its presence in Europe, Asia and the Middle East and beefing up its global supply chain in the face of tightening U.S. defense budget.

  • Raytheon posts 13 pct profit rise, maintains outlook Thursday, 24 Jul 2014 | 7:03 AM ET

    July 24- U.S. weapons maker Raytheon Co reported a 13 percent rise in second-quarter profit due to favorable pension adjustments and the company maintained its full-year forecast. Net income attributable to Raytheon shareholders rose to $551 million, or $1.76 per share, from $488 million, or $1.50 per share, a year earlier.

  • FARNBOROUGH, England, July 17- Traditionally companies which have guarded their secrets closely, arms makers are opening up to partnerships and technology sharing to meet the demands of overseas buyers they need to offset budget cuts at home.

  • FARNBOROUGH, England, July 14- Raytheon Co, maker of Patriot missiles and a range of other defense electronics, expects international sales to expand to 30 percent of its revenue in 2014, up from 27 percent last year, Chief Executive Tom Kennedy said in an interview.

  • FANRBOROUGH, England, July 14- Britain's Ministry of Defense said its Sentinel program would remain in service until 2018, giving the country three more years of the surveillance aircraft capability which it recently used in Nigeria to help look for 200 missing schoolgirls.

  • FANRBOROUGH, England, July 14- Raytheon Co, the U.S. maker of radar, missiles and other defense electronics, said it would support the British government's plan to extend the lifetime of its Sentinel surveillance capability by three years.

  • FARNBOROUGH, England, July 14- Raytheon Co, maker of Patriot missiles and a range of other defense electronics, expects international sales to expand to 30 percent of its revenues in 2014, up from 27 percent last year, Chief Executive Tom Kennedy said in an interview.

  • RAYTHEON CEO SAYS COMPANY AIMS TO BOOST INTERNATIONAL SALES BEYOND 30 PCT.

  • RAYTHEON CEO SAYS INTERNATIONAL SALES TO RISE TO 30 PCT OF REVENUES IN 2014 FROM 27 PCT LAST YEAR.

  • TOKYO, July 3- Japan's Mitsubishi Electric has agreed to take the first step towards a partnership with European missile maker MBDA to develop a medium-range air-to-air missile for the F-35 stealth fighter, two people with knowledge of the matter said.

  • July 1- Buyout firm Berkshire Partners LLC is in advanced talks to acquire Portillo's Restaurant Group, the largest privately owned restaurant chain in the U.S. Berkshire Partners has outbid other private equity firms for the Chicago- based restaurant group, the sources said on Tuesday.

  • WASHINGTON, June 30- The U.S. government on Monday published another big batch of changes to export control laws affecting military electronics, and said it was on track to finish reviewing remaining categories for possible streamlining by the end of the year.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defense industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • WASHINGTON, June 24- Sunday's successful intercept test of the U.S. missile defense system will allow the Pentagon's Missile Defense Agency to buy 14 more ground-based interceptors as planned, the Defense Department's top financial official told Reuters on Tuesday.

  • WASHINGTON, June 23- Raytheon Co on Monday said it expects to soon resume production of an updated warhead, or "kill vehicle," used for U.S. homeland missile defense after the system successfully intercepted a dummy target over the Pacific.

  • Ground-Based Midcourse Defense weapons system designed to destroy incoming ballistic missiles launched by North Korea or Iran. The Pentagon's Missile Defense Agency has 30 ground-based interceptors at military bases in California and Alaska.