Raytheon Co


  • Lockheed Martin challenges contract to Raytheon Wednesday, 22 Oct 2014 | 1:42 PM ET

    WASHINGTON, Oct 22- Lockheed Martin Corp on Wednesday said it had filed a formal protest with the U.S. Government Accountability Office challenging the U.S. Air Force's decision to pick Raytheon Co to develop a new long-range radar. Lockheed's move follows a similar protest filed on Tuesday by Northrop Grumman Corp..

  • General Dynamics Corp shares were up 3 percent at $127.60 in early afternoon after the maker of tanks, ships and business jets reported that quarterly net profit rose 6.4 percent to $694 million, or $2.05 per share, and raised its earnings forecast by 25 cents a share. Northrop posted a 5 percent drop in net earnings to $473 million, or $2.26 per share, from $497...

  • Raytheon beat out Northrop and Lockheed Martin Corp to develop a replacement for the Air Force's current TPS-75 radar, which has been in service since the late 1960 s. Raytheon said it would work closely with the Air Force to mitigate any resulting delays once the issue was resolved. "The Air Force ran a very tough but very fair competition, and selected the world...

  • WASHINGTON, Oct 14- In a victory for animal rights activists, the U.S. Supreme Court on Tuesday allowed California to continue to ban foie gras, a delicacy produced from the enlarged livers of ducks and geese that have been force-fed corn. In doing so, the high court left intact an August 2013 ruling by the 9th U.S. Circuit Court of Appeals upholding the law.

  • Technology's women problem and how to fix it Wednesday, 8 Oct 2014 | 12:21 PM ET
    Clara Shih

    Diversity data from tech and Internet companies like Apple and Twitter show women are heavily underrepresented.

  • WASHINGTON, Oct 7- Raytheon Co expects Qatar and the U.S. government to complete a long-awaited multibillion-dollar agreement on a "significant" number of Patriot missile defense systems before year end, a senior company official told Reuters on Tuesday. Former Raytheon Chief Executive Bill Swanson had told analysts in January that he expected Qatar to...

  • WASHINGTON, Oct 6- Raytheon Co beat out Lockheed Martin Corp and Northrop Grumman Corp for a contract to build a next-generation long-range radar system for the U.S. Air Force, the U.S. Defense Department said on Monday. The award marks another significant win for Raytheon in the radar market, a deal valued at around $1 billion, and kicks off the next phase of a...

  • WASHINGTON, Oct 6- Raytheon Co beat out Lockheed Martin Corp and Northrop Grumman Corp for a contract to build a next-generation long-range radar system for the U.S. Air Force, the U.S. Defense Department said Monday. The initial $19.5 million contract, which runs through Oct. 31, 2018, will cover Raytheon's continued work on the Three-Dimensional Expeditionary...

  • *Israel was hoping to sell successful rocket system abroad. CARMIEL, Israel, Oct 6- Normally, an advanced new weapon system with a battle-proven success rate of 90 percent would have global defence procurement agencies on the phone in minutes. And Israel further curbs its potential client pool by not selling to countries with which it has no diplomatic ties-...

  • Vietnam to US: Sell us some weapons, please Thursday, 2 Oct 2014 | 2:50 PM ET
    P-3 Orion aircraft

    The U.S. lifted an arms embargo against its old enemy. But that doesn't mean U.S.-made weapons will sell there.

  • WASHINGTON, Oct 1- The U.S. Air Force is close to announcing the winner of a three-way competition between Lockheed Martin Corp, Raytheon Co and Northrop Grumman Corp to build the next generation of long-range radars, senior military officials said. One source familiar with the process said Frank Kendall, the Pentagon's chief arms buyer, had approved the Air...

  • WASHINGTON, Oct 1- The U.S. State Department has approved a $1.75 billion sale to Saudi Arabia to upgrade its Patriot air defense system with PAC-3 missiles, a deal that would benefit Lockheed Martin Corp and Raytheon Co, the Pentagon said Wednesday.

  • Kendall is the top U.S. official working on the joint Defense Trade and Technology Initiative with India that has identified 17 specific defense projects.

  • Sept 30- Bill Gross's sudden departure from Pimco and the Total Return Fund he ran for 27 years was the last straw for Jim Phillips, president of Retirement Resources, a Peabody, Massachusetts- based firm that advises 401 plans with $50 million to $100 million in assets.

  • Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.

  • WASHINGTON, Sept 10- The U.S. government is continuing to advocate for the Patriot missile defense system offered by Raytheon Co and Lockheed Martin Corp in a Turkish tender after Turkey cited disagreements with the Chinese firm that initially won the bid, a senior U.S. official said on Wednesday.

  • Cramer's top defense industry stocks Wednesday, 10 Sep 2014 | 3:15 PM ET
    Jim Cramer

    Turning his attention to the industrial goods sector, CNBC's Jim Cramer revealed his favorite stocks in the defense industry now.

  • Early movers: HD, AAPL, MCD, DHI, RL, T, BA & more Tuesday, 9 Sep 2014 | 7:58 AM ET
    Traders on the floor of the New York Stock Exchange.

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

  • WASHINGTON, Sept 8- The Pentagon's internal watchdog on Monday said it found numerous quality control problems during an investigation of the troubled "kill vehicle", or warhead, built by Raytheon Co for the Boeing Co- led U.S. missile defense system.

  • Nimble? Cramer spots 3 opportunities by Wednesday Monday, 8 Sep 2014 | 6:30 PM ET

    If you can move quickly, Jim Cramer thinks you should.