Raytheon delivers second Phalanx Block 1B for Australia’s Air Warfare Destroyer (StockHouse)
Raytheon Company (NYSE:RTN) delivered the second Phalanx Block 1B Close-In Weapon System for installation on Australia’s newest Air Warfare Destroyer, the Brisbane. A previously awarded direct commercial sale contract calls for a total of three Phalanx mounts to be delivered to the Royal Australian Navy. The first mount was delivered in late 2012 for installation aboard the Hobart. A third system is under construction and will be installed on the Sydney in 2014. “These Phalanx systems will give the Royal Australian Navy the most advanced ship self-defense capability available worldwide,” said Rick Nelson, vice president of Raytheon Missile Systems’ Naval and Area Mission Defense product line. “Thanks to recent engineering changes, we have improved the system’s reliability, added capability and greatly improved the sailor-to-machine interface in order to defeat extended-range air and surface threats.”
Industrial Goods Sector’s Volume Actives – Textron Inc. (NYSE:TXT), Raytheon Company (NYSE:RTN). (NetPRNews)
AnotherWinningTrade.com delivers quality trading ideas for the elite investor that has the financial wherewithal and market nimbleness to profit on small moves in a stock’s price. Become a member and you will be provided with real-time alerts intended to provide you with the opportunity to make profitable trades. To receive our FREE, comprehensive newsletter, visit AnotherWinningTrade.com. …Aerospace Defense Major Diversified Industry of the Industrial Goods Sector is under review, as its stocks were gaining high volume during previous trade. Textron Inc. (NYSE:TXT) remained a top volume stock in its industry and was showing a negative trend during the previous trading session and Raytheon Company (NYSE:RTN) gained attention of investors and it was showing bearish movement during previous trade.
Raytheon Company to release first quarter results on April 25, 2013 (PRNewsWire)
Raytheon Company (NYSE:RTN) will issue its first quarter 2013 earnings news release at 7 a.m. EDT Thursday, April 25, 2013. The release will be posted on the Raytheon home page. The first quarter 2013 earnings results conference call will be at 9 a.m. EDT Thursday, April 25, 2013. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be available on the website for printing prior to the call. Participants are urged to check the website ahead of time to ensure their computers are configured for the audio stream. Instructions for obtaining the required downloadable software are posted to the site.
Raytheon Company – RACR wins Republic of Korea F-16 radar upgrade competition (Avionics-Intelligence)
Raytheon Company (NYSE:RTN) announced today its Raytheon Advanced Combat Radar has been competitively selected by the Republic of Korea to upgrade the country’s KF-16C/D Block 52 Fighting Falcon fleet. ‘This win ensures the Republic of Korea’s KF-16 combat aircraft remain relevant in a constantly evolving threat environment and builds on our legacy of providing enhanced combat capabilities for global allied forces,’ said Rick Yuse, president of Raytheon Space and Airborne Systems. Subject to final definition by the United States Government, Raytheon will deliver 134 active electronically scanned array radar systems with deliveries anticipated to start in late 2016. The scope includes AESA radar development, production of test assets for the system design and development program, and production.
Raytheon Awarded $8.6 Million for AIM-9X Support in Saudi Arabia (US-Sabc)
Raytheon Company (NYSE:RTN)’s (Raytheon) Missile Systems division was awarded an $8.6 million (SR32.25 million) contract in addition to a previously awarded cost-plus-fixed-fee contract to service and support the Phase II AIM-9X System Improvement Program for the Saudi Government, the U.S. Air Force, and Navy. Raytheon is responsible for hardware and software development activities and implementation of security architecture requirements.
