Tag: NYSE: RTN

The Raytheon Company announced it has been selected to provide the US Army with its next-generation, 360-degree capable radar – known as the Lower Tier Air and Missile Defense Sensor (LTAMDS). Deployment of sensors like LTAMDS is expected to close the vulnerability of sectorial air defenses that was clearly demonstrated in the failure of Saudi Arabian air defenses to detect and warn of the Iranian cruise missile attack.

Raytheon Company announced today it is developing a new medium-range, air-launched weapon called the Peregrine missile, that is half the size and cost of today's AMRAAM air-to-air missiles, yet delivers greater effect.

The Raytheon Company and Swedish aerospace and defense firm Saab are developing a guided munition for the Carl-Gustaf man-portable, shoulder-launched weapon system under a U.S. Army contract. The munition answers a U.S. Special Operations Command requirement to increase the capability of the multirole Carl-Gustaf weapon system. It is intended to enable ground troops to engage multiple targets precisely at distances up to 2,000 meters, including moving targets.

The Raytheon Company and Dynetics are both developing laser weapon prototypes that will utilize 100 kW class laser weapons. One of the prototypes will be tested by the Army in 2022. Each company received $10 million from the U.S. Army recently, to build a High Energy Laser Tactical Vehicle Demonstrator (HEL TVD) prototype based on the Army Oshkosh tactical FMTV truck.

Lockheed Martin selected Raytheon to develop and deliver the next generation Distributed Aperture System (DAS) for the F-35 fighter jet. The Raytheon-built DAS will be integrated into F-35 aircraft starting with Lot 15 aircraft, expected to begin deliveries in 2023 and is expected to save to more than $3 billion over the life cycle of the program.

The U.S. Air Force awarded Raytheon a $90 million first-lot production contract for the next-generation Multi-Spectral Targeting System. As the latest variant of the MTS family of sensors, AN/DAS-4 incorporates greater fire control and Target Location Accuracy technology for precise coordinates.

Raytheon is partnering with European aircraft manufacturer Finmeccanica, CAE and Honeywell to build the T-100 Integrated Air Training System as its contender for the USAF T-X advanced new jet trainer

The US Missile Defense Agency (MDA) has completed three major missile defense tests this week, a closing accord for an ambitious test plan this year. Two tests performed earlier today included a successful exo-atmospheric intercept test of the Arrow 3 interceptor, and first intercept mission of the Land-Based Standard Missile SM-3 Block IB launched from a land-based site. A third test conducted earlier this week tested the latest, most advanced variant of Standard Missile 3 series, the US-Japanese SM-3 Block IIA.

The U.S. Missile Defense Agency (MDA) and Raytheon have completed the first Program Planning Review on the future Multi-Object Kill Vehicle (MOKV) concept, a key step toward defining critical aspects of its design. This milestone ensures that the development plan is aligned with the MDA's expectations, and on track for an upcoming Concept Review in December.

Standard single-tube grenade launchers demonstrated hitting targets beyond 2 kilometers, using Raytheon's Pike precision guided missiles

Two industry groups are proposing business aircraft platforms as an alternative for the US Air Force JSTARS replacement. The Air Force is planning to retire the existing Boeing 707-based E-8Cs from 2025-2026 and is expecting to have at least four of the new planes in production by 2023.

The U.S. Navy and Raytheon Company have completed the critical design review (CDR) of the AN/SPY-6(V) Air and Missile Defense Radar (AMDR). This radar will be installed on US Navy DDG-51 Flight III missile destroyers, improving their fighting and self-defense capabilities. The company said the Engineering and Manufacturing Development (EMD) phase of the program continues and is now more than 40 percent complete.

Raytheon Company and the U.S. Air Force completed two successful Small Diameter Bomb II (SDB II) all-up round live fire test flights that demonstrated the weapon's ability to detect, track and destroy moving targets. The flight tests that took place at the White Sands Missile Test Range, were the final flight events required prior to Milestone C and the start of Low Rate Initial Production (LRIP).

The Raytheon Company has received a contract award from Israel's Rafael Advanced Defense Systems Ltd. valued at $149.3 million, to provide components for the Tamir interceptor used in the defensive Iron Dome Weapon System. The amount represents about two thirds of the special funding of $225 allocated by the US administration to replenish Israel's arsenal of Iron Dome interceptors, following Operation "Protective Edge" where Iron Dome systems intercepted over 735 rockets fired at Israel.