CEO William Swanson

The Raytheon Co. plant in Forest, Miss., will get nearly half the work under a $9.4 million order to replace electronics in military jets. The Pentagon says the order from the Naval Air Systems Command in Maryland is for work on "countermeasure receivers ...  

NORTH SMITHFIELD, R.I.--(BUSINESS WIRE)--Banneker Industries was once again recognized for their outstanding performance in 2011 by Raytheon Integrated Defense Systems (IDS) with their 5-Star Supplier Excellence Award.  

INDIANAPOLIS, May 30 (UPI) -- Canada's army has viewed a new intelligence, surveillance and reconnaissance system designed for its Light Armored Vehicle-III upgrade program. The Light Armored Vehicle Reconnaissance Surveillance System prototype ...  

Raytheon Co. has been awarded a contract totaling $57.8 million by the U.S. Navy to overhaul and upgrade nine Phalanx Close-In Weapon Systems, and manufacture two SeaRAM anti-ship missile defense systems. According to a news release from Waltham, Mass-based Raytheon (NYSE: RTN), the agreement also includes the purchase of 20 radar upgrade kits. The Phalanx is a rapid-fire, computer-controlled radar and gun system that defends targets from...  

Raytheon Co. said Thursday that its new interceptor successfully destroyed a target missile launched from the Pacific Missile Range Facility on Kauai late Wednesday night. Raytheon (NYSE: RTN) said in a statement that its Standard Missile-3 Block IB's "kinetic warhead acquired the target with its two-color infrared seeker and tracked it through intercept." "This next-generation variant of the SM-3 is critical to the ballistic missile defense...  

Defense contractor Raytheon Co. has landed a $191 million U.S. Air Force deal. On Friday, the Defense Department announced the contract for multi-spectral targeting system units and accessories. The six month contract is being administered by Aeronautical Systems Center at Wright-Patterson Air Force Base. Waltham, Mass.-based Raytheon will produce the units in Texas. Defense firms won more than $18 billion in Air Force contracts during the...  

WALTHAM, Mass., May 22, 2012 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will invite 50 of its Twitter followers to participate in a day of activities at the Farnborough International Airshow on Friday, July 13. Raytheon opened registration to interested Twitter followers at noon EDT on...  

LOUISVILLE, Ky. (AP) -- Defense contractor Raytheon Co. said Friday it won a contract worth $57.8 million with the U.S. Navy to upgrade nine weapons systems and build two missile defense systems. The company said it will overhaul nine so-called ...  

Raytheon Chairman and CEO William H. Swanson, The Kraft Group Chairman and CEO Robert Kraft and Patriots running back Danny Woodhead selected the top three winning teams in this year's "Science of Sports" Science Fair.  

WASHINGTON, May 17, 2012 — Mark E. Russell and James A. Horkovich of Raytheon Co. were honored as the 2012 American Institute of Aeronautics and Astronautics (AIAA) Fellows on May 9 during the Aerospace Spotlight Awards Gala at the Ronald Reagan Building ...  

Phalanx is a rapid-fire, computer-controlled radar and 20 mm gun system that automatically acquires, tracks and destroys enemy threats that have penetrated all other ship defense systems. Rick Nelson, vice president of Raytheon Missile Systems' Naval ...  

TUCSON, Ariz., May 16, 2012 /PRNewswire via COMTEX/ -- The U.S. Navy awarded Raytheon Company (NYSE:RTN) a $313.8 million contract for low-rate initial production of Standard Missile-6 all-up rounds. SM-6 leverages the legacy Standard Missile ...  

Math is no problem for Chad Qian, 14. He is the champion of the 2012 Raytheon MATHCOUNTS National Competition. The event was held in front of a live audience at Disney World, in Orlando, Fla., on May 11. Qian competed against more than 220 ...  

Delivery is expected to be completed by March 2015. Work will be performed in Tucson, Arizona; Camden, Arkansas; Andover, Massachusetts; Huntsville, Alabama; Dallas, Texas; Hanahan, South Carolina; Anniston, Alabama; San Jose, California ...  

COLORADO SPRINGS, Colorado, April 20 (Reuters) - The Pentagon's top weapons buyer is keeping close tabs on the ground control system being developed by Raytheon Co to operate current and future Global Positioning System satellites. The company ...