Raytheon Company: Investor Relations

Motion picture virtual reality technology to be demonstrated as a public safety training system

Thu, 24 May 2012 12:01:25 GMT

VIRTSIM™, similar to technology used in "The Avengers," improves how law enforcement agencies train for emergencies DALLAS, May 24, 2012 /PRNewswire/ -- More than 500 public and private law enforcement and border security officials in the Dallas-Fort Worth area will be on hand to see how virtual reality technology from Raytheon Company (NYSE: RTN) and Motion Reality Inc. improves training methods with a variety of lifelike scenarios. (Photo: http://photos.prnewswire.com/prnh/20120524/NE12788 ) VIRTSIM™ employs licensed motion-capture technology similar to that used in movies such as "Lord of the Rings," "Avatar" and, most recently, "The Avengers." It is being offered to the law e...

Raytheon to host Tweetup at Farnborough International Airshow, extending onsite experience worldwide

Tue, 22 May 2012 18:00:51 GMT

50 registrants to be confirmed -- online registration open from noon EDT Tuesday, May 22, to noon Friday, May 25 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 Tuesday, May 22, and it will remain open until noon Friday, May 25. The Tweetup will provide Raytheon's social media followers with access to the airshow via Raytheon's viewing platform at Farnborough. The Farnborough International Airshow is a global event that brings together companies f...

Raytheon awarded $57.8 million Phalanx contract

Fri, 18 May 2012 12:30:15 GMT

Agreement includes SeaRAM manufacturing LOUISVILLE, Ky., May 18, 2012 /PRNewswire/ -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a contract totaling $57.8 million to overhaul and upgrade nine Phalanx Close-In Weapon Systems, and manufacture two SeaRAM anti-ship missile defense systems. The agreement also includes the purchase of 20 radar upgrade kits. "Raytheon tailors our ship self-defense systems to meet our customers' requirements," said Rick Nelson, vice president of Raytheon Missile Systems' Naval Weapon Systems product line. "Phalanx and SeaRAM are layered defense solutions that lead the world in scalable technology, while providing unparalleled protection." Close-i...

Raytheon awarded $313.8 million for Standard Missile-6 all-up rounds

Wed, 16 May 2012 12:01:10 GMT

TUCSON, Ariz., May 16, 2012 /PRNewswire/ -- 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 airframe and propulsion elements, while incorporating the advanced signal processing and guidance control capabilities of Raytheon's Advanced Medium-Range Air-to-Air Missile. Work will be performed in Tucson, Ariz.; Camden, Ark.; Andover, Mass.; Huntsville, Ala.; Dallas, Texas; Hanahan, S.C.; Anniston, Ala.; San Jose, Calif.; and Middletown, Ohio, and is expected to completed by March 2015. About Raytheon Raytheon Company, with 2011 sales of $...

Raytheon BBN Technologies awarded $2.5 million in intelligence funding for metaphor research

Mon, 14 May 2012 12:01:06 GMT

Goal is new technology to identify and organize metaphors in foreign languages to give US decision-makers enhanced global cultural insights CAMBRIDGE, Mass., May 14, 2012 /PRNewswire/ -- The Intelligence Advanced Research Projects Activity (IARPA), via the U.S. Army Research Laboratory (ARL), has awarded Raytheon BBN Technologies $2.5 million in funding under the METAPHOR program. BBN is a wholly owned subsidiary of Raytheon Company (NYSE: RTN). The Raytheon BBN team's goal is to create analysis tools and techniques that provide insight into the underlying beliefs and worldviews that metaphors reveal. The system will automatically find, identify and categorize linguistic metaphors i...

8th Grader Chad Qian From Indiana, Bests Thousands of Math Scholars to Be Crowned Champion at 2012 Raytheon MATHCOUNTS® National Competition

Sat, 12 May 2012 00:01:05 GMT

Massachusetts crowned National Team Champion after intense middle school competition LAKE BUENA VISTA, Fla., May 11, 2012 /PRNewswire/ -- Chad Qian of Carmel, Ind., won the 2012 Raytheon MATHCOUNTS® National Competition Friday at the Walt Disney World® Swan and Dolphin Resort after an intense final competition before a packed live and webcast audience. This year's winning Mathlete® answered the following math problem to be crowned national champion of this year's competition: (Photo: http://photos.prnewswire.com/prnh/20120511/NE06078-a ) (Photo: http://photos.prnewswire.com/prnh/20120511/NE06078-b ) (Photo: http://photos.prnewswire.com/prnh/20120511/NE06078-c ) Question: A bag of...

The American Institute of Aeronautics and Astronautics honors two Raytheon engineers

Thu, 10 May 2012 17:00:15 GMT

Mark Russell and James Horkovich named AIAA Fellows WASHINGTON, May 10, 2012 /PRNewswire/ -- The American Institute of Aeronautics and Astronautics (AIAA) honored Raytheon Company's (NYSE: RTN) Mark E. Russell and James A. Horkovich with the distinction of 2012 AIAA Fellows during the Aerospace Spotlight Awards Gala on Wednesday, May 9, at the Ronald Reagan Building and International Trade Center in Washington, D.C. (Photo: http://photos.prnewswire.com/prnh/20120510/NE03944-a ) (Photo: http://photos.prnewswire.com/prnh/20120510/NE03944-b ) Russell is Raytheon vice president of Engineering, Technology and Mission Assurance. He has published many peer-reviewed papers on active elect...

Raytheon Completes First Flight Test of Improved SM-3

Thu, 10 May 2012 07:31:59 GMT

Demonstrates Phased Adaptive Approach phase two capability PACIFIC MISSILE RANGE FACILITY, KAUAI, Hawaii, May 10, 2012 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed the first successful flight test of the Standard Missile-3 Block IB, which is the cornerstone of phase two of the administration's Phased Adaptive Approach (PAA). This is the 20th successful intercept for Raytheon's SM-3 program. "This next-generation variant of the SM-3 is critical to the ballistic missile defense of the U.S. and our allies, because it can defeat the more sophisticated threats emerging around the world today," said Dr. Taylor Lawrence, Raytheon Missile Systems president. During the test, t...

Raytheon BBN Technologies Awarded Contract to Extend Force Protection

Tue, 08 May 2012 12:31:04 GMT

Goal is greater protection and situational awareness in non-combat, yet dangerous, environments CAMBRIDGE, Mass., May 8, 2012 /PRNewswire/ -- Raytheon BBN Technologies has been awarded $1.9 million by the U.S. Air Force Research Laboratory under the Force Protection program. BBN is a wholly owned subsidiary of Raytheon Company (NYSE: RTN). Military personnel often operate in environments that are potentially dangerous, although not in active combat areas. Networks of sensors, commonly called force protection kits, are used to alert troops to potential dangers in these perilous environments before they become immediate threats. BBN will develop a platform to extend the r...

Raytheon fires Excalibur from G6 self-propelled howitzer

Tue, 08 May 2012 07:00:48 GMT

Excalibur will give G6 users precision artillery capability TUCSON, Ariz., May 8, 2012 /PRNewswire via COMTEX/ --Raytheon Company (NYSE: RTN) has fired four Excalibur 155mm precision-guided artillery projectiles from the Denel-manufactured G6 self-propelled howitzer as part of a field trial demonstration. Multiple rounds of the combat-proven Excalibur successfully fired from the G6 155mm wheeled howitzer out to a range of 38 kilometers (23.6 statute miles), with all rounds landing within 5 meters (16.4 feet) of the target. "These trials demonstrated Excalibur can give a true precision capability to G6 howitzers that can enhance the warfighter's defensive posture," said Kevin Matthie...