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Friday, Oct 31, 2014

Raytheon Corporation (NYSE: RTN)

Image - Raytheon Receives Arbitration Award relating to the eBorders Program

Raytheon Receives Arbitration Award relating to the eBorders...

Raytheon, announced today its receipt of a decision in the arbitration between Raytheon Systems Limited (RSL, which is also known as Raytheon UK) and the United Kingdom Home Office relating to the eBorders program. The Arbitration Tribunal found that the Home Office had unlawfully terminated RSL for default in 2010 and therefore had repudiated the eBorders contract.&nbs...
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Image - Raytheons Excalibur Ib demos production maturity and effectiveness in milestone test event

Raytheon's Excalibur Ib demos production maturity and effect...

The U.S. Army and Raytheon Company (NYSE:  RTN) successfully fired 30 GPS-guided Excalibur Ib projectiles during an extensive First Article Test series at Yuma Proving Ground, Arizona. This test series validated performance and reliability of the Excalibur Ib production configuration, and moves the program toward full-rate production. "Excalibur gives the ...
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