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Raytheon Gets Approval For $1.7 Billion Saudi Missile Sale

Raytheon Co. (RTN) said Wednesday it won approval from the U.S. Congress and the State Department to upgrade Saudi Arabia's missile defense system for $1.7 billion. The award includes ground-system hardware, a full training package, support equipment upgrades, and a capability upgrade to support potential coalition operations. The Patriot missile system is used to shoot down missiles from aircraft as well as ballistic missiles. -Christopher Hinton, 415-439-6400; AskNewswires@dowjones.com

Stock News for Raytheon (RTN)
DateTimeHeadline
05/23/201610:00:00Raytheon begins delivery of railgun pulse power containers
05/20/201608:00:00Raytheon awards Women's Cybersecurity Scholarships
05/19/201608:00:00Raytheon partners with American University's Kogod Cybersecurity...
05/18/201613:00:00Navajo Nation honors Raytheon Diné Facility with Business of...
05/17/201612:00:00US Navy uses Raytheon's SeaRAM to knock out complex targets in...
05/17/201606:22:07Additional Proxy Soliciting Materials (definitive) (defa14a)
05/10/201603:00:00Jordan to acquire Raytheon's TOW missiles
05/09/201613:55:00Edward Wan named 2016 Raytheon MATHCOUNTS National Champion
05/03/201611:00:00Raytheon ramps up deliveries of small unmanned air systems
05/02/201608:30:00Raytheon developing technology to make software "immortal"
04/29/201608:00:00Raytheon to start production of first multi-spectral targeting...
04/28/201610:14:01Quarterly Report (10-q)
04/28/201608:20:00Raytheon Sales Rise But Profit Falls
04/28/201607:29:00Raytheon Sales Rise But Profit Falls
04/28/201607:02:43Current Report Filing (8-k)
04/28/201606:55:00Raytheon Reports Solid First Quarter 2016 Results
04/27/201616:00:00Forcepoint Names Matthew P. Moynahan as CEO
04/27/201612:01:00USS Coronado deploys with next-gen UAV controls from Raytheon
04/27/201606:30:52Proxy Statement (definitive) (def 14a)
04/26/201609:00:00U.S. Navy awards Raytheon up to $104 million for long-range radar...

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