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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
07/19/201608:00:00Raytheon Company to release second quarter 2016 results on July...
07/15/201614:41:00U.S. Rocketry Students Soar at International Championship
07/13/201605:00:00Raytheon, Kongsberg to build Naval Strike Missiles and launchers...
07/12/201608:40:00Raytheon introduces online classes to prepare US residents for...
07/12/201608:00:00Morning Analysis on Aerospace/Defense Products & Services Stocks...
07/12/201605:30:00US Navy awards Raytheon $291 million for AIM-9X
07/12/201604:30:00Raytheon missile fired more than 30 times from the Joint Strike...
07/12/201604:00:00New JSOW C-1 ready for US Navy fleet
07/11/201608:30:00Pentagon May Seek Compensation From Boeing for Delays
07/11/201608:00:00U.S. Army enlists Raytheon to help develop next-generation radar
07/11/201605:40:00U.K. Buys Boeing Patrol Planes, Attack Helicopters
07/11/201605:15:00Raytheon, USAF complete new round of Small Diameter Bomb II flight...
07/10/201604:00:00US Air Force awards Raytheon $34 million to demonstrate advanced...
07/08/201614:06:00Patriot destroys missile and aircraft targets in test
07/07/201608:00:00Raytheon's Air and Missile Defense Radar prepares for live target...
07/01/201612:28:00Raytheon and Thales modify ThalesRaytheonSystems joint venture...
06/27/201608:00:00Raytheon completes milestone for next-generation GPS controls
06/23/201617:55:00The State of Kuwait upgrades its air and missile defense
06/22/201609:50:00BAE Systems Spies Growth in Space Defense
06/22/201608:00:00Raytheon Professional Services wins prestigious award for multilingual...

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