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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; [email protected]

Stock News for Raytheon (RTN)
DateTimeHeadline
02/24/201717:55:00Raytheon awarded contract to provide the State of Qatar with...
02/16/201709:00:00Raytheon developing first of its kind automated assessment system...
02/15/201709:09:17Annual Report (10-k)
02/13/201708:30:00U.S., allies invest $202 million in Patriot Integrated Air and...
02/10/201714:48:09Amended Statement of Ownership (sc 13g/a)
02/10/201710:29:00Harold Rosen Launched an Era of Global Satellite Communications
02/08/201712:00:00Raytheon, Utilidata to deliver defense-grade cybersecurity for...
02/04/201714:56:00Next-gen Standard Missile-3 completes first intercept test
02/02/201718:02:00Exporters Tout Benefits of Republicans' 'Border Adjustment' Proposal--Update
02/02/201706:29:00Exporters Tout Benefits of Republicans' 'Border Adjustment' Proposal
01/31/201713:45:00Raytheon, USAF developing new signal processor for AMRAAM
01/30/201717:11:36Statement of Changes in Beneficial Ownership (4)
01/30/201708:00:00Raytheon executives to speak at Cowen and Company 38th Annual...
01/26/201717:34:00Raytheon Drops Out of Air Force Jet Contest; Northrop Unsure
01/26/201707:00:10Current Report Filing (8-k)
01/26/201706:55:00Raytheon Reports Strong Fourth Quarter and Full-Year 2016 Results
01/25/201717:30:51Amended Statement of Ownership (sc 13g/a)
01/25/201713:08:00Raytheon/Leonardo team withdraws from T-X competition
01/25/201708:57:00Raytheon completes factory acceptance testing of flight operations...
01/24/201717:07:36Statement of Changes in Beneficial Ownership (4)

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