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Latest RTN News From Around the Web
Below are the latest news stories about Raytheon Co that investors may wish to consider to help them evaluate RTN as an investment opportunity.
A major U.S. defense contractor has landed a $146 million Navy deal that will provide work for two of its local offices, including one south of Dayton.
GE closed the sale of its biopharma division to Danaher on Tuesday. United Technologies will complete its merger with Raytheon on Friday.
Raytheon's (RTN) RAM Guided Missile Weapon System is a cooperative development and production program, conducted jointly by the United States and Germany.
Retailer Macy's Inc. (NYSE: M) will be removed from the S&P 500 Index later this week, S&P Dow Jones Indices announced late Tuesday.What Happened The Cincinnati-based company will instead become a part of the S&P SmallCap 600 Index on Friday."Macy's has a market capitalization more representative of the small-cap market space," S&P Dow Jones Indices said in a statement. The retailer's stock is down 70.6% year-till-date and has been reduced to a market cap of $1.5 billion.United Technologies Corp. (NYSE: UTX), which is merging with Raytheon Co. (NYSE: RTN) to form a new entity Raytheon Technologies Corp. (NYSE: RTX), will remain a part of both S&P 500 and S&P 100 under its new name.The conglomerate's spinoffs Carrier Global Corp. (NYSE: CARR) and Otis Worldwide ...
Standard General, the hedge fund battling for board seats at Tegna Inc, called on the U.S. regional TV station operator on Tuesday to open its books to two bidders still interested in acquiring the company amid the coronavirus crisis. Tegna said on Sunday that turbulent market conditions, driven by the coronavirus pandemic, had weighed on its negotiations with potential acquirers. It said two remaining bidders had not signed confidentiality agreements to enable due diligence, and had not delivered any information on financing sources.
Raytheon, Aerojet Rocketdyne strike $1 billion strategic sourcing deal for Standard Missile programs
TUCSON, Ariz. , March 26, 2020 /PRNewswire/ -- Raytheon Company's (NYSE: RTN ) Missile Systems business has reached a $1 billion , five-year strategic agreement to purchase propulsion systems from Aerojet Rocketdyne for Standard Missile products. The deal represents a supply chain centerpiece of multi-year Standard Missiles contracts that Raytheon recently received. "Moving to multi-year, rather than annual-year contracting enables Raytheon and its supply chain to deliver even more value to our Missile Defense Agency … Full story available on Benzinga.com
The U.S. Justice Department has approved United Technologies Corporation's planned merger with Raytheon Co , subject to conditions, the agency said on Thursday.
Wall Street analysts like these stocks even if the U.S. enters a recession.
Raytheon awarded $551 million US Army contract to begin production of Patriot™ for the Kingdom of Bahrain
TEWKSBURY, Mass. , March 9, 2020 /PRNewswire/ -- The U.S. Army awarded Raytheon Company (NYSE: RTN ) a $551 million contract to begin production of the combat-proven Patriot™ air and missile defense system for the Kingdom of Bahrain . The contract was awarded on January 31, 2020 . … Full story available on Benzinga.com
MCKINNEY, Texas, March 4, 2020 /PRNewswire/ -- Raytheon Company (NYSE: RTN) earned the first TRUE Platinum Zero Waste certification in Texas for its advanced manufacturing center in McKinney. The site earned the designation for its innovations in resource management and waste reduction….