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South Korea awards Raytheon a $31 million missile contract

WALTHAM, Mass., Feb. 12 (UPI) -- South Korea has awarded Raytheon a $31 million contract for additional AGM-65G-2 Maverick missiles.

Israel to start Arrow 3 production although key test still to come

TEL AVIV, Israel, Jan. 21 (UPI) -- The Defense Ministry and Israel Aerospace Industries are so confident that the Arrow 3 anti-ballistic missile system will be able to destroy hostile missiles in space they're reported to be planning to start production even before flight testing has been completed.

Israel's Rafael and Raytheon to co-produce Iron Dome

TEL AVIV, Israel, Jan. 14 (UPI) -- Rafael Advanced Defense Systems, Israel's second largest state-owned defense company, is reported ready to start co-producing its Iron Dome anti-missile defense system with the Raytheon Co. of the U.S., consolidating an alliance that's already developing the Stunner interceptor missile of Rafael's David's Sling system designed by Rafael.

Israel moves closer to anti-missile shield with Arrow 3 test

TEL AVIV, Israel, Jan. 6 (UPI) -- Israel's latest test-firing of its high-altitude Arrow 3 anti-ballistic missile system marks a major step toward the Jewish state's plan to build a multi-layered missile defense shield against everything from Iranian intermediate-range ballistic weapons to humble home-made rockets built by Palestinian militants.
U.S. to boost Israel defense missile funding by $173M

U.S. to boost Israel defense missile funding by $173M

TEL AVIV, Israel, Dec. 10 (UPI) -- U.S. lawmakers have approved boosting funding for Israel's missile defense program by $173 million in fiscal 2014 as the Jewish state's military establishment draws up a new defense doctrine to protect cities from Hezbollah's growing missile arsenal.

Israel moves closer to missile defense shield

TEL AVIV, Israel, Nov. 22 (UPI) -- Israel, alarmed that a U.S.-Iranian rapprochement will leave its security exposed, has moved closer to consolidating its multi-layer missile defense shield with the successful interception of a short-range ballistic missile by its David's Sling system under development by Rafael Advanced Defense Systems and the U.S. Raytheon Co.

Israel starts campaign to boost U.S. military aid

TEL AVIV, Israel, Sept. 27 (UPI) -- With Israel's 10-year military assistance agreement with the United States due to expire in 2017, the Jewish state's military chiefs are already pushing for annual U.S. aid to be increased beyond the current $3.1 billion, even though America's struggling with an economic crisis.

Israel's missile makers move toward U.S. production deals

TEL AVIV, Israel, Sept. 13 (UPI) -- Rafael Advanced Defense Systems, one of Israel's leading defense companies, and the Raytheon Co. of the U.S. are reported to be seeking to integrate the jointly funded Israeli-made Stunner air-defense interceptor missile into an advanced version of the U.S. Patriot system.

U.A.E. buys French spy satellites in $913M deal

ABU DHABI, United Arab Emirates, July 23 (UPI) -- The United Arab Emirates has bought two surveillance satellites from France that will give the region's Arab monarchies the capability of spying on Iran.

Rafael gears up for Israel's new defense era

TEL AVIV, Israel, July 22 (UPI) -- Rafael Advanced Defense Systems, one of the Jewish state's leading defense companies and producer of the famed Iron Dome anti-rocket system, says it's reorganizing amid plans to restructure Israel's armed forces for a new era of warfare.

IMI develops air-launched missile that sounds familiar

TEL AVIV, Israel, July 9 (UPI) -- Israel Military Industries, one of the Jewish state's leading defense companies, has completed development of its long-range MARS precision air-launched rocket, which appears to have capabilities similar to the missiles the air force reportedly used to hit targets in Syria in May.

U.S. seeks to buy into Israeli missile programs

TEL AVIV, Israel, June 24 (UPI) -- The U.S. Congress is pushing for U.S. participation in developing Israel's Iron Dome counter-missile system, and if it succeeds that would make the Americans partners to some degree in all the systems that constitute the Jewish state's unique missile defense shield.

U.S. seeks to buy into Israeli missile programs

TEL AVIV, Israel, June 23 (UPI) -- The U.S. Congress is pushing for U.S. participation in developing Israel's Iron Dome counter-missile system, and if it succeeds that would make the Americans partners to some degree in all the systems that constitute the Jewish state's unique missile defense shield.

Israel fast-tracks Arrow 3 over Iran nuclear fears

TEL AVIV, Israel, June 4 (UPI) -- Israel Aerospace Industries, flagship of Israel's defense sector, is accelerating development of its high-altitude Arrow-3 anti-ballistic missile system amid mounting concerns about Iran's nuclear program.
Chinese cyberspies said to jeopardize U.S. weapons designs

Chinese cyberspies said to jeopardize U.S. weapons designs

WASHINGTON, May 28 (UPI) -- Chinese hackers broke into computer systems containing designs for more than two dozen major U.S. weapons systems, a report prepared for the Pentagon concluded.
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Wiki

Raytheon Company (NYSE: RTN) is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon is the world's largest producer of guided missiles.

Established in 1922, the company reincorporated in 1928 and adopted its present name in 1959. The company has around 73,000 employees worldwide and annual revenues of approximately US$20 billion. More than 90 percent of Raytheon's revenues were obtained from defense contracts and, as of 2007, it was the fifth largest defense contractor in the world, and is the fourth largest defense contractor in the United States by revenue.

Raytheon Headquarters was moved from Lexington, Massachusetts to Waltham, Massachusetts on October 27, 2003. The company was previously headquartered in Cambridge, Massachusetts from 1922-1928, Newton, Massachusetts from 1928-1941, Waltham from 1941-1961, Lexington from 1961-2003, and back to Waltham from 2003 onwards.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Raytheon Co.."
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