Author: Staff Writer

Raytheon Contract

The Air Force gave Raytheon Co. [RTN] a $180 million firm fixed-price contract for the AMRAAM program. AMRAAM, the advanced medium-range air-to-air missile, a guided weapon, is a supersonic asset....

Boeing Gains $46.2 Million

The Air Force also gave The Boeing Co. [BA] a $46.2 million firm fixed price contract for missile program work. This contract provides 14 CALCM/ALCM Test Instrumentation Kids for the...

SM-2 Update

A major maneuverability upgrade to the Standard Missile-2 (SM-2) will bolster its performance against new anti-ship weapons, Raytheon announced. Performance of the update, crafted by Raytheon and the Navy, was...

Orbiting Wall Street

Orbital Sciences Orbital Sciences Corp. posted first quarter revenues of $228.2 million, up 19 percent from revenues of $192.2 million in the same period a year ago, the company announced...

Boeing Develops GPS Substitute

In a new era where China has the capability to destroy space assets such as global positioning system (GPS) satellites, a system being developed would permit troops to find their...