|Bid||0.00 x 1200|
|Ask||0.00 x 900|
|Day's range||115.00 - 126.85|
|52-week range||103.00 - 233.48|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||9.81|
|Earnings date||23 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||240.50|
Among past week's highlights, a handful of defense majors won notable deals from Pentagon. However, coronavirus-led broader market turmoil affects share price performance of defense stocks.
Raytheon's (RTN) RAM Guided Missile Weapon System is a cooperative development and production program, conducted jointly by the United States and Germany.
The U.S. Justice Department has approved United Technologies Corporation's <UTX.N> planned merger with Raytheon Co <RTN.N>, subject to conditions, the agency said on Thursday. UTC agreed in June to combine its aerospace business with U.S. contractor Raytheon and create a new company worth about $121 billion (99.5 billion pounds), in what would be the sector's biggest ever merger. To win U.S. approval, the companies agreed to divest Raytheon's military airborne radios business, including facilities in Indiana and Florida, and UTC's military global positioning systems, including a facility in Connecticut.
Raytheon (RTN) is going to deliver Block II and Block II plus AIM-9X tactical missiles along with parts like captive air training missile guidance units and sectionalization kits
With enhancements in Raytheon's (RTN) APG series radars, the F/A-18 jet are set to have the hardware capability to make high-resolution radar ground maps, enabling it to perform precision strike missions.
United Technologies (UTX) to soon separate its Otis and Carries businesses, with the board of directors' approval. The separation clears the path for the merger of its aerospace business with Raytheon.
The United States and India are paving the way for a slew of military deals worth $3 billion, which in turn, might boost American defense contractors.
A naturalized U.S. citizen from China who worked for 10 years for a Raytheon Corp. subsidiary as an electrical engineer has pleaded guilty to a federal arms exportation charge. Wei Sun pleaded guilty Friday in U.S. District Court in Tucson, where Raytheon Missile Systems has a large defense plant that produces missiles. In a plea agreement with prosecutors, Sun acknowledged taking a Raytheon laptop to China on a 2018 personal trip and acknowledged that it contained sensitive material, including a user's guide for an air-to-air missile.
Asian airlines face "drastic" cuts in their planned growth because of the coronavirus crisis, an industry group warned, adding gloom to an already depleted Singapore Airshow as more companies scaled back plans on Monday. The Singapore Airshow from Feb. 11 to 16 is proceeding, but the exhibition centre is pockmarked with empty spaces that would have held displays from Chinese companies and others skipping the show because of the epidemic, which has killed more than 900 people. More than 70 exhibitors, including major U.S. defence firms Lockheed Martin Corp and Raytheon Co have pulled out over concerns related to the new coronavirus.
More than 70 trade exhibitors have pulled out of the Singapore Airshow amid concerns over the new coronavirus and the number of public tickets available will be less than half of those on offer in 2018 to limit attendance, the show's organiser said on Sunday. Some major exhibitors, including Lockheed Martin Corp and Raytheon Co have pulled out over the virus. Experia Events Managing Director Leck Chet Lam told reporters the number of companies not attending represented less than 8% of those that had signed up for the show, to be held from Feb. 11 to 16.
WASHINGTON/SINGAPORE (Reuters) - The Pentagon shrunk the size of its delegation traveling to the Singapore Airshow and U.S. defence firms Lockheed Martin Corp and Raytheon Co said they would not attend, as the impact of the coronavirus has reduced participation in the event. Both had been due to send some of their most senior executives to Asia's largest aviation and defence event before Singapore on Friday raised its alert level for the coronavirus outbreak to orange, the same level reached during the 2003 Severe Acute Respiratory System (SARS) pandemic.