LONDON, UK / ACCESSWIRE / January 11, 2018 / Active-Investors.com has just released a free research report on Raytheon Co. (NYSE: RTN). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RTN as the Company's latest news hit the wire. On January 09, 2018, the Company announced that it has been awarded a contract for supplying additional Patriot Integrated Air and Missile Defense System. The contract has been awarded by one of the fourteen nation group that already owns the Patriot Defence system. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Raytheon most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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The undisclosed nation signed direct commercial sales contract with the Company on January 04, 2018. The contract is valued over $1.5 billion. The Company has not provided any other details or terms of the agreement with the said nation.

About Raytheon's Patriot Integrated Air and Missile Defense System

Raytheon's Patriot? is a missile defense system consisting of radars, command-and-control technology, and multiple types of interceptors, all working together to detect, identify and defeat tactical ballistic missiles, cruise missiles, drones, advanced aircraft, and other threats. Since its launch, the Patriot has been used by five nations in more than 200 combat engagements against manned and unmanned aircraft, cruise missiles, and tactical ballistic missiles. Patriot has intercepted more than 100 ballistic missiles in combat operations around the world since January 2015. Out of these over 90 intercepts involved the low-cost Raytheon-made Guidance Enhanced Missile family of surface-to-air missiles. The Patriot is backed by over 3,000 ground tests and over 1,400 flight tests.

The Patriot is currently an important part of defence capabilities of 13 nations including US, Germany, Greece, the Netherlands, and Spain. Romania is on the fast-track to becoming the 14th nation to use the Patriot Defence system after it signed an agreement with the US Government to acquire the system in November 2017.

Patriot can stay ahead in the light of changing threats by continuous improvements, enhancements, and embracing the latest technologies. This is possible due to the Patriot's architecture which is flexible and designed so that it can be continually upgraded and improved. The modernization of the Patriot has been funded by the 14-nation consortium of Patriot users over the last two decades. These 14 nations invest approximately $200 million annually for these upgrades. These 14 nations have the flexibility of working together including training together and if the need arises can operate together in a combat situation. The system has been modernized to successfully defeat current and emerging threats till year 2048 and beyond. Recently, Raytheon unveiled a prototype radar that incorporates gallium nitride, a revolutionary semi-conductor technology that will enable 360-degrees of protection.

About Raytheon Co.

Waltham, Massachusetts-based Raytheon was founded in 1922 and is a technology and innovation leader specializing in defense, civil government, and cybersecurity solutions. The Company provides state-of-the-art electronics, mission systems integration, capabilities in C5I (command, control, communications, computing, cyber and intelligence), sensing, effects, and mission support services. The Company's business is divided into the following business verticals - Integrated Defense Systems, Intelligence, Information and Services; Missile Systems, Space and Airborne Systems; and Raytheon Global Business Services.

Raytheon provides solutions and services to customers in 80 countries and had strategic offices in 19 countries. The Company has also formed subsidiary Companies in Australia, Germany, UK, and US. The Company is supported by a global team of 63,000 employees. Raytheon recorded sales of $24 billion in FY16.

Stock Performance Snapshot

January 10, 2018 - At Wednesday's closing bell, Raytheon's stock was slightly down 0.11%, ending the trading session at $193.48.

Volume traded for the day: 1.15 million shares.

Stock performance in the last month ? up 2.88%; previous three-month period ? up 3.08%; past twelve-month period ? up 31.97%; and year-to-date - up 3.00%

After yesterday's close, Raytheon's market cap was at $55.89 billion.

Price to Earnings (P/E) ratio was at 26.05.

The stock has a dividend yield of 1.65%.

The stock is part of the Industrial Goods sector, categorized under the Aerospace/Defense Products & Services industry.

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