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4-Traders Homepage  >  Equities  >  Nyse  >  Raytheon Company    RTN

Delayed Quote. Delayed  - 07/29 10:02:24 pm
139.53 USD   +1.06%
07/29 RAYTHEON : launches NSA-certified, next-generation Ethernet encrypti..
07/29 RAYTHEON : to service Swiss radar warning receiver
07/29DJRaytheon Joins March to Profits -- WSJ
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Raytheon : launches NSA-certified, next-generation Ethernet encryption system; First-to-market encryptor has lower latency and higher throughput than standard Government IP encryption systems

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07/29/2016 | 02:44pm CEST

Release date- 28072016 - MARLBOROUGH, Mass. - The National Security Agency has certified Raytheon Company's (NYSE: RTN) KG-350 Ethernet encryption system to protect network communications for sensitive information up to Top Secret/SCI classification. The Type 1 certification gives Raytheon authorization to sell the groundbreaking KG-350 encryptor to commercial, military and government customers immediately.

The KG-350 expands Raytheon's leadership in the Layer 2 Ethernet encryption market, offering lower latency and higher throughput than current encryption technology.

'Raytheon's KG-350 provides the world's fastest, highest-capacity networking system for secure communications,' said John Droge, director of Raytheon Secure Information Systems. 'Layer 2 encryption preserves bandwidth - increasing information throughput up to 45 percent - and enables uninterrupted real-time data, voice and video.'

The KG-350 encryptor is ruggedized for tactical vehicle use and fixed-site applications, and is the first to conform to the NSA's new Ethernet Security Specification (ESS) standard.

'The advantage of ESS compliance is that ESS encryptors are interoperable with one another, which means keeping pace with growing networking needs simply requires adding new encryptors rather than replacing entire networks,' Droge said.

To accommodate the broadest range of current and future network requirements, the KG-350 operates in three speeds - 100 Mbps, 1 Gbps and 10 Gbps. A single KG-350 unit can ensure uninterrupted communications across far larger networks than previous technology in point-to-point, mesh and point-to-multi-point environments.

'As network data speeds keep increasing, so does the need for lower latency networking systems,' said Paul Pittelli, NSA Deputy Director, Trusted Engineering Solutions. 'That's where Layer 2 encryption comes in - it allows network administrators to achieve higher and higher degrees of throughput while efficiently protecting user data.'

With the NSA's certification of its Layer 2 Ethernet encryptors, Raytheon has begun filling its backlog of product orders. The KG-350 is available for sale through Government IDIQ contracts or via direct purchase from Raytheon.

Learn more about Raytheon's KG-350 Ethernet Encryptor here.

About Raytheon

Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Follow us on Twitter.

Media Contact

John Barksdale

+1.310.658.9547

saspr@raytheon.com

SOURCE Raytheon Company

(c) 2016 Electronic News Publishing -, source ENP Newswire

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Financials ($)
Sales 2016 24 398 M
EBIT 2016 3 167 M
Net income 2016 2 160 M
Debt 2016 2 230 M
Yield 2016 2,09%
P/E ratio 2016 19,03
P/E ratio 2017 17,63
EV / Sales 2016 1,77x
EV / Sales 2017 1,70x
Capitalization 41 001 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 145 $
Spread / Average Target 5,2%
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Thomas A. Kennedy Chairman & Chief Executive Officer
Anthony F. O'Brien Chief Financial Officer & Vice President
Kevin Neifert Chief Information Officer
Michael C. Ruettgers Independent Director
William R. Spivey Independent Director
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