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

Delayed Quote. Delayed  - 07/25 10:02:04 pm
135.56 USD   -0.03%
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Raytheon : developing next-generation networking technology to allow seamless airborne communications

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07/25/2016 | 02:31pm CEST

CAMBRIDGE, Mass., July 25, 2016 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is developing new technologies to allow the next generation of manned and unmanned flying vehicles to communicate seamlessly, even in hostile environments. Under two contracts totaling $9 million, Raytheon BBN Technologies will deliver new networking solutions as part of the Defense Advanced Research Projects Agency's Dynamic Network Adaptation for Mission Optimization program, or DyNAMO.

The goal of DARPA's DyNAMO program is to allow pilots of different types of aircraft, with different sensor suites, to easily share information for a comprehensive view of the battlespace.

"Our team will develop two new capabilities," said Jason Redi, vice president for Raytheon BBN Technologies' Networking and Communications unit. "First, we will adapt radio parameters in reaction to changing information needs and conditions, so current and future airborne networks can communicate with each other. Second, we will create an efficient way to share information across and between networks that are currently incompatible so that applications operating on them can share relevant data."

Raytheon BBN Technologies is a wholly-owned subsidiary of Raytheon Company.

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, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter @Raytheon.

This document does not contain technology or technical data controlled under either the U.S. International Traffic in Arms Regulations or the U.S. Export Administration Regulations. RGEMS #E16-CMVW.

Approved for Public Release, Distribution Unlimited

Media Contact
Joyce Kuzmin
+1.617.873.8120
pr@bbn.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/raytheon-developing-next-generation-networking-technology-to-allow-seamless-airborne-communications-300302760.html

SOURCE Raytheon Company

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Financials ($)
Sales 2016 24 421 M
EBIT 2016 3 151 M
Net income 2016 2 135 M
Debt 2016 2 273 M
Yield 2016 2,13%
P/E ratio 2016 18,87
P/E ratio 2017 17,04
EV / Sales 2016 1,74x
EV / Sales 2017 1,67x
Capitalization 40 259 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 142 $
Spread / Average Target 4,8%
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NameTitle
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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