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Daily Archives: November 3, 2008

U.S. Air Force Awards Raytheon $5.7 Million Contract Option for Maverick Missile Upgrades

TUCSON, Ariz., Nov. 3, 2008 /PRNewswire/ — Raytheon Company (NYSE: RTN) was awarded a $5.7 million contract option to upgrade software on the AGM-65 H/K TV-guided Maverick air-to-surface missile.

“The software retrofit improves pilots’ ability to visually identify and engage… Continue reading

FAA Selects Avionics Manufacturers for NextGen Technology

WASHINGTON, D.C. — Acting Federal Aviation Administration (FAA) Administrator Robert Sturgell today announced that the agency has signed a $9 million agreement with two companies to accelerate the testing and installation of NextGen technology.

Teams led by Honeywell and Aviation… Continue reading