News Listings for raytheon company

  • Blenheim Capital sets up Kuwaiti turboprop lessor

    News | 24 Feb 2010 11:39 | Olivier Bonnassies

    Blenheim Capital and Raytheon used offset funding to support the creation of the new Kuwaiti owned aircraft leasing business focused on the turboprops
  • Hawker 4000

    News | 03 Dec 2007 00:00

    <H2 style="BACKGROUND: #423a6b; FONT: bold 14px Verdana, Arial, sans-serif; COLOR: #ffffff">&nbsp;&nbsp;Hawker 4000</H2> <DIV style="BACKGROUND: url( no-repeat left bottom; FLOAT: left; PADDING-BOTTOM: 10px; MARGIN: 0px 0px 10px; WIDTH: 460px"> <H4 style="PADDING-RIGHT: 8px; PADDING-LEFT: 10px; BACKGROUND: url( no-repeat left top; PADDING-BOTTOM: 4px; MARGIN: 0px; PADDING-TOP: 6px"><A title="" href=";lang=en&amp;file=/en/3_0/3_2/3_2_3/3_2_3.jsp" target=_blank></A><FONT size=1><A title="" href="" target=_blank></A><IMG style="FLOAT: left; MARGIN: 8px 5px 5px 8px; OVERFLOW: auto; WIDTH: 200px; HEIGHT: 44px" alt="hawker beechcraft logo" src="../assets/getAsset.aspx?ItemID=21021" border=0>&nbsp; <P style="FONT: 10px/14px Verdana, Arial, sans-serif; COLOR: #666">The appeal of the Hawker 4000
  • Mega trading exchange set up by aerospace giants

    News | 28 Mar 2000 22:23 | Simon Warburton

    <BODY LINK="#0000ff" VLINK="#800080"> <P>Four of the world's aerospace giants say they will form a global Internet trading exchange to process a potential combined procurement outlay of $71 billion by the middle of this year and add a potential IPO slated for sometime in 2001.</P> <P>In a transatlantic press conference conducted simultaneously today in New York and London, the four CEO's of Boeing, Lockheed Martin, BAE Systems and Raytheon Company, outlined their proposals to hook up with business-to-business (B2B) solutions provider, Commerce One, in a blockbuster trading exchange.</P> <P>Citing vast, potential cost savings from the trading exchange, all four CEO's maintain that the "single e-marketplace" can bring manufacturers, suppliers, airline and government customers together, to significantly lower transaction costs and extract ever greater value, even from competitive businesses.</P> <P>The aerospace companies have signed a memorandum of understanding (MOU) and expect to
  • Raytheon names ex-P&W Tookes to replace Wegner

    News | 08 Sep 1999 16:50 | Mary Kirby

    <BODY LINK="#0000ff" VLINK="#800080"> <P>Raytheon has appointed a former Pratt &amp; Whitney top executive to replace highly admired Raytheon Aircraft (RAC) chairman and CEO, Art Wegner, who after having helped grow RAC into a successful multi-billion dollar business, is set to retire next year.</P> <P>The company says that former Pratt &amp; Whitney Large Military Engines group president, Hansel Tookes, will initially fill the position of Raytheon Aircraft president and chief operating officer, reporting to Wegner, effective 27 September. </P> <P>But in six months, Wegner will relinquish his title of CEO to Tookes, who becomes the Wichita, Kansas-based RAC chairman in approximately one year, when Wegner leaves.</P> <P>Raytheon chairman and CEO, Daniel Burnham, says Wegner is remaining with Raytheon for the year to help lead a seamless transition.</P> <P>"Art Wegner has done a tremendous job growing Raytheon Aircraft into a successful $2.6 billion business," says Burnham, adding
  • AMRAAM purchase complete RAAF missile upgrade

    News | 06 Jan 1999 00:00

    <p>Peter La Franchi/CANBERRA </p> <p>The Australian Department of Defence has concluded separate deals with Matra BAe Dynamics and Raytheon Company for the acquisition of ASRAAM and AIM-120B AMRAAM missiles for carriage by the RAAF's F/A-18s. </p> <p>The two deals total more than A$130 million (U$S80 million). The ASRAAM deal will see the missile entering service from 2001, while the AMRAAM buy, worth nearly A$30 million, will provide an initial training capability at the same time. </p> <p>Australia is planning to make a separate warstock purchase of AMRAAM early in the next century, with the RAAF seeking funding approval as part of the country's defence budget for the financial year 1999-2000. </p> <p>The initial AMRAAM training capability will operate alongside the RAAF's existing warstocks of AIM-7M Sparrow missiles. </p> <p>Australia lodged a Foreign Military Sales application for AMRAAM with the US Department of Defense in March 1998, and the deal is understood to have been
  • Allied's Burnham to head Raytheon

    News | 17 Jun 1998 15:14 | Paul Richfield

    <BODY LINK="#0000ff" VLINK="#800080"> <P>AlliedSignal Aerospace president Daniel Burnham has resigned to become the president and chief operating officer (COO) of Raytheon Company, effective 1 July.</P> <P>On 1 December, Burnham will succeed Dennis Picard as Raytheon's CEO. Burnham joined AlliedSignal in 1982 as vice president and controller, was president of its aerospace sector from 1992 through 1997 and vice chairman since October 1997.</P> <P>"Dan has made very substantial contributions to the success of AlliedSignal during his 16 years with the company," says AlliedSignal chairman, Lawrence Bossidy. "He led AlliedSignal Aerospace through some of its most trying and later most successful times. We wish him only the best in his new position."</P> <P>AlliedSignal vice chairman, Fred Poses, will replace Burnham, assuming the roles of president and COO. Poses will oversee all of the company's aerospace businesses, in addition to Electronic Materials, Truck Brake Systems, Business