16.09.2021 16:41

Raytheon (RTX) Wins $294M Deal for Communications Radios

Folgen
Werbung
Raytheon Technologies Corp.’s RTX business segment, Collins Aerospace, recently secured a modification contract, under which it will procure 8,085 AN/ARC-210(v) radios. The Naval Air Warfare Center Aircraft Division, Patuxent River, MD has awarded the agreement.Details of the DealValued at $294.1 million, the contract is projected to be completed in September 2024. Per the terms, the aforementioned radios will be installed in more than 400 strategic and tactical airborne, seaborne, and land-based (mobile and fixed) platforms.Work related to the contract will be executed in Cedar Rapids, IA.Importance of AN/ARC-210 RadiosThe AN/ARC-210(V) is an evolutionary family of software reprogrammable, multi-mode radios providing the warfighter with Line-Of-Sight (LOS) UHF/VHF (AM/FM) anti-jam secure voice/data communications and Beyond LOS Satellite Communications (SATCOM).More than 40,000 AN/ARC-210 radios are equipped globally on more than 200 platforms. This surely reflects the solid demand that this communication system enjoys worldwide.Raytheon’s Prospects in Military CommunicationsIncreasing geopolitical tensions across the globe have prompted nations to strengthen their defense systems manifold. Notably, military communications, including airborne, air-ground, underwater, ground-based, and shipborne communications, form an integral part of a nation’s defense system for safe and secured transmission of data. Consequently, interoperability and better security of military services are the factors driving the growth of the military communications market.  With North America constituting the largest portion of the global military communications market, buoyed by increasing technological advancements in the region, Raytheon enjoys an esteemed position in this market.Notably, modernized military communication systems and sophisticated software-defined radio technologies offered by Collins Aerospace provide advanced effectiveness in military communications. Also, the company’s military communication systems integrate seamlessly with existing platforms at very low operating costs.  These features must have made Raytheon’s military communication systems the preferred choice by Pentagon, as is evident from the latest contract win.Looking ahead, the global military communications market size is projected to grow from $33.4 billion in 2020 to $40.6 billion by 2025, at a CAGR of 4%, as predicted by the Markets and Markets research firm.  Such solid growth projections should boost Raytheon’s top-line performance in the coming days.What About Other Defense Majors?The aforementioned growth prospects of the global military communications market bode well for other defense primes, which are engaged in the communications market. These are:Lockheed Martin’s LMT next-generation communication systems include the Whetstone system developed to extend communications to soldiers out of range of conventional networks, Warfighter Information Network - Tactical (WIN-T) system that provides Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) capabilities, and a few more.L3Harris Technologies’ LHX product portfolio includes tactical SATCOM terminals, RO Tactical Radio as well as RO-Mobile Awareness program, which provide rapid, global push-to-talk and visual Situational Awareness capabilities for users in remote locations.For 60 years, Northrop Grumman NOC has been a leader in the design, development, and delivery of end-to-end communications and advanced networking capabilities sought out by the U.S. and allied military forces. The company’s leading Battlefield Airborne Communications Node (BACN) gateway system reached 200,000 combat operational flight hours in February 2021 since its first deployment with the U.S. Air Force in 2008.Price PerformanceIn the past year, Raytheon Technologies’ shares have gained 35.1% compared with the industry’s 26% growth.Image Source: Zacks Investment ResearchZacks RankRaytheon Technologies carries a Zacks Rank #3 (Hold), at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Northrop Grumman Corporation (NOC): Free Stock Analysis Report L3Harris Technologies Inc (LHX): Free Stock Analysis Report Raytheon Technologies Corporation (RTX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
Weiter zum vollständigen Artikel bei "Zacks"
Quelle: Zacks

Nachrichten zu Raytheon Co

  • Relevant
  • Alle
  • vom Unternehmen
  • Peer Group
  • ?

Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu Raytheon Co

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
29.03.2018Raytheon Equal WeightBarclays Capital
26.01.2018Raytheon BuyStifel, Nicolaus & Co., Inc.
29.09.2017Raytheon BuyDeutsche Bank AG
12.01.2017Raytheon OutperformRBC Capital Markets
28.10.2016Raytheon HoldDeutsche Bank AG
26.01.2018Raytheon BuyStifel, Nicolaus & Co., Inc.
29.09.2017Raytheon BuyDeutsche Bank AG
12.01.2017Raytheon OutperformRBC Capital Markets
06.10.2016Raytheon OutperformRobert W. Baird & Co. Incorporated
29.04.2016Raytheon Top PickRBC Capital Markets
29.03.2018Raytheon Equal WeightBarclays Capital
28.10.2016Raytheon HoldDeutsche Bank AG
02.05.2016Raytheon Equal WeightBarclays Capital
30.11.2015Raytheon Equal WeightBarclays Capital
13.09.2012Raytheon neutralUBS AG
22.03.2007Raytheon DowngradeGoldman Sachs
07.04.2006Update Raytheon Co. (B): UnderperformCredit Suisse First Boston

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Raytheon Co nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"

Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"

Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen

Jetzt noch kostenlos anmelden!

Im B2B-Seminar am Montag um 11 Uhr zeigen Ihnen die Investment-Experten Victoria Arnold und Dr. Manuel Bermes den neuen Anlagestandard in Krisenzeiten für mehr Rendite und Stabilität Ihres ETF-Portfolios.
Jetzt kostenlos anmelden!
Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub
Werbung

Heute im Fokus

US-Börsen letztlich uneins -- DAX geht stärker ins Wochenende -- Continental senkt Ausblick 2021 -- Snap enttäuscht Anleger -- Intel steigert Umsatz und Gewinn -- Evergrande, American Express im Fokus

Powell: Drosselung der Anleihekäufe sollte Mitte 2022 abgeschlossen sein. Goldman gewährt CEO Solomon und President Waldron einmaligen Bonus. Facebook schließt Lizenz-Vereinbarung mit französischen Verlagen. Honeywell senkt Umsatzprognose 2021. Schlumberger kehrt mit Wachstum deutlich in die Gewinnzone zurück. Siemens Energy zieht sich aus Wasserkraft-JV mit Voith zurück.

Umfrage

Wo steht der DAX zum Jahresende?

finanzen.net zero
finanzen.net zero

Oskar

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln