Raytheon (RTN) Declares $0.7975 Quarterly Dividend; 2% Yield

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Raytheon (RTN) Secures $28M Contract from U.S. Navy from Variable Depth Sonar

May 23, 2017 9:07 AM EDT

The U.S. Navy has selected Raytheon Company (NYSE: RTN) to provide the new Variable Depth Sonar for the Littoral Combat Ship class. The $27.9 million contract followed a study and product assessment phase during which Raytheon proved the solution's features and capabilities met all of the Navy's design and performance requirements. A mission-critical anti-submarine... More