U.S. arms maker Raytheon Co is in talks to buy network-security company Websense Inc, owned by private-equity firm Vista Equity Partners LLC, Bloomberg reported citing people familiar with the matter.
Raytheon Co (RTN.N) beat out Lockheed Martin Corp (LMT.N) and Northrop Grumman Corp (NOC.N) for a contract to build a next-generation long-range radar system for the U.S. Air Force, the U.S. Defense Department said on Monday.
The U.S. State Department has approved a $1.75 billion sale to Saudi Arabia to upgrade its Patriot air defense system with PAC-3 missiles, a deal that would benefit Lockheed Martin Corp (LMT.N) and Raytheon Co (RTN.N), the Pentagon said Wednesday.
Raytheon Co.'s deal worth US$279 million with the US Navy for a radar-jamming opened a way for US$7.4 billion worth of project.
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
U.S. Senator John Kerry and his wife intend to divest holdings in dozens of companies to avoid conflicts of interest if he is confirmed as U.S. secretary of state