Showing posts with label Raytheon Arms sales. Show all posts
Showing posts with label Raytheon Arms sales. Show all posts

31/07/2008

Raytheon recruits top US General as Vice-President

Raytheon Network Centric Systems Names Green VP Joint Operations And Integration
http://www.spacedaily.com/reports/Raytheon_Network_Centric_Systems_Names_Green_VP_Joint_Operations_And_Integration_999.htmlby Staff Writers, Mckinney TX (SPX) Jul 29, 2008

Raytheon's Network Centric Systems has named Stanley E. Green vice president for joint operations and integration. Green will be responsible for the full range of transformation and business initiatives involving the Joint Chiefs of Staff, joint operations, Joint Forces Command, and the military component commands in the Tidewater, Va., area. He will be based at NCS headquarters in McKinney."Stan Green brings a wealth of expertise to our business development team," said Jack Costello, NCS vice president for business development and strategic planning."

His experience in uniform, in war and peace, and with the government interagency process makes him a perfect fit for this position, and we look forward to his contribution as the head of our joint operations efforts."

Green joins Raytheon after more than 37 years in the Army from which he retired in the rank of lieutenant general.I n his most recent assignment, he served as the Inspector General of the Army -- one of the most carefully chosen positions in the service -- where he was responsible for monitoring, inspecting and periodically reporting on various aspects of discipline, efficiency, morale, training, and readiness in the Army.In that capacity, he reported directly to the secretary of the Army and the chief of staff of the Army.

His military and leadership experience also includes numerous senior staff positions, both in the Army and at the Joint level. He distinguished himself as the chief of staff of the Eighth U.S. Army, U.S. Forces, Korea, where he regularly worked with the United Nations and the Department of State.He was the deputy chief of staff for doctrine at the Army's Training and Doctrine Command where he was responsible for developing and distributing Army warfighting doctrine, and where he was instrumental in developing initial doctrine for the Army's Future Combat System.He also served as the deputy Inspector General of the Army, and as the commanding general of the United States Army Air Defense Artillery Center and Fort Bliss, Texas, where he was responsible for the Army's air defense branch.Green has a bachelor's degree in political science from the University of Texas, El Paso, and master's degrees in management from Webster University and in Strategic Studies from the National War College.

13/07/2008

Raytheon want to use training as a means of expansion amd arms sales.

Note The Metrix-WAG presentation for "key stakeholders" is from 6-7.30 pm Mon 14th July at the Methodist Church "Gathering Place", St Athan centre. See below*

Shows how Raytheon want to use training as a means of expansion amd arms sales. Protest now!!! Write to your AM, MP today

http://www.bloomberg.com/apps/news?pid=20601102&sid=a6X0tNLjSjQM&refer=uk This
……Next week's event allows Raytheon to highlight its role in the Metrix team that won a 16 billion pound ($31.5 billion) contract from the U.K. Ministry of Defense in 2007, Teel, 63, said. That work has drawn interest from North Atlantic Treaty Organization allies and from customers in the Middle East, he said.

Raytheon Says New Training Division Will Build on NASA, GM Work
By Edmond Lococo

july 9 (Bloomberg) -- Raytheon Co., the defense contractor that helped train astronauts and Mr. Goodwrench mechanics, plans to capture a larger share of the $9 billion professional instruction market, a company executive said.

Raytheon, maker of the Tomahawk missile and Patriot air- defense systems, next week will open a global training division to consolidate business previously spread across the company, said Steve Teel, senior vice president for strategic initiatives. The unit will use expertise culled from working with NASA and General Motors Corp. to pursue commercial and military customers worldwide, he said.

``It was a matter of coming to the realization that training was part of our business, and that we had world-class capabilities,'' Teel said in a June 30 interview.

The company will unveil the unit at the Farnborough International Air Show near London, Teel said.

Training services added about $550 million to last year's sales, or 2.6 percent of Waltham, Massachusetts-based Raytheon's revenue. International growth will help lift training-services sales by more than 6.5 percent annually, Teel said.

The Global Training Solutions unit provides curriculum development, instructor-led training, manuals and simulators. For the National Aeronautics and Space Administration, Raytheon helps run a laboratory at the Johnson Space Center in Houston that prepares astronauts for spacewalks in a pool filled with underwater mockups. The company also helps operate a facility that features life-size models of the space shuttle and the space station interior.

`Mr. Goodwrench'

For Detroit-based GM, Raytheon has managed the Service Technical College that trains most technicians in the carmaker's Mr. Goodwrench program. The system has prepared 65,000 technicians for work at 7,000 dealerships in North America.

Raytheon redesigned training from a 98 percent instructor- based technique to one that blends Web-based methods and instruction by satellite. Customers include Pfizer Inc., the world's largest drug company, and Kia Motors Corp., South Korea's second-largest automaker, Teel said.

About 1,500 Raytheon workers are employed in training services, or 2.1 percent of the global staff.......Next week's event allows Raytheon to highlight its role in the Metrix team that won a 16 billion pound ($31.5 billion) contract from the U.K. Ministry of Defense in 2007, Teel, 63, said. That work has drawn interest from North Atlantic Treaty Organization allies and from customers in the Middle East, he said.

Raytheon has a similar training role with the Army through a $11.2 billion program that provides live and computer-based training. Raytheon competes against training-services suppliers such as International Business Machines Corp. and Accenture Ltd.

To contact the reporter on this story: Edmond Lococo in Boston at elococo@bloomberg.net.

Last Updated: July 9, 2008 00:01 EDT

See also

http://www.walesonline.co.uk/news/wales-news/2008/07/08/new-homes-in-peril-as-1-100-jobs-axed-91466-21303481/ This article also refers to DTR. In their new blurb Metrix say they plan to build 559 new homes. Thats not bad for the 5000 new jobs and families they promise !!


01/02/2008

Raytheon doing well out of war - arms sales up!

Raytheon profits: We pay!

Raytheon, L-3, Alliant Profits Rise on Demand From Iraq War
Bloomberg - USA Jan 31 (Bloomberg) -- US defense companies Raytheon Co., L-3 Communications Holdings Inc. and Alliant Techsystems Inc. said profit rose more than analysts' ...

U.S. defense companies Raytheon Co., L-3 Communications Holdings Inc. and Alliant Techsystems Inc. said profit rose more than analysts' projected and boosted forecasts as the Iraq war lifted sales of combat systems and services.

Raytheon, the world's largest missile maker, said a tax gain and rising revenue lifted profit from continuing operations 84 percent to $634 million, or $1.45 a share. L-3, the biggest provider of translators to the U.S. Army, said net income gained 19 percent, while Alliant, the largest maker of bullets for M-16 rifles, said earnings rose 14 percent. War funding is benefiting all three companies as the U.S. spends $12 billion a month in Iraq and Afghanistan. President George W. Bush will request $70 billion more for the wars in his fiscal 2009 budget to Congress next week. Raytheon is the last of the five top U.S. defense contractors to report profit for the just-ended quarter, with all meeting or surpassing analysts' projections.

UPDATE 1-Raytheon profit up on arms sales, raises forecast
Reuters - NEW YORK, Jan 31 (Reuters) - Raytheon (RTN.N: Quote, Profile, Research) said on Thursday fourth-quarter profit rose 64 percent, helped by higher sales of

MoD denies combat training is being cut Feb 1 2008. The Guardian today says...The army and marines are so stretched that exercises and what defence sources call "non-essential training" are being scrapped. However, the Ministry of Defence yesterday denied a report that combat training for new recruits bound for Afghanistan was being cut by half.

Ministry of Defence Annual Report and Accounts 2006-07 HC 61 on Monday 28 January 2008.

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