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Raytheon to pay fine for U.S. export control violations

WASHINGTON (Reuters) - Raytheon Co <RTN.N>, one of the largest U.S. weapons makers, has agreed to pay $8 million in civil penalties to resolve hundreds of alleged violations of U.S. export control laws over the past decade, the U.S. State Department said on Tuesday.Full story

Raytheon reorganizing, will save $85 million and cut 200 jobs

WASHINGTON (Reuters) - Waltham, Massachusetts-based Raytheon Co <RTN.N> said on Monday it will pare its business units down to four starting on April 1 to boost productivity and lower costs, resulting in annual savings of about $85 million and the elimination of 200 jobs. Full story

Engineering Contest Challenges Kids to Fix School

Think back to when you were a kid in school. What bugged you? A locker that was too small to fit your backpack? How about the stench that filled the hallways when students tackled their first dissections? Full story

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Raytheon says aces missile-detection tests in U.S

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Defense cutbacks crimp Lockheed, Raytheon results

Air Force revamps Raytheon missile contract

Related Photos

RAYTHEON COMPANY COBRAS
RAYTHEON COMPANY COBRAS

Raytheon's fleet of Cobra Unmanned Aircraft Systems are FAA airworthy certified.

Handout photo of Raytheon's JLENS aerostat is pictured at the White Sands Missile Range
Handout photo of Raytheon's JLENS aerostat is pictured at the White Sands Missile Range

A Raytheon Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System aerostat is pictured at the White Sands Missile Range, New Mexico, in this February 24, 2012 photo obtained on February 1, 2013. REUTERS/John Hamilton/DVIDS/Handout

One of Raytheon's Integrated Defense buildings is seen in San Diego
One of Raytheon's Integrated Defense buildings is seen in San Diego

One of Raytheon's Integrated Defense buildings is seen in San Diego, California January 20, 2011. REUTERS/Mike Blake