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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (10335)7/31/2002 4:47:57 PM
From: hotlinktuna  Respond to of 16631
 
Right Dave....I took a gain on IVX yesterday but missed that nice move today as I never even put it on my screen...tuna



To: Dave Gore who wrote (10335)7/31/2002 11:14:50 PM
From: Frederick Langford  Respond to of 16631
 
A few more like this and off we go:

Raytheon Awarded Installation and Integration Contract Potentially Worth $97 Million

RESTON, Va., Jul 31, 2002 /PRNewswire via COMTEX/ -- Raytheon Company (NYSE: RTN) has been awarded a contract from Harris Corporation to provide installation and integration services to the Federal Aviation Administration (FAA) under its recently awarded FAA Telecommunications Infrastructure (FTI) contract. The potential value to Raytheon of the indefinite-delivery, indefinite-quantity subcontract is approximately $97 million, including options.
The FTI program will integrate and modernize the FAA's telecommunications infrastructure -- which will offer a wide range of voice, data and video telecommunications services to support critical air traffic control requirements -- at more than 5,000 FAA facilities throughout the United States.

Under the contract, Raytheon Technical Services Company (RTSC) will provide management support, engineering support and field technical services for installation, testing and maintenance of equipment at FAA facilities nationwide. RTSC will conduct site surveys, perform site design and implement, verify and maintain equipment.

"Raytheon has enjoyed a long-term partnership with the FAA in the development of numerous air traffic control systems and has provided quality service to the FAA for more than 75 years," said Bryan J. Even, a vice president of Raytheon Company and president of Raytheon Technical Services Company. "We are delighted to be a member of the talented team Harris has assembled and proud to continue supporting the FAA's critical role managing the U.S. National Airspace System to ensure U.S. air transportation is the safest in the world."

Raytheon Technical Services Company, a subsidiary of Raytheon Company, provides technical, scientific and professional services for defense, federal and commercial customers worldwide. It specializes in management, operation and maintenance of customer facilities, equipment and systems; logistics and life-cycle support; overhaul and repair depot operations; engineering, logistics and personnel support; space and earth sciences; test and training range support; and privatization of government services.

With headquarters in Lexington, Mass., Raytheon Company is a global technology leader in defense, government and commercial electronics, and business and special mission aircraft.

Contact:
Kristen Giddens
703.295.2535