Friday, April 29, 2011

Raytheon (NYSE:RTN) Signs Cyclone Power Deal

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tdp2664 E money daily Raytheon (NYSE:RTN) has signed a deal with Cyclone Power for all-fuel engines. Raytheon (NYSE:RTN) Signs Cyclone Power Deal Raytheon (NYSE:RTN) Integrated Defense Systems has signed a deal with Cyclone Power Technologies to partner on developing a version of the all-fuel Mark V “clean-tech” engine. According to Cyclone Power, the engine has a thermal efficiency of over 30 percent and produces fewer emissions than a modern gas or diesel internal-combustion engines. The initial deal with Raytheon (NYSE:RTN) is for an engine that Cyclone is referring to as the MantaRay, and is a modified version of its Mark V engine. Raytheon (NYSE:RTN) stocks are currently standing at 49.25. Price History Last Price: 49.25 52 Week Low / High: 42.65 / 59.75 50 Day Moving Average: 50.59 6 Month Price Change %: 4.1% 12 Month Price Change %: -16.6%



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