Raytheon (NYSE:RTN) Completes Navy Testing

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tdp2664 E money daily Raytheon (NYSE:RTN) and the US Navy have completed the developmental testing of JSOW C-1. Raytheon (NYSE:RTN) Completes Navy Testing The US Navy has successfully completed the developmental testing of Raytheon (NYSE:RTN)'s Joint Standoff Weapon C-1 (JSOW C-1). The testing finished when the network enabled JSOW C-1 hit a small, fast-moving target ship located 25 nautical miles away from the F/A-18-F Super Hornet. Raytheon (NYSE:RTN)'s Missile Systems JSOW program director Phyllis McEnroe said, "The 280 Raytheon employees in Tucson, Ariz., and hundreds of supplier employees across the U.S. worked hard to make this test a success and demonstrate JSOW C-1′s ability to operate on the Link-16 network". Raytheon (NYSE:RTN) shares are currently standing at 48.55. Price History Last Price: 48.55 52 Week Low / High: 38.35 / 53.12 50 Day Moving Average: 47.04 6 Month Price Change %: 12.6% 12 Month Price Change %: -3.5%