Monday, Raytheon Co. (RTN) said it has won the first stage of a competitive, multi-phase U.S. Army award for the Integrated Battle Command System, or IBCS.
IBCS is a U.S. Army development program with a modular, open architecture, "system of systems" construct allowing air and missile defense warfighters to use any sensor and any shooter within an integrated fire control network.
Air and missile defense systems included in the IBCS program architecture are weapon and sensor systems already developed/produced by Raytheon, including: the Patriot air and missile defense system, Joint Land-Attack Cruise Missile Defense Elevated Netted Sensor System, or JLENS, Surface-Launched Advanced Medium-Range Air-to-Missile, or SLAMRAAM, the Sentinel Radar, and the Terminal High-Altitude Air Defense, or THAAD, radar.
The Waltham, Massachusetts-based company noted that its simulation and demonstration environment known as JFires, or Joint Force Interoperability and Requirements Evaluations SupraCenter, which helps develop, test, and evaluate joint warfighter capabilities in a cost-effective manner, contributed significantly to the Raytheon-led team's IBCS' design.
In a separate news release, Raytheon working in partnership with the Army, the Future Combat Systems Lead Systems Integration team of Boeing and Science Applications International, and BAE Systems, said it has passed a major milestone by completing successful stationary and moving target intercept tests for the FCS Active Protection System.
The tests, which include defeating multiple incoming projectiles simultaneously and while on the move, represent a significant step in design verification testing for the vertically launched system.
RTN is currently trading down 2.58% or $1.37 at $51.80 on a volume of 2.27 million shares on the New York Stock Exchange.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.