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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Raytheon Co | NYSE:RTN | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 116.96 | 0 | 01:00:00 |
From May 2019 to May 2024
By Michael Dabaie
Raytheon Co. (RTN) said it was selected by the Federal Aviation Administration to improve the usability and reduce operational costs for the Standard Terminal Automation Replacement System.
STARS is used by air traffic controllers to provide aircraft spacing and sequencing guidance for more than 40,000 departing and arriving aircraft daily at more than 600 civilian and military airports.
Raytheon said its STARS program has been deployed at 11 of the largest Terminal Radar Approach Control facilities that control 80% of U.S. air traffic, including New York, Dallas/Fort Worth, Denver, northern and southern California, St. Louis, Louisville, Minneapolis, Atlanta and Washington, D.C.
Raytheon said its STARS team will continue to work with the FAA to achieve a single national software and hardware baseline across the country by the middle of 2020.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
January 14, 2020 14:59 ET (19:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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