jump to navigation

What is the definition of a Next-Generation Network, or NGN? May 28, 2009

Posted by HubTechInsider in Telecommunications.
Tags: , ,
add a comment

The term next-generation network is a term that has become more and more prevalent in telecommunications-industry publications and in the general technology and news media. The term actually has a very specific meaning in the telecom industry that I would like to clarify:

The rapidly declining cost of bandwidth, combined with the easy availability of powerful and cheap microprocessor technology, has brought to the fore the economies of scale that packet switching combined with statistical multiplexing afford, provided that a solution can be found to latency and packet loss.

In order to answer these challenges, next-generation networks have at their core two overriding concepts. First of all, a next-generation network supports QoS (Quality of Service) while being a fundamentally high-speed packet-based network which can carry and route a myriad of broadband services, including multimedia, video, data and voice.

Secondly, a next-generation network serves as a common application platform for services and applications that a customer base can access from anywhere across the network as well as outside it.

Raytheon lands three new missile deals and a radar contract from the US Military May 28, 2009

Posted by HubTechInsider in Defense Contracts.
Tags: ,
add a comment

Tewksbury-based Raytheon Corporation, with 72,000 employees and a reported 2008 net income of $1.7 billion on revenue of $23.2 billion, has landed three new missile deals and a new radar contract from the US military.

The company’s Integrated Defense Systems unit has landed $30 million from the U.S. Army for its surface-launched medium range air-to-air missile (SLAMRAAM).

Last week, landed a $54MM deal with the US Navy to retrofit Super Hornet block II aircraft with APG-79 active electronically scanned array radars.

Earlier this month, Raytheon’s Integrated Defense Systems division (IDS) landed two Patriot missile deals with the US Army. Under the first $115MM contract, Raytheon will upgrade radar components on four Patriot missile systems. The deal was awarded by the Army’s Aviation and Missile Command.

The second Raytheon IDS Patriot Missile contract, valued at $9MM, was awarded by the U.S. Army for Patriot missile maintenance. Under the contract, IDS will perform missile maintenance and facilities in the United States and at overseas locations.

Raytheon stock (stock symbol: RTN) is sliding as Congress debates the defense budget. But the market may be overlooking some basic facts: international contracts make up one fifth of the company’s revenues, the balance sheet of Raytheon is strong, and homeland security is the center of the company’s business.

Raytheon is debt-free and Raytheon generates strong cash flows. Margins, profitability, and consistency of earnings are all improving. The stock, recently at 46.07, is trading below its five-year price / earnings (PE) ratio of 15 and has a 2.5% dividend yield. Raytheon beat first-quarter expectations and raised its 2009 earnings per share (EPS) to between $4.55 and $4.70.

Disclaimer: I do not own stock in Raytheon, but I wish I did. I think it’s a good story and a great Massachusetts-based company. I wish they would hire me, but it doesn’t look like that’s going to happen. I even moved to Waltham, have applied a million times and nothing helps. (laughing)

%d bloggers like this: