Raytheon Names VP Of Space Business

Defense contractor said veteran company executive, William Hart, has been appointed to head its space systems business.

EL SEGUNDO, Calif. (AP) -- Defense contractor Raytheon Co. said Friday it has appointed a veteran company executive to head its space systems business.

Raytheon, based in Waltham, Mass., said William Hart was named vice president of Raytheon's Space Systems, succeeding Brian Arnold, who was appointed vice president for space strategy.

Hart, who joined Raytheon in 1975, was a program management executive at the company's integrated defense systems business.

Arnold, a retired U.S. Air Force lieutenant general, is a former commander of the Space and Missile Systems Center at Los Angeles Air Force Base. He managed research, design, development and acquisition of space launch, command and control, missile and satellite systems.

Raytheon Space and Airborne Systems, based in El Segundo, Calif., manufactures military sensor systems.

Shares of Raytheon rose $1.16, or 2.3 percent, to $51.46 in morning trading.

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