This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

A Gem Of A Story For Valentine's Day: Making Diamonds To Protect

ANDOVER, Mass., Feb. 14, 2013 /PRNewswire/ -- Diamonds may no longer be just a girl's best friend. Sixty years after Marilyn Monroe's musical ode to them, the military is showing interest in the synthetic version of these classic gems.

(Photo: http://photos.prnewswire.com/prnh/20130214/NE60595 )

Sheets of laboratory-grown diamond, combined with the semiconductor gallium nitride (GaN), could someday become the core of future-generation radar, communications and electronic warfare systems. Such components could save huge amounts of electricity, space and fuel.

"Diamonds aren't just pretty," said Ralph Korenstein, who runs Raytheon's diamond laboratory in Andover, Mass. "They have a practical use. You can see farther, you can get more power."

Raytheon's "diamond mine" lies deep inside the Integrated Air Defense Center, the sprawling factory 20 miles northwest of Boston that produces some of Raytheon's best-known products, including the Patriot air and missile defense system and the AN/TPY-2 radar. Click here for a look inside: http://bit.ly/WKYPE5

The diamond lab is famous among workers at the plant, especially around Valentine's Day.

As Raytheon's diamond operation attracts more attention, Korenstein said he's gotten used to the co-workers who jokingly request earrings or a ring.

"I have people try to put in orders with me," Korenstein said. "But we're not in the jewelry business."

Read the full version of this story and see photos of the diamond lab here: http://bit.ly/WKYPE5

www.raytheon.com

Media Contact: David Desilets781-522-5855

SOURCE Raytheon Company
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,751.39 +121.12 0.69%
S&P 500 2,108.57 +15.32 0.73%
NASDAQ 5,111.7330 +22.5270 0.44%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs