Raytheon rakes in million-dollar contracts
Aug 1, 2006 12:00 PM
Raytheon has been awarded a five-year, $75 million contract for ongoing mission support for 300 satellite communications systems installed throughout the U.S. Navy fleet. The company will be responsible for upgrading terminals and keeping them in service throughout their life. It also will be responsible for below-deck electronics and above-deck antennas.
In other news, the company won an initial $38 million contract from the Global Positioning Systems Center to design next-generation global positioning receivers, which will employ the M-code military signal and work with legacy systems, the company said.
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