Raytheon gets $20.6M Navy deal |
|
|
|
Published
:
Fri, 01 Jun 2007 00:16
|
WASHINGTON (AP) - The Navy on Thursday awarded a $20.6 million contract boost to a unit of Raytheon Co. for a next-generation military satellite communications terminal.The terminal will be used onboard submarines, ships, and shore installations to provide an interface to facilitate communications among several satellite programs.If all options are exercised, the pact could be worth up to $959.9 million and last through 2015.Raytheon will perform the work in Largo, Fla. and Marlborough, Mass.Shares of Raytheon fell 19 cents to $55.41 in extended trading, after rising 64 cents to close the regular session at $55.60.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
Print this Story
Raytheon finalizes 184 mln usd radar equipment contract 