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Raytheon gets $15.4M Navy deal


Published :
Thu, 15 Nov 2007 20:18
By : Agencies
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TEWKSBURY, Mass. (AP) - Raytheon Co. said Thursday it received a $15.4 million Navy deal to deliver three more helicopter-borne undersea sensors to detect submarines.

Raytheon's sensors will be equipped on the MH-60, a multi-mission helicopter built by Sikorsky Aircraft, which is a division of United Technologies Corp.

The sensors will provide the Navy will submarine detection, tracking and classification, as well as intercept acoustics and underwater communications, Raytheon said.

Work will be performed at Raytheon's Maritime Mission Center based in Portsmouth, R.I.

Shares of Raytheon added 53 cents to $62.37 in afternoon trading.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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