| Author |
Message |
    
Michael H. Standart
Moderator
Username: mstandart
Post Number: 12641
Registered: 12-2000
| | Posted on Wednesday, April 25, 2007 - 6:41 am: | 
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Raytheon Press Release:
Raytheon Finalizes $184 Million Radar Equipment Contract
quote:TEWKSBURY, Mass., April 24, 2007 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has finalized a $184 million U.S. Navy contract for radar
equipment for the Royal Australian Navy's Air Warfare Destroyer (AWD) and
the Spanish Navy's F-105 Frigate.
Under the Foreign Military Sales contract, Raytheon IDS will
manufacture, integrate and test AN/SPY-1 D(V) system transmitters and MK99
Fire Control Systems for the AWD and F-105 programs. The so-called
"definitized" contract reflects the fully negotiated firm fixed price and
includes an increase in funding over the original $72 million contract
awarded June 2006.
For the rest of the press release, go to http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=149999&TICK=RTN&STORY=/www/story/04-24-2007/0004572363&EDATE=Apr+24,+2007
Cordially,
Michael H. Standart
Equal Opportunity Curmudgeon
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