Dec. 31, 2012
/PRNewswire/ -- Raytheon Company (NYSE: RTN) is being awarded a not-to-exceed
modification to previously awarded fixed-price incentive, cost-plus-fixed-fee contract for deferred mission systems equipment for DDG 1000 and DDG 1001, scheduled critical DDG 1002 non-hatchable mission systems equipment, and non-recurring engineering applicable to mission system equipment design and development. The Naval Sea Systems Command,
, is the contracting activity.
The contract was announced by the Department of Defense on
Dec. 28, 2012
, and was awarded in Raytheon's fourth quarter.
Raytheon Company, with 2011 sales of
and 71,000 employees worldwide, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 90 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. Raytheon is headquartered in
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SOURCE Raytheon Company