Raytheon Awarded $27 Million for Missile Defense Support

Raytheon Awarded $27 Million for Missile Defense Support:

"TEWKSBURY, Mass., March 23, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $27 million contract by The Boeing Company to support the Ground Based Midcourse Defense (GMD) program.

This six-month bridge effort for the follow-on GMD Core Completion Contract allows for the continued evolution, maturation, test, and verification of the Raytheon-built X-Band Radar aboard the Boeing-developed Sea-Based X-Band Radar vessel, the Upgraded Early Warning Radars at Beale Air Force Base, Calif., and at Fylingdales, England, and the Cobra Dane Upgrade Radar at Shemya, Alaska, in support of the Ballistic Missile Defense System (BMDS)."