Raytheon Awarded $160 Million Contract
Defense contract Raytheon has won a $160 million contract extension to continue working on the Block IIA Standard Missile 3 for the Missile Defense Agency. (Source)
The U.S. Army recently awarded Raytheon a $17.2 million contract modification to assist with upgrades to South Korea’s Patriot Air and Missile Defense System. Specifically, Raytheon will provide the country with an alternative power source for the Patriot system and communications equipment.
