Raytheon to Produce Advanced EW Systems Under $591M Navy Contract
Raytheon, an RTX business, secured a $590.8 million fixed-price incentive, cost-plus-fixed-fee contract from the U.S. Navy for the low-rate initial production of 13 Next Generation Jammer Mid-Band ship sets for the service branch and the Royal Australian Air Force. The Department of Defense said Tuesday that production will continue through January 2028, with Raytheon also supplying associated […] More