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Friday, September 11, 2009

Raytheon Awarded $19 Million Contract for Lightweight Torpedoes

Raytheon CompanyRaytheon Company has received a $19.3 million U.S. Navy contract to provide MK54 lightweight torpedo hardware.

With this award, Raytheon Integrated Defense Systems (IDS) is under contract to deliver 241 MK54 kits, of which 100 kits will be delivered to the Turkish Navy via a Foreign Military Sales agreement.

"We are working with our Navy customer and advancing the reliability and effectiveness of both light and heavyweight torpedoes," said Charles "Tom" Bush, IDS' vice president of Seapower Capability Systems.

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