Sunday, May 17, 2009

Navy awards $260-million work to Raytheon


The U.S. Navy has awarded $260 million in additional work on a ship weapons system to Raytheon Missile Systems.

Sixteen percent of the work will be performed in Tucson. The rest will be divided between other Raytheon Co. sites in eight states.

Under changes to a previous contract, the company will perform upgrades and other work on the MK15 Phalanx Close-In Weapon System.

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