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Tuesday, April 23, 2013
Raytheon awarded $81.7 million production contract for Miniature Air Launched Decoy - Jammer units
The U.S. Air Force awarded Raytheon Company (NYSE: RTN) a firm-fixed-price $81.7 million option for Lot 6 on the Lot 5 contract for the production and delivery of 202 MALD®-J jammers and containers. The contract also includes a 10-year warranty.
The contract was awarded in Raytheon's first quarter of 2013.
"MALD-J adds a jamming capability to the current decoy function of the MALD that disrupts enemy integrated air defense systems using jamming and radar signature technology," said Harry Schulte, vice president of Air Warfare Systems for Raytheon Missile Systems.
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