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Tuesday, November 19, 2013

Raytheon awarded US Navy contract for radar production

AN/SPY-1DRaytheon Company has been awarded a $406 million U.S. Navy multi-year contract to provide AN/SPY-1 radar transmitters and MK99 Fire Control Systems for the AEGIS program.

Both critical components of the weapon system, the AN/SPY-1 radar and MK99 perform the search, track and missile guidance functions for AEGIS, the shield of the U.S. Navy Fleet. The contract was awarded in Raytheon's third quarter.

"Through our long-standing role on the AEGIS program, we continue to build on our core radar expertise, consistently delivering reliable and highly-capable components to support the mission needs of naval fleets," said Kevin Peppe, vice president of Seapower Capability Systems for Raytheon's Integrated Defense Systems business.

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