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Raytheon Co. reports it has landed $886 million from the U.S. Air Force to develop technology to improve the accuracy of GPS satellite information.
The deal comprises the first two segments of the advanced control segment (OCX) project, which will include anti-jamming and improved security and accuracy features. OCX will also be based on a service-oriented architecture to integrate open-system standards from government and industry, the Waltham-based company said.
The technology is intended to make it easier for personnel to control GPS satellites, Raytheon (NYSE: RTN) said.
In December, Raytheon landed two contracts worth more than $1 billion from the U.S. Army to provide Patriot missiles for Taiwan. The total comprises two foreign military sales deals, a $965.6 million contract for the ground system hardware and another contract worth $134.4 million for spare parts.
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