Digg icon reddit icon Stumbleupon icon
Print Email     Print Edition Stories

Wednesday, November 17, 2010

Raytheon hits on $240M weapons deal

By Kyle Alspach

Raytheon Co. has won a $240 million contract to produce components of the Aegis weapons system for naval destroyers, the company announced Wednesday.

Raytheon Integrated Defense Systems, the company’s Tewksbury-based arm, will provide the production, engineering and support services for the components, which will be used by four ship sets in the Arleigh Burke class of destroyers.

The components include radar and fire control system equipment, which Waltham-based Raytheon said is crucial to the Aegis weapon system’s ability to track and defend against multiple threats, including planes and missiles.

Work under the contract will be performed at two locations in Massachusetts — Raytheon’s Surveillance and Sensors Center in Sudbury and Integrated Air Defense Center in Andover. The Seapower Capability Center in Portsmouth, R.I., will also perform work, Raytheon (NYSE: RTN) said.

The contract contains options for additional work, according to Raytheon.

Raytheon Integrated Defense Systems previously won contracts related to Aegis worth $16 million in 2009 and $45 million in 2007.

 

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

Digg icon reddit icon Stumbleupon icon
Contact Editor Latest News

Tech Pulse Poll

Should RI officials have approved the $75M loan to 38 Studios?



View Results

Stay Informed
Check which newsletter you'd like to receive.
TechFlash (Daily)
BioFlash (Daily)
GreenFlash (Weekly)
Startup Report (Weekly)
Breaking news, MHT events, local announcements
RSS feeds
Your email:

Affiliate publications: ACBJ.com, Boston Business Journal, Bizjournals.com, Portfolio.com, Wired.com

Web Site Developed by Neptune Web, Inc.

Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement and Privacy Policy. About our ads.