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Raytheon Inks $84.7 Million Navy Deal

Raytheon Company (NYSE: RTN) has received an $84.7 million U.S. Navy contract for continued production of ALR-67(V)3 digital radar warning receivers, awarded by the U.S. Naval Air Systems Command.

The ALR-67(V)3 is the Navy standard for digital radar warning receiver technology. It is made for installation on all frontline, carrier-based F/A-18 E/F tactical aircraft and is key to the modernization programs for U.S. and international customers.

“This technology is fully integrated with all avionics equipment on the Super Hornet, ” said Scott Jackson, general manager of Raytheon’s electronic warfare systems product line. “Warfighters need its advanced functionality to support increasingly complex combat operations. The ALR-67(V)3 improves aircrew survivability by providing immediate and accurate situational awareness of the threat environment.”

Work is scheduled to take place at Raytheon facilities in Forest, Miss., and McKinney, Texas.

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