Author: Jay Clemens|| Date Published: June 30, 2016
Raytheon (NYSE: RTN) has received a $118.5 million contract to manufacture the ninth batch of miniature air-launched decoy jammer vehicles and support equipment for the U.S. Air Force.
The Defense Departmentsaid Wednesday the company™s missile systems business will produce the vehicles in Tucson, Arizona, through June 30, 2020.
MALD is a modular vehicle Raytheon designed to help the U.S. and its allies confuse hostile integrated air defense systems through information sent to enemy airspace.
The Air Force allocated the contract™s full amount from its fiscal year 2016 procurement, operations and maintenance funds at the time of award.
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Raytheon (NYSE: RTN) has received a $118.5 million contract to manufacture the ninth batch of miniature air-launched decoy jammer vehicles and support equipment for the U.S. Air Force.
