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AAP: Raytheon Selected for $218M Australia Test Range System Update Contract

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Raytheon’s (NYSE: RTN) subsidiary has been awarded an estimated $218 million contract to update monitoring and sensor systems at the Woomera test range in the country’s southern region, Australian Associated Press reported Monday. Max Blenkin writes the 47,177-square-mile military facility currently houses missiles, unmanned aircraft and manned aircraft used for test exercises carried out by …

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