Raytheon Wins $191M for Air Force Targeting System

Raytheon Co. (NYSE: RTN) has won a $191,009,635 contract to supply a military targeting system and associated accessories to the U.S. Air Force, the Defense Department announced Friday. The Waltham, Mass.-based firm will provide a Multi-Spectral Targeting System Model B turrets, high-definition electronic units, containers and shop replaceable units. Work will occur in McKinney, Texas and the Pentagon...