Raytheon Wins $106M for Aegis Radar Equipment; Denis Donohue Comments

Raytheon Co. (NYSE: RTN) has won a $106.4 million contract modification to produce radar equipment for the U.S. Navy’s Aegis system, the company announced Tuesday. The company will provide the branch with the AN/SPY-1(D)V radar transmitter and the MK99 Mod 14 fire control system. Denis Donohue, director of above water sensors, said the company has supported the Navy’s Aegis program for...