Home / Contract Awards / Raytheon Wins $886M GPS Deal from Air Force

Raytheon Wins $886M GPS Deal from Air Force

Raytheon Company (NYSE: RTN) has won an initial contract of $886 million from the U.S. Air Force to develop a new element of the Global Positioning System to improve the accuracy of information from GPS satellites.

The contract represents the first two development blocks of the advanced control segment (OCX), which will have a significant impact on GPS capabilities. The OCX will include anti-jam capabilities and improved security, accuracy and reliability and will be based on a modern service-oriented architecture to integrate government and industry open-system standards.

“We are excited to partner with the Air Force to provide the best-value GPS control system for the future, ” said Lynn Dugle, president of Raytheon’s Intelligence and Information Systems business. “Raytheon’s broad experience in delivering satellite-to-ground command-and-control systems will ensure that our nation’s military and civil GPS users worldwide are provided new capabilities.”

Check Also

Adaptas to Buy Applied Kilovolts, Analytical Instrumentation Business From L3Harris

Adaptas Solutions, an Ampersand Capital Partners portfolio company, has agreed to purchase an L3Harris Technologies subsidiary and business unit that manufacture power supplies designed for analytical equipment.

Sikorsky Books $500M Lot 2 Combat Rescue Helicopter Production Contract

The U.S. Air Force has awarded Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary a potential $500M contract to continue low-rate initial production of new combat rescue helicopters.