Raytheon Wins $120 Million NASA Contract

Raytheon (NYSE: RTN) has received a contract valued up to $120 million to support facilities and operations for astronaut training at NASA’s Johnson Space Center (JSC) and Sonny Carter Training Facility in Houston.

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According to the firm, “under the contract, RTSC will operate, maintain, and perform engineering services for equipment and software used at the Neutral Buoyancy Laboratory (NBL) and Space Vehicle Mockup Facility (SVMF). The contract begins Oct. 1, 2010, and ends Sept. 30, 2015, if all options are exercised. ”

Raytheon highlighted its ability to bring safety and solutions into the picture.

“The Raytheon team places a premium on safe operations, working closely with our customer, and ultimately providing astronauts and their flight support teams with the skills and solutions needed to achieve mission success, ” said Bill Toti, vice president of mission support operations. “NBL and SVMF are world-class astronaut training facilities, and our continued partnership with NASA gives us an opportunity to innovate and optimize the facilities for commercial application.”

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