Raytheon Wins $88 Million Extension from NGA; Steve Hawkins Comments

Raytheon Company (NYSE: RTN) picked up a one-year, $30 million extension for the Information Assurance Services (IAS) contract from National Geospatial-Intelligence Agency.

The extension has a total value of $88.7 million if all options are exercised.

Raytheon provides NGA with experienced IA professionals to answer “evolving cybersecurity attack vectors.”

“Raytheon IA Services has assembled a best-in-class team of professionals, ” said Steve Hawkins, vice president of Raytheon’s Information Security Solutions business. “We will continue to provide NGA with the highest-quality security engineering talent required to combat the sophisticated and evolving cyber threat.”

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