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Raytheon, ATK Pick Up Army Deals

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded a $59, 994, 017 cost-plus-fixed-fee contract.  The award will provide for the support and sustainment, in all aspects, for the Rapid Aerostat Initial Deployment Legacy and Rapid Aerostat Initial Deployment Base Expeditionary Targeting and Surveillance Systems.  Work will be performed in Andover, Mass.; Huntsville, Ala.; Iraq; and Afghanistan, with an estimated completion date of Nov. 30, 2011.  One bid was solicited with one bid received.  The U.S. Army Space & Missile Defense Command, Contracting Acquisition Management Office, Redstone Arsenal, Ala., is the contracting activity (W9113M-08-C-0153).

“ATK (NYSE: ATK) was awarded a $50, 000, 000 contract.  The award will provide for the material release production of 120mm high explosive, guided, XM395 cartridge or accelerated precision mortar initiative.  Work will be performed in Plymouth, Minn., with an estimated completion date to be determined.  One bid was solicited with one bid received.  The U.S. Army Contracting Command, Picatinny, N.J., is the contracting activity (W15QKN-10-C-0059).”

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