Raytheon Moves Forward with $2.5 Billion Army Project

Raytheon’s (NYSE: RTN) Technical Services Company LLC secured a contract from U.S. Army Forces Command contract to cover work on an expedited process for operational customers in the Army and Department of Defense.

The five-year ID/IQ carries a ceiling value of $2.5 billion.

The Operations, Planning, Training and Resource Support Services II contract covers a range of activity, including operational planning and training.

“RTSC’s strong capabilities in training, logistics and engineering services are key enablers in our OPTARSS II team’s ability to meet the customer’s mission requirements, ” said John Harris, RTSC’s president.