Raytheon Wins Helicopter Work with Navy

Raytheon (NYSE: RTN) won a $50 million contract to deliver 50 AAS-44C(V) Multi-Spectral Targeting Systems for the Navy’s MH-60R and MH-60S helicopters.

According to the firm, “This airborne forward looking infrared targeting system provides video imagery that helps soldiers, intelligence analysts and commanders in the field make critical operating decisions.”

Deliveries are expected to be complete by 2012.

“Our solid partnership with the U.S. Navy has enabled us to develop this unique system to meet defense requirements, ” said Tim Carey, vice president, Intelligence, Surveillance and Reconnaissance Systems. “This electro-optical infrared system offers proven reliability and capability that support the warfighter in operations around the world.”

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