Navy Deal in Raytheon’s Port

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $9, 080, 654 modification to a previously awarded firm-fixed-price contract (N00019-09-C-0007) for the design, qualification, and production implementation of the digital scene matching area correlator (DSMAC) sensor assembly for the Tomahawk Block IV all-up-round missile.  Work will be performed in Tucson, Ariz. (66 percent); Glenrothes, Scotland (27 percent); Midland Ontario, Canada (6 percent) and various locations within the United States (1 percent), and is expected to be completed in August 2012.  Contract funds will not expire at the end of the current fiscal year.  The Naval Air Systems Command, Patuxent River, Md. is the contracting activity.”

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