Raytheon Joint Venture Wins $34M Army Engineering Services Contract

The U.S. Army has awarded Thayles Raytheon Systems Co., an equally owned joint venture between Raytheon Company (NYSE: RTN) and Thales S.A., a $34, 296, 690 cost-plus-fixed-fee contract.

The award has a fiscal year 2010 Sentinel engineering services contract base year and four option years. There is a total of 290, 200 man hours.

One bid was solicited with one bid received.

Work will be performed Fullerton, Calif., with an estimated completion date of Dec. 31, 2014.  U.S. Army Contracting Command, Redstone Arsenal, Ala., is the contracting activity

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