Raytheon to Upgrade Patriot Missile Systems

The U.S. Army has awarded Raytheon (NYSE: RTN) an $8, 393, 659 cost-plus-fixed-fee contract to repair and recapitalize Patriot missile systems assemblies and sub-assemblies.

Work will be performed in Andover, Mass., with an estimated completion date of Oct. 14, 2012.

The Directorate of Contracting, Letterkenny Army Depot, Chambersburg, Pa., is the contracting activity.

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