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Raytheon Wins $48M for Standard Missile-3 Engineering, Fabrication

The U.S. Missile Defense Agency has awarded Raytheon’s (NYSE: RTN) missile systems business a $48, 014, 215 contract modification,  increasing the total contract value to $334, 532, 300.

Raytheon will continue to perform or provide engineering services, material for systems engineering, design and development support, and initial hardware fabrication for the standard missile-3 Block IIA.

The performance period runs through Oct. 31, 2011 and work will be performed in Tucson, Ariz.

The MDA, Dahlgren, Va., is the contracting activity.

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