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Raytheon Wins $138M for Patriot Missile Engineering

Raytheon (NYSE: RTN) has won a $138, 698, 837 U.S. Army contract to provide engineering services for a missile defense system, the Defense Department announced Monday.

Raytheon will provide engineering for the Patriot air and missile defense system.

The Pentagon expects work to completed by Jan. 32, 2013. The U.S. Army Contracting Command, Redstone Arsenal, Ala., is the contracting activity.

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