Raytheon Wins $67M for Navy Sensor-Netting Engineering

Raytheon (NYSE: RTN) has won a $67.4 million U.S. Navy contract modification to provide design and engineering services for a sensor-netting system, Raytheon announced Friday.

The Cooperative Engagement Capability system detects and tracks airborne threats including cruise missiles and both manned and unmanned aircraft.

The CEC is based on a military communication system that uses GPS navigation.

In July 2011 the Navy awarded Raytheon a similar $11 million contract to provide CEC systems for the E-2D Hawkeye aircraft.

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