Raytheon Wins $75M for Army ‘Friend or Foe’ System Parts

Raytheon Co. (NYSE: RTN) has won a $75 million U.S. Army contract to provide the branch with components and engineering services for an air defense system.

The Defense Department said the parts and services are for the Army’s AN/TPX-57 Identification Friend or Foe Systems Air Defense Interrogators.

The company’s network centric systems business will perform work at Aberdeen Proving Ground, Md. and the Pentagon expects work to finish by Dec. 31, 2013.

The Army Contracting Command’s office at Fort Monmouth, N.J. is the contracting activity for the firm-fixed-price contract.

Earlier this month, the Waltham, Mass.-based missile maker won an estimated $497 million contract to provide the Air Force with guidance sections and instrumentation units for missiles.

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