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Raytheon Wins $305M for Army Aviation Radio Parts

Raytheon (NYSE: RTN) has won a $305 million contract modification to provide the U.S. Army aviation radio system components and services, the Defense Department announced Tuesday.

The company will perform work under the firm-fixed-price contract in Fort Wayne, Ind. through Dec. 30, 2015 and the U.S. Army Contracting Command’s office at Fort Monmouth, N.J. is the contracting activity.

Raytheon is prime contractor on a proposed $257 million foreign military sale of equipment for intelligence, surveillance and reconnaissance to Saudi Arabia.

ATK (NYSE: ATK), BAE Systems, L-3 Communications (NYSE: LLL) and Rockwell Collins (NYSE: COL). are also primes on the sale, which would include radios and data link systems.

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