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Raytheon Gets $129M Engineering Support Contract Modification for Navy Zumwalt-Class Destroyers

Raytheon logoRaytheon (NYSE: RTN) has received a potential one-year, $129 million contract modification to provide additional engineering support services for the U.S. Navy’s fleet of Zumwalt-class guided missile destroyers.

The company will perform contract work in Rhode Island, Maine, Massachusetts, California, Virginia and Indiana through August 2016, the Defense Department said Friday.

Raytheon said the Navy’s DDG 1000 destroyer program has a total ship computing platform that works to control shipboard applications and a vertical MK57 launch tool used to fire missiles against aerial, maritime and ground targets.

The vessel also has a gun platform, integrated power system, electronic modular enclosures and an underwater warfare system consists of two sonar arrays.

The Naval Sea Systems Command will obligate at the time of award a total of $23.4 million from the service branch’s research, development, shipbuilding and conversion, maintenance and operations funds from fiscal years 2014 through 2016, according to DoD.

General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary and Huntington Ingalls Industries (NYSE: HII) build the ships.

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