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MDA Contract Modification Brings Raytheon Antenna Deal Value to $955M

Raytheon logoRaytheon‘s (NYSE: RTN) integrated defense systems business has received a contract modification from the Missile Defense Agency that increases the value of a previously awarded $888.8 million contract to $955.3 million.

The Defense Department said Thursday the $66.5 million modification covers the procurement of a float antenna equipment unit, AEU transformer, processors and power unit spares.

Raytheon will perform work in Massachusetts through March 2018.

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