Raytheon Awarded $467M to Produce Satcom Terminals for US, UK Naval Ships

NavyShipThe Space and Naval Warfare Systems Command has awarded Raytheon (NYSE: RTN) a potential seven-year, $466.6 million contract to provide multiband satellite communications terminals to the U.S. and British naval forces.

The Defense Department said Tuesday Raytheon’s space and airborne systems unit will produce and test Navy Multiband Terminals under the firm-fixed-price contract and is scheduled to complete the three-year base performance period by Sept. 30, 2018.

NMTs work to help the U.S. Navy and coalition partners transmit tactical data, videos, imagery, targeting information and battlefield maps from ships, submarines and shore stations.

Raytheon designed the technology to integrate with onboard computer networks and the Global Information Grid as well as to support military super high-frequency, extremely high-frequency, advanced EHF, Ka-band and Global Broadband Service communications.

SPAWAR will obligate $102.9 million at the time of award from the Navy’s fiscal 2015 and 2016 other procurement, ship conversion and foreign military sales funds.

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