Raytheonâs (NYSE: RTN)Â subsidiaryÂ has been awarded an estimated $218 millionÂ contract to update monitoring and sensor systems at the Woomera test range in the country’s southern region, Australian Associated Press reported Monday.
Max Blenkin writes the 47, 177-square-mile military facility currentlyÂ housesÂ missiles, unmanned aircraft and manned aircraft used for test exercises carried out by Australia’s military in collaboration with private companies and the U.S. armed forces.
Prime Minister Malcolm Turnbull announced the contract award to Raytheon Australia during an election campaign stop in Adelaide, according to the report.
Raytheon Australia Managing Director Michael Ward said the company will design, develop, build and integrate the Woomera test range system and alsoÂ collaborate with CEA Technologies for the work, Blenkin reports.
Turnbull told reporters thatÂ AustraliaÂ plans to test the Lockheed Martin (NYSE: LMT) F-35 jetÂ at Woomera when the update is complete, the report says.