AAP: Raytheon Selected for $218M Australia Test Range System Update Contract

Raytheon logo_EbizRaytheon’s (NYSE: RTN) subsidiary has been awarded an estimated $218 million 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 currently houses 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 also collaborate with CEA Technologies for the work, Blenkin reports.

Turnbull told reporters that Australia plans to test the Lockheed Martin (NYSE: LMT) F-35 jet at Woomera when the update is complete, the report says.

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