Raytheon Lands Air Force Contract for GPS Receiver Cards

TYSONS CORNER, VA, Dec. 27, 2017 — Raytheon (NYSE: RTN) will supply four-channel receiver cards for global positioning system tracking and navigation to the U.S. Air Force and Saudi Arabia under a potential $36.7 million contract, ExecutiveBiz reported Friday.

The Defense Department said Thursday the contract includes foreign military sales and covers the delivery of Raytheon’s Advanced Technology Receiver Card in support of GPS/inertial navigation system coupling and satellite acquisition through Dec. 31, 2020.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

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