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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.

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