Navy Awards Raytheon $235M Aircraft Landing System Production Contract

Raytheon (NYSE: RTN) has received a four-year, $234.6M contract to begin the low-rate initial production of GPS-equipped systems designed to guide military aircraft onto carriers or amphibious assault ships.

The company will manufacture 23 Joint Precision Approach and Landing Systems along with three upgrade kits, associated data and engineering change proposals, the Department of Defense said Wednesday.

JPALS employs a data link to connect to receiver hardware and software on the aircraft and a set of GPS sensors, shipboard equipment and mast-mounted antennas.

The Navy is obligating $49.1M in fiscal 2019 shipbuilding, conversion and other procurement funds at the time of award.

Work under the fixed-price-incentive, firm-target contract will take place in California, Iowa and Indiana through August 2023.

Raytheon demonstrated a land-based expeditionary version of JPALS in Yuma, Ariz, earlier this year.

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