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Raytheon Lands $112M Navy Decoy Engineering Contract

Jeff Brody

Raytheon (NYSE: RTN) has secured a potential $112.3M contract modification for non-recurring engineering work on U.S. Navy flight vehicles used to guard aircraft and airmen from hostile threats.

The company will help engineer the service branch's Miniature Air Launched Decoy platform throughout the  engineering and manufacturing development, payload integration and production phases of the program, the Department of Defense said Friday.

Sixty-five percent of work will take place in Tucson, Ariz., and the remaining 35 percent will occur in Goleta, Calif.

The Navy will obligate $15.1M from fiscal year 2020 funds for the modification. DoD expects the company to complete services by September 2022.

MALD is a programmable craft that works by mimicking aircraft combat flight profiles and signatures to disrupt an enemy's integrated air defense system.

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