Raytheon Gets $300M NASA JPL Space System Dev’t Contract; Dave Wajsgras, Todd Probert Quoted

Raytheon (NYSE: RTN) has secured a potential 10-year, $300M contract to develop and test new space platforms and flight software for NASA™s Jet Propulsion Laboratory.

The contract has a five-year base term worth approximately $150M and includes engineering, operations and training support for JPL, Raytheon said Tuesday.

Dave Wajsgras, president of Raytheon™s intelligence, information and services business and a 2019 Wash100 winner, said the award provides an opportunity for the company to continue offering support to JPL™s space exploration programs.

Raytheon is expected to begin work in October and will offer support for classified missions under the contract.

Todd Probert, vice president of the IIS business, said the company has worked with JPL™s scientists and engineers in the past two decades.

Aside from JPL, the company oversees several government space programs, including the Neutral Buoyancy Lab at NASA™s Johnson Space Center in Houston, the space agency™s Earth science data network and the Joint Polar Satellite System.

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