Author: Jay Clemens|| Date Published: June 30, 2016
Raytheon (NYSE: RTN) has received a $118.5 million contract to manufacture the ninth batch of miniature air-launched decoy jammer vehicles and support equipment for the U.S. Air Force.
The Defense Departmentsaid Wednesday the companys missile systems business will produce the vehicles in Tucson, Arizona, through June 30, 2020.
MALD is a modular vehicle Raytheon designed to help the U.S. and its allies confuse hostile integrated air defense systems through information sent to enemy airspace.
The Air Force allocated the contracts full amount from its fiscal year 2016 procurement, operations and maintenance funds at the time of award.
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…