Author: Ramona Adams|| Date Published: August 8, 2017
Raytheon (NYSE: RTN) has secured a $227.5 million contract modification from the U.S. Army to provide horizontal technology integration; forward looking infrared and independent thermal viewers; and servo electronics unit assemblies.
The Defense Departmentsaid Monday Raytheon will perform work through Sept. 25, 2018, and the Army will determine work locations and funds with each order.
The award is a modification to a potential $92.5 million contract Raytheon received in September 2016.
The Army Contracting Command is the contracting activity.
The federal procurement landscape is undergoing a major shift to streamline and accelerate the acquisition and implementation of advanced capabilities…