Author: Jay Clemens|| Date Published: January 4, 2016
Raytheon (NYSE: RTN) has received a potential $349.2 million contract modification to manufacture tools for the U.S. Navys future USS Lyndon B. Johnson destroyer.
Raytheon will produce mission system equipment for the Zumwalt-class ship through October 2019 if the Navy exercises all options, the Defense Departmentsaid Thursday.
Construction of the ship kicked off April 4, 2012, at a General Dynamics (NYSE: GD) facility, with delivery to the Navy scheduled in fiscal 2018.
The third Zumwalt-class destroyer will operate in littoral and land attack missions.
eSimplicity announced on LinkedIn Tuesday that Richard Smith has been appointed vice president and general manager of defense and national security. What…