Author: Mary-Louise Hoffman|| Date Published: February 27, 2017
Raytheon (NYSE: RTN) has received a potential $1.07 billion contract to build an early warning radar system for integration into Qatar’s air and missile defense enterprise.
The Air Force Life Cycle Management Center in Massachusetts awarded the sole-source contract to Raytheon as part of a foreign military sales deal between the U.S. and Qatar, the Defense Departmentsaid Friday.
The company is scheduled to finish contract work on June 30, 2021.
Christopher Hamilton will succeed Ed Sheehan, Jr. as president and CEO of Concurrent Technologies Concurrent Technologies announced Sheehan’s retirement in…