The U.S. Air Force plans to award Raytheon (NYSE: RTN) a potential five-year, $125M contract to update software of the service branch’s AIM-120 Advanced Medium Range Air-to-Air Missile system.
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General Electric (NYSE: GE) has received a potential four-year, $907 million contract to provide repair, replacement and program support services for engine components of the U.S. Navy‘s F/A-18 E, F and EA-18G planes. The Defense Department said Friday the performance-based contract has a three-year base period worth $670.7 million and one option year. The Navy obligated $89.6 …
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