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Tag Archives: Gatlin gun

Raytheon Gets $288M Contract Modification to Update Navy’s Close-In Weapon System

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $288 million contract modification to continue to provide conversion,  system overhaul and upgrade services as well as related hardware for MK 15 Close-In Weapon Systems. The military branch exercised options on a previously awarded contract and obligated $64.6 million at the time of …

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