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Tag Archives: risk mitigation contract

Raytheon Picked for Australia’s $1.5B Contract to Build Ground Air Defense Platform

The government of Australia has named Raytheon (NYSE: RTN) the sole bidder on a potential $1.5 billion contract to develop a land-based aerial defense platform, Reuters reported Monday. Jamie Freed writes Marise Payne, Australia’s defense minister, said the National Advanced Surface to Air Missile System seeks to replace the country’s three-decade-old …

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