WALTHAM, Mass., Jan. 28, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018.
Raytheon Integrated Defense Systems, Fullerton, California, was awarded a $28,912,871 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for Sentinel radar life cycle support. Bids were solicited via the internet with one received. Work will be performed in Fullerton, California, with an estimated completion date of Dec. 31, 2022. Fiscal 2019 operations and maintenance, Army funds in the amount of $4,297,000 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-19-C-0044).
Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.
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SOURCE Raytheon Company