Raytheon Company wins $81 million contract for support services for Phalanx

WALTHAM, Mass., Jan. 24, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018.

Raytheon Co., Tucson, Arizona, is awarded an $81,311,942 cost-plus-fixed-fee modification to exercise an option under previously-awarded contract N00024-17-C-5405 for design agent engineering and technical support services for the Phalanx Close-In Weapon System (CIWS), SeaRAM, and Land-based Phalanx Weapon System. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity.

About Raytheon
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, C5I((TM) )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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