A Raytheon (NYSE: RTN) subsidiary has landed a potential $79.6 million contract to build telemetry and transmitter systems for a U.S. Navy airborne early warning aircraft platform.
The Defense Department said Wednesday that Raytheon Ktech will help the service branch develop and integrate the Commercial Aircraft Based Instrumentation Telemetry System and Airborne Command Transmitter System on the G550 aircraft.
The Navy obligated $6.6 million in fiscal 2017 research, development, test and evaluation funds at the time of award and work is scheduled to finish February 2022.
The Naval Air Warfare Center Weapons Division received one proposal for the fixed-price-incentive-firm contract through an electronic request for proposals.
