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Raytheon Picked to Develop Prototype Under Navy UAV Swarming Program


TYSONS CORNER, VA, June 28, 2018 ” Raytheon (NYSE: RTN) will build a prototype naval platform for the U.S. Navy‘s Low Cost UAV Swarming Technology program under a potential $29.7 million contract, ExecutiveBiz reported Wednesday.

The Defense Department said Tuesday it selected the company for the development of the LOCUST “innovative naval prototype” through a long-range broad agency announcement, with work to be completed in Tucson, Ariz., through January 2020.

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