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Raytheon Awarded $121M Navy Contract Modification for Zumwalt-Class Ship Logistics, Engineering Services

Jeff Brody

Raytheon (NYSE: RTN) has secured a two-year, $121.5M contract modification to perform logistics and engineering services for the U.S. Navy's Zumwalt-class guided missile destroyers.

The service branch will initially obligate $18.9M from its fiscal 2020 operations and maintenance; shipbuilding and conversion; and fiscal 2019 research, development, test and evaluation funds, the Department of Defense said Wednesday.

DDG 1000 vessels are designed to have firepower, signature reduction, survivability and self-defense systems and to support near-shore forces.

Work under the modification will take place in Rhode Island, Massachusetts, Maine, Indiana, New Hampshire, Los Angeles and San Diego through January 2021.

Naval Sea Systems Command is the contracting activity.

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