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Raytheon Lands $228M Army Contract Modification for Thermal Viewers, Assemblies


Raytheon (NYSE: RTN) has secured a $227.5 million contract modification from the U.S. Army to provide horizontal technology integration; forward looking infrared and independent thermal viewers; and servo electronics unit assemblies.

The Defense Department said Monday Raytheon will perform work through Sept. 25, 2018, and the Army will determine work locations and funds with each order.

The award is a modification to a potential $92.5 million contract Raytheon received in September 2016.

The Army Contracting Command is the contracting activity.

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