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Raytheon Awarded $158.6 M for Airborne Low Frequency Sonar

Raytheon Company (NYSE: RTN) is being awarded a $158,571,809 firm-fixed-price contract for the procurement of 48 MH-60R Full Rate Production Airborne Low Frequency Sonar (ALFS) systems, including associated program management support. 

The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.

This contract was announced by the Department of Defense on Dec. 20, 2012, and was awarded in Raytheon's fourth quarter.

Source : Raytheon Corporation (NYSE: RTN)

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Published on ASDNews: Dec 24, 2012