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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.

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

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Source : Raytheon Corporation (NYSE: RTN)

Published on ASDNews: Dec 24, 2012


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