Raytheon Company (NYSE: RTN) was awarded a Defense Threat Reduction Agency (DTRA) border security contract valued at $35.9 million.
Under the nearly three-year base contract, Raytheon will design, develop and implement an integrated surveillance system along parts of the Jordanian border. Also, the contract requires Raytheon to provide training, maintenance and repair, as well as equipment.
"Raytheon's global reach and the Jordan project affirm our ability to provide subject matter expertise and solid experience on cooperative threat reduction programs in all regions of the world," said John Harris, Raytheon Company vice president and general manager of Intelligence, Information and Services. "Our company is committed to offering competitive, open architecture solutions that employ equipment and sensors best suited to a country's requirements and that can adapt to the needs of customers like DTRA in making the world more secure."
Raytheon has performed cooperative threat reduction work for DTRA under a number of contracts. The CTR Integrating Contract (CTRIC II), awarded in April 2011, is a multiple award indefinite delivery, indefinite quantity contract, and the Jordan project is part of CTRIC II.
Source: Raytheon Corporation (NYSE: RTN)
Date: Apr 12, 2013