Raytheon Company (NYSE: RTN) received a $91.5 million U.S. Air Force contract modification award for the Miniature Air Launched Decoy Jammer (MALD-J) missile. The contract modification is for Lot 8.
Work will be performed in Tucson and is expected to be complete by June 2017. This award was booked in the first quarter 2015.
About MALD and MALD-J
MALD® is a state-of-the-art, low-cost expendable flight vehicle that is modular, air-launched and programmable. It weighs fewer than 300 pounds and has a range of approximately 500 nautical miles. MALD-J adds radar-jamming capability to the basic MALD platform.
Source: Raytheon Corporation (NYSE: RTN)
Date: Mar 31, 2015