Raytheon Wins $52 M Contract for 50 Sentinel A3 Radars

Raytheon Company (NYSE: RTN) was awarded the following contract as announced by the Department of Defense on December 28, 2018.

Raytheon Integrated Defense Systems, Fullerton, California, was awarded a $51,901,116 firm-fixed-price contract for the procurement of 50 Enhanced Sentinel A3 radars and associated spares. Bids were solicited via the internet with one received. Work will be performed in Fullerton, California, with an estimated completion date of Dec. 30, 2022. Fiscal 2018 other procurement, Army funds in the amount of $51,901,116 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-19-C-0018).

Source: Raytheon Corporation (NYSE: RTN)
Date: Jan 25, 2019