Raytheon Wins $29 M Contract for Sentinel Radar Life Cycle Support

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 $28,912,871 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for Sentinel radar life cycle support . Bids were solicited via the internet with one received. Work will be performed in Fullerton, California , with an estimated completion date of Dec. 31, 2022 . Fiscal 2019 operations and maintenance, Army funds in the amount of $4,297,000 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama , is the contracting activity (W31P4Q-19-C-0044).

Source: Raytheon Corporation (NYSE: RTN)
Date: Jan 28, 2019