Raytheon Gets 119.2-Million-Dollar Missile Pact in US
Raytheon Company said Wednesday it has received a 119.2-Million-US-dollar contract from the U.S. Navy for missile production in 2001.
The missiles, primarily for area defense against enemy aircraft and anti-ship missiles, are standard equipment on guided missile cruisers, destroyers and frigates in the Navy, Raytheon said.
Raytheon, which is based in Lexington, Massachusetts State of the United States, reported 16.9 billion dollars of revenue for the last 12 months.