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RAYTHEON COMPANY AWARDED CONTRACT FOR LIFE CYCLE ENGINEERING
Tuesday, November 03, 2009 1:24 PM


USA, Nov. 3, 2009 (Info-Prod Research) -- According to DOD: Raytheon Company (NYSE:RTN) Integrated Defense Systems (IDS), San Diego, Calif., is being awarded an $8,652,919 cost-plus-fixed-fee contract for life cycle engineering and support (LCE&S) services for LPD 17 Class integrated shipboard electronic systems. This contract includes options which, if exercised, would bring the cumulative value of this contract to $197,091,380. Work will be performed in San Diego, Calif. (95 percent); Chula Vista, Calif. (3 percent); and Norfolk, Va. (2 percent), and is expected to be completed by December 2009. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-10-C-2205).

(Source: iStockAnalyst )


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