Navy awards Raytheon $119.2 million contract for SM-2 production
Raytheon Co. has been awarded a $119.2 million contract from the U.S. Navy for Standard Missile-2 fiscal year 2001 production, the company announced yesterday. Under the firm fixed-price contract, Raytheon will deliver 75 Block IIIB missiles, 80 Block IIIB ordnance alteration kits to upgrade SM-2...
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