Raytheon gets $117 million Standard missile contract

STANDARD AWARD: Raytheon Co. has been awarded a $117.7 million contract from the U.S. Navy for Standard Missile-2 (SM-2) production in fiscal 2002, the company said Aug. 2. Under the fixed-price contract, Raytheon will deliver 96 Block IIIB missiles; 58 Block IIIB ordnance alteration kits to upgrade...

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