Raytheon wins deal to develop US Navy's new electronic jammer
July 08, 2013 at 21:44 PM EDT
WASHINGTON, July 8 (Reuters) - Raytheon Co on Monday beat out incumbent Northrop Grumman Corp and others to win a $279 million deal to develop a new electronic jammer for the U.S. Navy, a deal analysts said could eventually be worth billions of dollars.