Raytheon Awarded $108M for SM-2 Production

By: Benzinga
The U.S. Navy awarded Raytheon Company (NYSE: RTN ) a $108 million contract for continued production of Standard Missile-2 all-up rounds, a majority of which will be sold to U.S. allies through foreign military sales. This award brings the total fiscal year 2011 contract value to more than $200
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