From the Boston Globe Business Team
Raytheon wins $75m fighter jet contract
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August 8, 2007 11:53 AM
Raytheon Co. said today that one of its units won a $75 million contract to provide upgrades on a weapons training equipment for the F-15 fighter jet.
Raytheon Technical Services Co. LLC will develop a prototype and make changes to the weapons training equipment at its Indianapolis facility. An initial $31.8 million has been awarded to the contractor to begin upgrades.
Shares of Raytheon fell $1.62, or 2.7 percent, to $57.71 in morning trading.
