Raytheon gets $58.4 million Navy order
January 31, 2008 10:52 AM
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A division of defense contractor Raytheon Co. has won a $58.4 million contract boost to supply cockpit and radar parts for Navy helicopters, the Defense Department said late Wednesday.
Raytheon Integrated Defense Systems business will supply spares for the common cockpit and multi-mode radar system for the Navy's MH-60R helicopter.
Work will be performed in Portsmouth, R.I., to be completed by October 2010.
Shares of Raytheon, based in Waltham, Mass., fell 49 cents to $63.43. (AP)
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