Raytheon wins $241 million contract

Waltham defense contractor Raytheon Co. said today it has received a $241 million contract to provide the Republic of Korea with support for its Patriot air-and-missile defense system.

Work on the contract will be performed at a Raytheon facility in Andover as well as at Raytheon facilities in Alabama and New Mexico, the company said.

This production and support award complements the $28.7 million engineering services contract that the company announced March 3, Raytheon said.
(By Chris Reidy, Globe staff)