Raytheon announces two contracts

Raytheon Co., the Waltham-based defense contractor, won a $412 million U.S. Air Force contract for production and delivery of air-to-air missiles, the company said in a news release today.

Delivery of the missiles is schedule to start in 2010 and continue through 2011. Raytheon employs 72,000 people worldwide.

Raytheon also announced that it landed a $31.6 million contract from the U.S. Air Force to make laser-guided bomb components..

For the fiscal year 2008, Raytheon will provide the Air Force with computer control groups and air foil groups that turn unguided bombs into guided bombs.
(By Elizabeth Campbell, Globe correspondent with wire services)