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Raytheon Co., Tucson, Ariz., is being awarded a $250,000,000 cost-plus-award-fee modification to a previously awarded contract.


Raytheon Raytheon Company (NYSE: RTN) is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics.  Co., Tucson, Ariz., is being awarded a $250,000,000 cost-plus-award-fee modification to a previously awarded contract (N00024-00-C-5390) to provide engineering and technical services in support of standard missile The Standard Missile is a type of surface-to-air missile (SAM) originally developed for the United States Navy (USN). The SM-1 was developed as a replacement for the RIM-2 Terrier and RIM-24 Tartar systems deployed in the 1950s on a variety of USN ships.  Navy research and development programs. Work will be performed in Tucson, Ariz., and is expected to be completed by February 2005. Contract funds will not expire expire /ex·pire/ (ek-spi´er)
1. to exhale.

2. to die.


ex·pire
v.
1. To breathe one's last breath; die.

2. To exhale.
 at the end of thecurrent fiscal year. The Naval Sea Systems Command The Naval Sea Systems Command (NAVSEA) is the largest of the U.S. Navy's five "systems commands," or materiel organizations. NAVSEA consists of four shipyards, eight "warfare centers" (two undersea and six surface), four major shipbuilding locations and the NAVSEA headquarters, , Washington, D.C., is the contracting activity.
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Comment:Raytheon Co., Tucson, Ariz., is being awarded a $250,000,000 cost-plus-award-fee modification to a previously awarded contract.
Publication:EDP Weekly's IT Monitor
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 29, 2003
Words:75
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