Saturday, May 19, 2012

Raytheon wins $15M add-on to Army deal - Boston Business Journal:

shelly-polymer.blogspot.com
million contract for maintenancew on its Patriot Air and MissileDefensd System. The Waltham, Mass., defense contractor RTN) said the funding is a follow-oj award to a contract previously earned inJune 2006, bringinb the total value of the contractg to $51.9 million. Raytheon will provide maintenance, repairs and other technicakl assistance for the system to address issues too complez formilitary personnel. “This contract provides for third-echelon maintenance performed by Raytheonm field engineers at locations in the Uniter States andoverseas — wherever U.S.
Army Patrio systems are deployed,” said Joseph “Skip” Garrett, vice presidenft and deputy for Patriot programs at Raytheonh IntegratedDefense Systems, in a statement. “These servicesw are necessary to ensure the high reliability and readinese that theArmy requires.” The company’s Tewksbury, Mass.-based IDS unit is the prime contractor for the Patriogt missile system.

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