WALTHAM (dpa-AFX) - Raytheon Co. (RTN) said it has obtained a $79 million contract from the U.S. Navy for 47 more Navy Multiband Terminal, or NMT, systems.
NMT is one of three Raytheon Advanced Extremely High Frequency (AEHF) terminals that are in production and have successfully interoperated with the AEHF satellite. Overall, Raytheon is expected to field more than 350 AEHF NMT terminals to the U.S. and international partners under the production contract.
Scott Whatmough, vice president of Integrated Communication Systems for Raytheon's Network Centric Systems business, stated, 'Raytheon is committed to meeting our customers' needs. The latest production order confirms our commitment to the Navy to develop, demonstrate and deliver a multibanded, secure terminal using the Advanced Extremely High Frequency waveform.'
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