Raytheon (RTN) Wins Follon-On Phase 2 Contract for Exploratory Research in Nuclear Detection Technology
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Raytheon Company (NYSE: RTN) was awarded a follow-on contract from the Department of Homeland Security to develop a capability for Stand-Off Warning Against Radiological Materials.
This second-phase effort is an eight-month contract for $1.176 million managed by DHS' Domestic Nuclear Detection Office under the Exploratory Research in Nuclear Detection Technology Program. It is the second of a five-phase development program worth $2.9 million if all options are exercised.
In developing a reliable and affordable SWARM solution for DHS, Raytheon is utilizing its OpenAIR(TM) business model, leveraging the talents and capabilities of academia, as well as large and small businesses to provide the best-value solution. IDS is teaming with experts from Los Alamos National Laboratory, Los Alamos, N.M.; Physical Sciences Inc., Andover, Mass; ORTEC, Oak Ridge, Tenn.; MIT, Cambridge, Mass.; and Boston University, Boston, Mass.
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