Raytheon awarded $149 million for Standard Missile-6s

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Raytheon (RTN) Reports Additional $149M Award for Standard Missile-6s from Navy

June 2, 2015 5:33 PM EDT

The U.S. Navy awarded Raytheon Company (NYSE: RTN) an additional $149 million for 74 Standard Missile-6 all up rounds, spares, containers and services. When combined with the nearly $110 million long-lead material purchase made in March 2015, the total full-rate production contract for Fiscal Year 2015-2016 is $259 million.... More