Raytheon to Supply More Missiles - Analyst Blog
"...Raytheon Company ( RTN ) was awarded a $230.4 million contract modification from the Missile Defense Agency for a sole-source cost-plus-incentive-fee contract action. The addition to the contract consists of 14 Standard Missile-3 Block IA Missiles and 5 Standard Missile-3 Block IB Missiles. The total value of this contract modification is $230.4 million increasing the total contract value from $1.7 billion to $1.9 billion. Work on the contract will be done in Tucson, Arizona. Raytheon expects to finish work on the contract by September 30, 2014...."
Reference: nasdaq.com .
