Raytheon Gets $72M To Sharpen Army's Missile Defense

Law360, New York (October 21, 2013, 12:10 PM EDT) -- Raytheon Company has been awarded $71.7 million in contracts to improve the U.S. Army's ability to detect and defend against enemy threats with upgrades to the company's signature air and missile-defense system, Raytheon announced Monday.

Under the contracts awarded in Raytheon's second and third quarters of 2013, Raytheon will upgrade the Patriot Air and Missile Defense System to improve radar reliability by 40 percent, according to a company release. Raytheon is the prime contractor for Patriot, a long-range, high-altitude, all-weather system that is currently the primary...
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