Raytheon Scores $392M Missile Contract For Army, Others

Law360, New York (June 20, 2014, 4:31 PM EDT) -- Raytheon Co.'s missile unit on Thursday received a $391.5 million modification to a missile system contract for the U.S. Army, U.S. Marine Corps and two Middle Eastern governments, according to a U.S. Department of Defense notice.

Raytheon Co. Missile Systems was awarded the modification of a contract for its tube-launched, optically tracked and wireless-guided missiles, known as TOW missiles, for the Army and Marine Corps, as well as foreign military sales to Oman and the Saudi Arabian National Guard.

The contract is part of a larger...
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