Raytheon Secures $192M Navy Contract for Next Generation Jammer Mid-Band System

An RTX (NYSE: RTX) business has received a U.S. Navy contract worth $192 million for an advanced electronic attack system designed to deny, disrupt and degrade enemy technology. The Department of Defense said Friday Raytheon will design, develop, manufacture, integrate, demonstrate and test the Next Generation Jammer Mid-Band extended capability modification under the cost-plus-incentive-fee contract.

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