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The US Navy awarded Raytheon a $402.6 million contract modification to exercise options for low-rate initial production of three SPY-6 radar units for DDG 51 Flight III-class ships. Work will be performed in Marlborough, Massachusetts and is expected to be completed by March 2023.
“The US Navy awarded Raytheon a $402.6m fixed-price-incentive modification to an existing $327.1m contract to exercise options for Air and Missile Defense Radar Program low-rate initial production for three SPY-6 radar units.”semiconductor-today.com
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