ADi News2015-04-02 08:54:57

Raytheon Awarded $700 million NORAD Contract

Raytheon Company (NYSE: RTN) was awarded a $700 million indefinite-delivery/indefinite-quantity contract to support threat warnings and assessments for the North American Aerospace Defense Command Cheyenne Mountain Complex.

Raytheon will provide sustainment services and products supporting the Integrated Tactical Warning/Attack Assessment and other systems covered by the contract. The program provides NORAD authorities with accurate, timely and unambiguous warning and attack assessment of air, missile and space threats.

The contract work will be performed at Peterson AFB, Colo.; Cheyenne Mountain Air Force Station, Colo.; Vandenberg AFB, Calif.; and Offutt AFB, Neb., and is expected to be complete by March 30, 2020.

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