Article: Raytheon to Develop Next-generation Multifunction Radar.(Company Business and Marketing)(Brief Article)

Raytheon Co. has been awarded a $140 M contract by the US Navy for engineering and manufacturing development of the next-generation Multifunction Radar (MFR), which will equip future aircraft carriers and destroyers. Under the terms of the 60-month, section 845, cost-plus-award-fee contract, Raytheon will develop the MFR prototype radar and ...

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