Raytheon [NYSE: RTN], a Waltham, Mass.-based defense contractor, has received a contract from the U.S. Navy to develop terminals for its next- generation satellite communications (satcom) systems. The contract is to develop the Advanced Extremely High Frequency (AEHF) Multi-band Terminal (NMT) for the satcom system. The initial funding is $3.1 million, with a potential program value of $1.6 billion. NMT’s first phase launches with a 30-month development period, during which Raytheon will build AEHF satcom system prototypes. More than 300 NMT systems are scheduled for production through 2010.
Raytheon Receives Navy Contract To Supply Satcom Terminals
Trending Now
-
Government/MilitarySpaceX Gets Nearly $4.2 Billion Nod From Space Force For Initial SB-AMTI
-
Government/MilitarySpace Force Awards Viasat and Intelsat General $438M for Continued Work on PTS-G
