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U.S. Navy Exercises $26.9 Million Raytheon Option

By Staff Writer | March 31, 2004

Raytheon Co. [RTN] said the U.S. Navy Space and Warfare Command exercised a production option on its contract with Raytheon. The pact calls for Raytheon to produce 41 extra-high-frequency satellite communication terminals and spare parts worth $26.9 million.

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