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Raytheon Tapped For Next-Gen MILSATCOM System

By Staff Writer | April 23, 2004

      Raytheon Co. [RTN] won a contract from prime contractor Boeing [BA] to work on the next-generation MILSATCOM risk-reduction and system-definition program. The value to Raytheon potentially is $19.3 million during a 27-month time frame along with $12 million in options.