Raytheon Co. [RTN] received a $29.4 million contract from Electric Boat Corp. to produce new submarine high-data-rate (Sub HDR) multi-band satellite communications systems for the Virginia Class submarine, and the company will start on the project immediately. Sub HDR is a communications system that connects submarines to the above-sea world through a mast-mounted antenna that rises above the ocean’s surface while the submarine remains at periscope depth.
Raytheon Lands Contract For Submarine Satcom System
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