Raytheon Company (NYSE: RTN) has been awarded a contract from the U.S. Armed Forces and coalition partners in Kuwait. As part of the contract Raytheon will improve, deliver and maintain an advanced combat training program. The contract has a base value of $44 million and is set to begin in October. The contract is part of the Warfighter Field Operations Customer Support (FOCUS) program.
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Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
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