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Raytheon-logo_EbizTYSONS CORNER, VA, Aug. 4, 2016 — Raytheon (NYSE: RTN) will provide as many as 52 Standard Missile-3 Block IB weapon systems to the Missile Defense Agency after MDA exercised a $524 million option in a previously awarded contract, GovCon Wire reported Wednesday.
The Defense Department said Tuesday this is the first of three option years under a potential $2.3 billion contract modification from December.
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