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Raytheon-logo_EbizTYSONS CORNER, VA, December 11, 2015 — Raytheon (NYSE: RTN) will supply Precision Extended Range Munition systems to the U.S. Navy under a potential five-year, $98 million contract, GovCon Wire reported Thursday.
The Defense Department said Tuesday the 120-millimeter munition system uses GPS guidance and works to support expeditionary fire support operations.
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