FALLS CHURCH, Va., May 27, 2008 /PRNewswire/ — Raytheon Company (NYSE: RTN) has been awarded a contract potentially worth $70 million to provide infrastructure services for Operation Iraqi Freedom.
DRS Technical Services, Inc. awarded Raytheon the 2008 $36.2 million contract, which includes a 2009 option year worth $33.4 million. Raytheon is providing subcontracting services to DRS as part of the Rapid Response contract from the Army’s Communications and Electronics Command.