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Wednesday, 08/13/2014 10:18:36 AM

Wednesday, August 13, 2014 10:18:36 AM

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Raytheon to convert Massachusetts' highway tolling system

Aug 13 2014, 10:02 ET | About: Raytheon Company (RTN)

Raytheon (RTN +1%) and a team of Massachusetts-based companies will convert and replace all manual cash and electronic toll systems on several highways in the state with a system that will automatically toll vehicles as they travel under a gantry.The $130M contract was awarded to Raytheon from the Massachusetts Department of Transportation, and will allow drivers to pass under toll stations at highway speeds
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