InvestorsHub Logo
Followers 122
Posts 12926
Boards Moderated 0
Alias Born 12/28/2005

Re: None

Friday, 08/18/2006 8:04:37 PM

Friday, August 18, 2006 8:04:37 PM

Post# of 157299
A contract awarded to Raytheon today, and perhaps another reason Raytheon may find the strat attractive:

Raytheon Systems, Network Centric Systems, North, St. Petersburg, Fla., is being awarded a $6,522,157 cost-plus-fixed-fee modification under previously awarded contract (N00024-06-C-5101) to exercise an option for Cooperative Engagement Capability (CEC) design agent support. CEC is a sensor-netting system that significantly improves battle force anti-air warfare capability by extracting and distributing sensor-derived information such that the superset of this data is available to all participating CEC units. CEC fuses the distributed data into a fire control quality, single, air track picture that significantly improves own-unit track precision, consistency and continuity; expands detection ranges; and increases reaction time. Work will be performed in St. Petersburg, Fla., and is expected to be completed March 2008. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

nilremerlin

New long-term bull market from Oct. 16, 2008 to Feb. 5, 2018
http://stariq.com/marketweek.htm

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.