Raytheon Co. nabbed a $422 million precision-guided munitions contract, it announced.
The defense contract is for its Paveway GPS and laser-guided bomb technology, which are deployed by 43 customers. The company did not reveal who it closed the deal with, saying only it was a “direct commercial sale from an international customer.”
Separately, Raytheon was tapped for an $8.7 million award from the U.S. Air Force to develop a protected tactical military satellite communication system, the company said. The contractor will design terminal components and support waveform development for the project.