June 8, 2009 (FinancialWire) — Raytheon Co. (NYSE: RTN) has been awarded a $217 million U.S. Navy contract for two radar arrays for the Zumwalt-class destroyer program and the USS Gerald R. Ford, an aircraft carrier.

Under the contract, Raytheon will procure long-lead materials for a VSR radar and will manufacture, test and deliver the radar system for the CVN 78 to support carrier air operations. The contract includes an option to produce a second VSR unit for the Zumwalt-class destroyer program.

Waltham, Massachusetts-based Raytheon specializes in defense, homeland security and other government markets. The company provides electronics, mission systems integration and other capabilities in the areas of sensing, effects and command, control, communications and intelligence systems, as well as a range of mission support services.

Raytheon employs 73,000 people worldwide.

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