Raytheon Awarded $350 Mln Federal Aviation Administration Contract - Quick Facts

(RTTNews) - Raytheon Co. (RTN) said it has been awarded a $350 million Federal Aviation Administration or FAA contract modification to continue the upgrade of 135 air traffic control centers to the Standard Terminal Automation System (STARS) through September 2017. Implementation of STARS at these airports will bring all of the largest airports and the majority (90%+) of all Terminal air space controlled by the FAA onto the NextGen terminal automation platform.

STARS is a standard system used by both the FAA and the Department of Defense. It replaces several generations and versions of existing terminal automation systems providing substantial savings in lifecycle costs. The system brings additional safety and capacity management features to terminal automation in both the commercial and defense sectors.

Separately, Raytheon said that it has been awarded a $26.05 million cost-plus-fixed fee contract for life cycle engineering and support services for LPD 17 class integrated shipboard electronic systems. This contract includes options which, if exercised, would bring the cumulative value of this contract to $132.12 million.

Work will be performed in San Diego, California (90 percent); Norfolk, Virginia (4 percent); Pascagoula, Mississippi (2 percent); Mayport, Florida (2 Percent); and international (2 percent), and is expected to be completed by December 2019.