WALTHAM, Massachusetts (AP) - The U.S. Navy has awarded Raytheon Co. a $3 billion (euro2.39 billion) contract to develop radar, electronic and weapons systems for a new class of destroyers envisioned as the high-tech future of the U.S. fleet.
The award, one of the largest ever won by the Waltham-based defense contractor, is a follow-on contract for work already awarded by the Navy to Raytheon for the DD(X) destroyer program. Much of the work on the program is being done in Portsmouth, Rhode Island, and in Tewksbury, said Dan Smith, the president of Raytheon's integrated defense systems unit in Tewksbury.