Raytheon Company (NYSE: RTN) has received a $19.8 million contract for continued production of its ALE-50 line of towed decoys.
The award by the U.S. Air Force Warner Robins Air Logistics Center represents the 13th production lot of ALE-50 decoys, which are used by the Navy as well as the Air Force. The contract calls for 807 decoys for the Air Force to be delivered through April 2011.
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