The U.S. Navy has awarded Raytheon Company (NYSE: RTN) two contracts that extend the company's legacy of performance and support for the Aegis weapons system.Under the contracts, Raytheon Integrated Defense Systems (IDS) will provide an AN/SPY-1 radar transmitter ordnance alteration kit to enhance the radar's processing performance and multi-mission capability. The company will also continue its performance-based logistics support, including spares and repairs for Aegis weapons systems used by the U.S. Navy and Coast Guard. Raytheon will also manage system repairs in support of foreign military sales.
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