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Monday, October 12, 2009

Raytheon Awarded $5.5 million Contract to Develop HEALICS Technology

The Defense Advanced Research Projects Agency (DARPA) has awarded Raytheon Company (NYSE: RTN) a $5.5 million contract to design, fabricate and test Self-HEALing mixed-signal Integrated Circuits (HEALICS) technology. If all contract phases are completed, the value of the contract could reach $11 million.

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