Raytheon gets $600M contract from Saudi Arabia

Associated Press

FULLERTON, Calif. (AP) — Defense contractor Raytheon Co. said on Monday that it has gotten a $600 million contract to deliver a communications and intelligence computer system to the government of Saudi Arabia.

The contract was awarded to the company's Network Centric Systems unit by the Saudi Ministry of Defense.

Raytheon shares rose 5 cents to close at $56.25.

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