Raytheon Gets An $886 Million GPS Contract

Posted Feb 27, 2010

Raytheon has won an $886 million contract to develop an improved Global Positioning System (GPS). The contact was provided by the Air Force Space and Missile Systems Center at the L.A. Air Base. The advanced control segment (OCX) development by Raytheon would improve security and reliability of GPS systems. Raytheon’s partners on this project includes Boeing, Braxton Technologies, the Jet Propulsion Laboratory, and Braxton Technologies. [InformationWeek]