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January 31, 2008

Raytheon Awarded $55 Million To Upgrade Navy Super Hornets With AESA Radar

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The Navy last month awarded Raytheon [RTN] a contract worth nearly $55 million to retrofit 135 Boeing [BA] F/A-18 Super Hornets with APG-79 Active Electronically Scanned Array (AESA) radar. The first deliveries for 19 aircraft will begin in about 18 months...

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