
Raytheon [RTN] took home a five-year $59.7 million contract by the U.S. Navy for support of its forward looking infrared (FLIR) system aboard the CH-53 and V-22 Osprey aircraft, the Department of Defense said on Wednesday.A $16 million initial delivery order for the contract’s first year was issued “concurrently with the award,” the DoD said in a press release. The U.S. Naval Supply Systems Command (NAVSUP) Weapon Systems Support pulled the $16 million from 2018 Navy working capital funds.Raytheon’s FLIR…