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Raytheon Gains Army Missile Defense Contract

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The Army gave Raytheon Co. [RTN] a Cooperative Research and Development Agreement, or CRADA, to investigate improvements to integrated air and missile defense mission effectiveness. Under the five-year agreement, Raytheon will develop and implement a series of simulations-based investigations that share simulation and evaluation tools, software development and system integration expertise. The Fires Center of Excellence Battle Lab at Fort Sill, Okla., will provide resources through an additional agreement and will benefit from the CRADA efforts. The CRADA will include…

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