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Raytheon Sees IDIQ As Major Business Growth Area, Executive Says

By Ann Roosevelt Raytheon [RTN] sees major growth in a relatively new business area for them--the world of Indefinite Delivery/Indefinite Quantity (IDIQ) acquisition, according to a company executive. Since starting the business effort, growth has been stunning, Susan Haeseler, director of the Raytheon IDIQ Office, told Defense Daily in an interview yesterday. "The volume has increased in two years by 319 percent," she said. "My goal this year is a billion dollars. That's how big this marketplace is." As an…

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