
The U.S. Air Force awarded Raytheon [RTN] a four year indefinite-delivery/indefinite-quantity (IDIQ) contract worth up to $128 million to operate and maintain radar stations aboard two naval ships, the company said Monday.The contract is known as Mobile Sensors and will have Raytheon operate and maintain the Cobra King radar aboard the United States Naval Ship Howard O. Lorenzen (TAGM-25) and the Gray Star radar aboard the USNS Invincible (TAGM-24). Raytheon is the original developer of the Cobra King.The two shipboard…