Raytheon (RTN +0.8%) gets an $80.5M contract from the Navy for Joint Standoff Weapon C-1s which...

|About: Raytheon Company (RTN)|By:, SA News Editor

Raytheon (RTN +0.8%) gets an $80.5M contract from the Navy for Joint Standoff Weapon C-1s which pair a "weapon datalink radio and modified seeker software" with the original JOSW. The weapon "has stood the test of time," says RTN's Harry Schulte. (Previously: RTN gets $279M contract for radar jamming device)