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

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)
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