Raytheon's (RTN) $279M radar jamming device contract "clears the way for as much as $7.4B in...

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

Raytheon's (RTN) $279M radar jamming device contract "clears the way for as much as $7.4B in future work," Bloomberg says, citing the Navy. Because the technology is set to be carried on every Boeing EA-18G Growler aircraft, RTN may have captured a "winner-take-all opportunity."