Raytheon has signed two contracts totaling $ 241.8 million--the contracts cover the overhaul and upgrade of 34 Phalanx close-in weapon systems for the US Navy and one for the Royal Australian Navy.

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Raytheon has signed two contracts totaling $ 241.8 million--the contracts cover the overhaul and upgrade of 34 Phalanx close-in weapon systems for the US Navy and one for the Royal Australian Navy. Raytheon will also build twelve land-based Phalanx systems for...

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