Contract with Potential Value of $70 Million for Iraq Infrastructure Services

Raytheon Company (NYSE: RTN) has been awarded a contract potentially worth $70 million to provide infrastructure services for Operation Iraqi Freedom.
DRS Technical Services, Inc. awarded Raytheon the 2008 $36.2 million contract, which includes a 2009 option year worth $33.4 million. Raytheon is providing subcontracting services to DRS as part of the Rapid Response contract from the Army's Communications and Electronics Command.
The contract allows Raytheon to continue designing, developing, installing and maintaining state-of-the-art command and control, communications and computing facilities in Iraq. It primarily covers operation and maintenance of existing facilities, engineering and installation of new services, network information assurance and logistics support services.
"We're providing support in real time to our commanders in the field," said Jack Harrington, vice president, Network Centric Systems' Command and Control Systems, "Our rapid response and evolving technical solutions ensure our soldiers have the tools they need when they need them."
Raytheon has provided mission-critical support to the multi-national force serving in Iraq since the beginning of the conflict. The essential capabilities provided under this contract range from the Multi-National Forces headquarters location to the zone around the U.S. Embassy. It also includes enclaves throughout the International Zone and outlying bases throughout Iraq.