Raytheon wins $102.9M Navy satellite terminal contract

Raytheon has been awarded a $102.9 million Navy contract for satellite terminals.

The contract is for Navy Multiband Terminals (NMT), according to the Department of Defense contract announcement. The terminals will be mostly for the U.S. military, with 3 percent of the devices destined for the U.K.

The contract is scheduled to be completed by September 2018, or September 2022 if all options are exercised.

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