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BRIEF-U.S. Navy awards Raytheon $28 million for variable depth sonar
May 23, 2017 / 1:22 PM / 4 months ago

BRIEF-U.S. Navy awards Raytheon $28 million for variable depth sonar

May 23 (Reuters) - Raytheon Co

* U.S. Navy awards Raytheon $28 million for variable depth sonar

* Raytheon co says under contract, Raytheon will advance its design to a full pre-production test article, expected to be complete in late 2018

* Raytheon co says contract includes options for production which, if exercised, brings total contract value to more than $300 million Source text for Eikon: Further company coverage:

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