Raytheon wins Airborne Low Frequency Sonar contract
TEWKSBURY, Mass., 27 Dec. 2012. Raytheon Company (NYSE:RTN) won a $158.5 million firm-fixed-price contract from Naval Air Systems Command in Patuxent River, Md., for 48 MH-60R Full Rate Production Airborne Low Frequency Sonar (ALFS) systems, as well as associated program management support.