Raytheon awarded U.S. Army contract with potential value of $122 million

TUCSON, Ariz., 28 Feb. 2006. Raytheon Company has been awarded a contract with five one-year options--having a potential total value of $122 million--to provide engineering services for the TOW (Tube-launched, Optically tracked, Wire-Guided) weapon system family of missiles and TOW fire control systems including: ITAS (Improved Target Acquisition System), IBAS (Improved Bradley Acquisition Subsystem), T2SS (TOW 2 Subsystem), and M220 Ground TOW.