Raytheon to Supply Radar for B-52 Bomber Modernization Program
July 11 2019 - 1:24PM
Dow Jones News
By Michael Dabaie
Raytheon Co. (RTN) said it was selected by Boeing Co. (BA) as
radar supplier for the B-52 bomber radar modernization program.
Raytheon said it will produce active electronically scanned
array radar systems for the entire U.S. Air Force B-52 fleet.
Low rate initial production is scheduled to begin in 2024,
Raytheon said.
Shares are up 0.7% to $178.31.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
July 11, 2019 13:09 ET (17:09 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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