Raytheon UK, Capita Awarded Royal Navy Contract
January 13 2021 - 12:25PM
Dow Jones News
By Michael Dabaie
Raytheon Technologies unit Raytheon UK said it and strategic
partner Capita received a contract award to provide the Royal Navy
with technology, training and learning solutions over the next 12
years.
The contract, which will be led by Capita, has an initial
contract value of 200 million British pounds to Raytheon UK.
Raytheon UK said it will play a role in modernizing the Royal
Navy's training analysis, design, delivery, assurance, and
management/support services.
Raytheon shares were down 2% to $69.98 in midday trading.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
January 13, 2021 12:10 ET (17:10 GMT)
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