NMT

October 29, 2010
By George Seffers

Raytheon Company recently received the first production order for next-generation Navy Multiband Terminal (NMT) satellite communication terminals. The initial production award is for 22 systems, consisting of 15 ship, five submarine and two shore terminals, along with other services and products; it is valued at more than $37 million. The program could potentially be valued at $1 billion over five years.