DRS Technologies Receives $35 Million Contract From Raytheon for PTIs

June 12, 2009
By Katie Packard

DRS Technologies Incorporated has received a new contract for $35.2 million for production of Phalanx Thermal Imagers (PTIs) and spares. The contract has been awarded by Raytheon Missile Systems, a prime contractor to the U.S. Navy for the Phalanx Close-in Weapon System program.

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