Raytheon Receives Two-Year FAA Satellite Contract Extension; Michael Prout Comments

Raytheon Co. has received a $30.1 million contract extension from the Federal Aviation Administration for satellite navigation support services, the company announced Tuesday.

The Waltham, Mass.-based contractor continue to manage the agency’s Wide Area Augmentation System for an additional two years.

The company has served as the prime contractor for the system since it was commissioned in 2003, said Michael Prout, vice president of security and transportation systems for the network centric systems business.

The system provides satellite-based navigation for the continental U.S., Alaska, Canada and Mexico.

The company will provide the services until Sept. 24, 2013.

In January, the Air Force awarded the company a $27.4 million contract to develop a launch and checkout system for its GPS III satellites.

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