The Navy has ordered Raytheon to stop work on the service's Next Generation Jammer, for which the company was awarded a three-year, $279.4 million, technology development contract on July 8, the company disclosed today. The stop-work order follows a protest filed by BAE Systems, one of three losing bidders for the contract, last week. During a call to discuss the company's second-quarter earnings today, Raytheon CEO William Swanson confirmed to investors and analysts that Raytheon has not started work on...
