Raytheon's British subsidiary today signed a contract to produce an airborne ground surveillance radar for the British ministry of defence in a ceremony at the MOD's Defense Procurement Agency in Bristol, England, the company said in a statement. The contract signing follows nearly six months of detailed negotiations since the announcement in June that Raytheon Systems Limited had been selected as the "preferred bidder" for the $1.3 billion Airborne Standoff Radar (ASTOR) program, according to the statement. ASTOR is a...
