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Raytheon Co. has been awarded a $7 million contract for work on thermal sight systems, replaceable units and spares, according to a Defense Department notice posted late Monday.
The contract, awarded Friday by the Army, will run through 2009. Work will be done in McKinney, Texas.
Shares of Waltham, Mass.-based Raytheon rose 92 cents to $57.09 Monday.
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