In what it says is a first for the defense contractor, Waltham, Mass.-based Raytheon (NYSE:RTN) announced Friday that it has won a Defense Threat Reduction Agency (DTRA) contract for maritime border security in the Philippines.
DTRA is a U.S. agency under the Department of Defense, responsible for interdicting the movement of weapons of mass destruction (WMD), such as chemical, biological, radiological, nuclear, and high-yield explosive devices, across national borders.
Under the two-year base contract, which may be extended at DTRA's option, Raytheon will design and construct a National Coast Watch Center in the Philippines, support integration of data from various agencies into this Center, and install an automatic identification system as well as radio communications there for use by the government of the Philippines. This contract was awarded in July, and will run through at least July 31, 2015. If all options are exercised, Raytheon says the contract could be worth up to $18 million.
Raytheon said this is the first DTRA border security contract it has ever won in Southeast Asia.
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