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Air Force Awards Raytheon Potential $260 MIllion D-RAPCON Contract

Raytheon [RTN] recently edged out Lockheed Martin [LMT] for an Air Force contract potentially worth $260 million to produce up to 18 Deployable Radar Approach Control (D-RAPCON) systems. D-RAPCON is a rapidly deployable air traffic control system that can be delivered anywhere in the world and then, in six hours, be fully operational and controlling flights, according to a Raytheon statement. The contract calls for one engineering and development (EMD) unit plus production options for up to 18 systems. The Air Force April…

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