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tdp2664 E money daily Raytheon (NYSE:RTN) has reached the milestone of fielding 5,000 ARC-231 radio systems. Raytheon (NYSE:RTN) Hits Radio Milestone Raytheon (NYSE:RTN) is pleased to announce that it has passed the milestone of fielding 5,000 ARC-231 radio systems which is used in all US Army Aviation aircraft and some US Air Force and international aircraft. The company has won the ARC-231 modernization contract to upgrade ARC-231 program and cryptographic system of the radio. Raytheon (NYSE:RTN) Network Centric Systems' ARC-231 program manager David Patton said, "Raytheon (NYSE:RTN) has a great opportunity to provide readily available, high-performance, high-quality products at competitive prices. The upgrade applies 3G technologies similar to current cellphones as a way to reduce size, weight and power of radio communication terminals used by the warfighters". Raytheon (NYSE:RTN) shares were at 44.66 at the end of the last day’s trading. There’s been a 13.8% movement in the stock price over the past 3 months. Raytheon (NYSE:RTN) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.16 Zack’s Rank: 2 out of 5 in the industry
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