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Raytheon, Electric Boat land $23.8 billion in missile defense and submarine contracts

Raytheon, Electric Boat land $23.8 billion in missile defense and submarine contracts

The U.S. has increased a missile contract with Raytheon from $3.3 billion to $11.7 billion, more than tripling the deal’s value. The Department of Defense said Wednesday that the additional $8.4 billion will fund sustaining engineering and product support for...

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