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Raytheon gets $12.1M Army contract



By AP
30 September 2008 @ 12:16 pm EST

WASHINGTON - The Army has awarded a $12.1 million contract to Raytheon Co. for artillery rounds.

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The contract, announced Monday, is for Excalibur 155mm projectiles.

Shares of Waltham, Mass.-based Raytheon fell 57 cents to $53.13 in midday trading Tuesday.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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