Raytheon ordered to stop work on U.S. Navy jammer contract WASHINGTON (Reuters) - The U.S. Navy has told Raytheon Co to stop work on a next-generation electronic jamming system contract the company won on July 8, after BAE Systems Plc formally protested the contract award. Raytheon Chief Executive William Swanson, disclosing the stop-work order on Thursday, told analysts his company was "very comfortable" about its prospects for holding onto the ...
July 25, 2013 - Reuters via Yahoo! News