Raytheon Co. (RTN) said that it was awarded a Defense Threat Reduction Agency or DTRA border security contract valued at $35.9 million.
Under the nearly three-year base contract, Raytheon will design, develop and implement an integrated surveillance system along parts of the Jordanian border. Also, the contract requires Raytheon to provide training, maintenance and repair, as well as equipment.
Raytheon said it has performed cooperative threat reduction work for DTRA under a number of contracts. The CTR Integrating Contract (CTRIC II), awarded in April 2011, is a multiple award indefinite delivery, indefinite quantity contract, and the Jordan project is part of CTRIC II.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.