Raytheon wins Defense Dept. contract modification

Associated Press

TEWKSBURY, Mass. (AP) -- Raytheon Co. said Friday that the Defense Department awarded it a contract modification worth $207.9 million.

That total value of the contract for specialty radar and associated parts for the Missile Defense Agency in Huntsville, Ala., is $571.9 million. The work is done at facilities in Woburn, Mass.

Shares of Raytheon, headquartered in Waltham, Mass., fell 2 cents to close at $57.49.