The U.S. Navy has given Raytheon, an RTX (NYSE: RTX) firm, a follow-on manufacturing order worth $590 million for the Next Generation Jammer Mid-Band (NGJ-MB) system. The Royal Australian Air Force (RAAF) and Raytheon are working together to develop and manufacture the NGJ-MB. The agreement covers non-recurring engineering help, spare parts, support tools, and the delivery of shipsets.
