Raytheon Secures $1B Strategic Agreement for Aerojet Rocketdyne Propulsion Systems; Eugene Jaramillo, Eileen Drake Quoted

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Raytheon Company Missile Systems has secured a $1 billion, five-year strategic agreement to purchase propulsion systems from Aerojet Rocketdyne for Standard Missile products, the company announced"Moving to multi-year, rather than annual-year contracting enables Raytheon and its supply chain to....