By Chris Wack
Raytheon Technologies Corp. said its Raytheon Intelligence & Space business will expand the deployment of checked baggage screening equipment to all federally managed airports nationwide under a five-year, $318 million contract with the Transportation Security Administration.
The company said Raytheon Intelligence & Space was previously responsible for installing new and upgrading existing checked baggage screening equipment in 155 airports in the central U.S. region.
Under the new contract, the scope will expand to all federal airports across the country.
Raytheon Intelligence & Space has installed, upgraded or decommissioned over 1,700 pieces of TSA security equipment in the past six years.
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(END) Dow Jones Newswires