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Raytheon Miniature Air Launched Decoy Jammer begins production
TUCSON, Ariz., Nov. 29, 2011. The U.S. Air Force reached a Milestone C decision on Raytheon Company's (NYSE: RTN) Miniature Air Launched Decoy Jammer variant, authorizing Raytheon to begin Low Rate Initial Production of the system. The Air Force also exercised a contract option and awarded Raytheon $5 million to convert Lot 4 MALD® production of the baseline to the MALD-J variant.