$88 million goes to Raytheon for WAAS

The FAA has announced it will exercise its option to retain Raytheon Corp. for follow-on services related to the Wide Area Augemntation System (WAAS). As this award announcement lays out, the company will be paid $88 million for hardware and software upgrades, and additional engineering support meant to specifically improve so-called LPV-200 service (Localizer Performance with Vertical Guidance).