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Is Raven Industries, Inc. (RAVN) A Buy After Landing Defense Contract?

2015-06-23 16:54:07| Industrial Machines - Topix.net

As the news about this contract broke, Raven Industries, Inc. 's stock rallied, gaining $2.14 per share for the day. According to its firm-fixed price contract with the Naval Air Warfare Center Aircraft Division Lakehurst in New Jersey, the company will supply Exportable Persistent Ground Surveillance Systems and equipment, and give needed technical support for the system.

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