Work on the new contract is expected to begin in October, though Raytheon has supported JPL since the 1960s, when the company developed the Mars Infrared Radiometer for the Mariner missions.
The company currently manages the lab's data systems, testing and developing software and providing on-call technical support during critical events like Mars rover landings.
Dave Wajsgras, president of Raytheon Intelligence, Information and Services (IIS), said, "JPL's pioneering spacecraft and rovers have led to groundbreaking discoveries of our solar system and beyond. This is an incredible opportunity to continue enabling the future of space exploration."
As part of the new contract, Raytheon will also be supporting a number of classified missions.
"For the past 20 years, we've worked side-by-side with JPL's engineers and scientists. Helping JPL explore the mysteries of our universe is something most of our team literally dreamed about when they were kids," said Todd Probert, vice president of Raytheon IIS.
In addition to supporting JPL, Raytheon IIS manages a large portfolio of space programs for the US government, including the Neutral Buoyancy Lab, a 6.2 million gallon instrumented pool at NASA Johnson Space Center where astronauts learn to work in space and train on a submerged full-size mock-up of the International Space Station.
The company manages NASA's earth science data network – which makes critical climate data available to researchers – and developed and sustains the Joint Polar Satellite System ground station, which tracks storms.
Raytheon IIS also operates the US' two primary space launch facilities.
Raytheon, with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specialising in defense, civil government and cyber security solutions.
With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects and mission support for customers in more than 80 countries.
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