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Raytheon Inks Navy Deal

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $12,296,316 indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract for AIM-9X integrated logistics support for the Navy, Air Force, and the governments of Singapore, Australia, Denmark, Finland, Turkey, South Korea, Saudi Arabia, Switzerland and Poland.  Work will be performed in Tucson, Ariz., and is expected to be completed in March 2013.  Contract funds in the amount of $3,306,455 will expire at the end of the current fiscal year.  This contract was not competitively procured pursuant to FAR 6.301-1.  This contract combines purchases for the Navy ($4,661,108; 38 percent); Air Force ($4,945,270; 40 percent); and the governments of Singapore ($298,882; 2.43 percent), Australia ($298,882; 2.43 percent), Denmark ($298,882; 2.43 percent), Finland ($298,882; 2.43 percent), Turkey ($298,882; 2.43 percent), South Korea ($298,882; 2.43 percent), Saudi Arabia ($298,882; 2.43 percent), Switzerland ($298,882; 2.43 percent), and Poland ($298,882; 2.43 percent), under the Foreign Military Sales Program.  The Naval Air Systems Command, Patuxent River, Md., is the contracting activity (N00019-11-D-0004)”

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