Hello, Guest!
  • Thursday, April 18, 2024

Raytheon Wins Potential $77M Air Force GPS Positioning, Navigation and Timing Contract

The U.S. Air Force has awarded Raytheon‘s (NYSE: RTN) integrated defense systems, San Diego, Calif., a cost-plus-incentive-fee contract to design, develop, test and deliver a GPS-based positioning, navigation and timing service.

The contract has a $32, 162, 189 base period, which runs through June 2015. Its options could increase its cumulative value to an estimated $77, 130, 760 and extend work through June 2021.

Contract funds in the amount of $4, 562, 622 will expire at the end of the current fiscal year.

The service will support mission-critical and real-time positioning, navigation and timing data services for weapons, combat, navigation and other C4I systems.

Close to 90 percent of the work will be performed in San Diego, Calif, with the rest being done in Fairfax, Va.

Raytheon competitively procured the contract via the Commerce Business Daily’s Federal Business Opportunities website and the SPAWAR e-Commerce Central website. Four offers were received.

The Space and Naval Warfare Command, San Diego, Calif., is the contracting activity.

Video of the Day

Related Articles

Srini Dixit Appointed CAE Defense & Security CFO Executive Moves

Srini Dixit Appointed CAE Defense & Security CFO

Srini Dixit was named chief financial officer of CAE‘s defense and security business, joining the Arlington, Texas-located aviation services company from RTX‘s (NYSE: RTX) Raytheon subsidiary where he previously worked as vice president and CFO of its air power strategic business unit. He announced his appointment to the CAE Defense & Security executive leadership team

RTX Names Jeff Standerski as Mission 24 VP at Raytheon Executive Moves

RTX Names Jeff Standerski as Mission 24 VP at Raytheon

Jeff Standerski, an industry executive, has been appointed vice president for Mission 24 at RTX (NYSE: RTX) business Raytheon. He disclosed the move in a LinkedIn post published Monday. In this capacity, Standerski oversees transformation efforts at Raytheon with a focus on advancing program execution and business growth initiatives and improving operational productivity, according to

Michelle Styczynski-Hamblin Named Raytheon VP of APS Operations & Supply Chain Executive Moves

Michelle Styczynski-Hamblin Named Raytheon VP of APS Operations & Supply Chain

Michelle Styczynski-Hamblin, a two-decade veteran of RTX (NYSE: RTX) and its former iterations, has been named vice president of APS operations and supply chain at the company’s Raytheon business arm, according to a LinkedIn post published Friday. She most recently served as Raytheon’s VP of agile radar solutions responsible for overseeing life cycle development for