Raytheon (NYSE: RTN) has been awarded a $16.6 million contract to provide logistics services for target acquisition and defense missile systems operated by the U.S. Navy.
The company will support the military branch’s MK 57 NATO Sea Sparrow Surface Missile System and MK 23 Target Acquisition System weapons through February 2020, the Defense Department said Friday.
The MK 57 is designed to destroy hostile aircraft and airborne and surface missile platforms.
Work under the performance-based contract will occur in Norfolk, Virginia, and in Chula, California.
The Naval Supply Systems Command is the contracting activity and the military service is obligating approximately $4.3 million for the first delivery order.
