Raytheon Grabs $21 Million Missile Deal

Raytheon Co.‘s (NYSE: RTN) missile systems business has been awarded a $21,439,776 firm-fixed-price contract from the U.S. Army. The award includes 174 92H block 1 Stinger Missiles, 10 electronic component assemblies and spare parts for Egypt and Turkey. The U.S. Army Contracting Command, Redstone Arsenal, Ala., is the contracting activity. Work will be performed in Tucson, Ariz., with an estimated...

Raytheon $286M Standard Missile-3 Modification Increases Contract to $1.6B

The U.S. Missile Defense Agency has awarded Raytheon‘s (NYSE: RTN) missile systems business a $285.8 million contract modification, increasing the total contract value to $1,554,928,730. The company will manufacture an additional 23 Standard Missile-3 Block IA missiles. Work will be performed in Tucson, Ariz. The MDA, Dahlgren, Va., is the contracting activity.

Raytheon Wins $162M to Provide U.S. Navy Logistics Support; Will Support 6 Foreign Governments

The U.S. Navy has awarded Raytheon Co.‘s (NYSE: RTN) missile systems business a maximum $162,239,835 to provide performance-based logistics support for the Phalanx close-in-weapon system. Raytheon will also provide contract items to the U.K. and the governments of Bahrain, Japan, Poland, Australia and New Zealand. Work will be performed in Louisville, Ky., and is expected to be completed August...

Raytheon Wins $570M Air Force Contract for Missiles, Aircraft and Trainers

Raytheon Co.’s (NYSE: RTN) missile systems business has won a $569,021,288 firm-fixed-price U.S. Air Force contract modification  for missiles, vehicles and support services. The company will provide: 234 advanced medium range air-to-air missile air intercept missile-120D all-up-round missiles 101 AIM-120D captive air training missiles 203 AIM-120C7 Foreign Military Sales AURs Four AIM-120D...

Lockheed and Raytheon Win $475M Air Force Laser-Guided Bomb Contract

The U.S. Air Force has awarded Lockheed Martin Corp. (NYSE: LMT) and Raytheon‘s (NYSE: RTN) missile systems business a $475 million firm-fixed-price contract for laser-guided bomb seekers and tail kits. The companies will provide Paveway II computer control groups and GBU-12 air foil groups. The Ogden Air Logistics Center/GHGKA, Hill Air Force Base, Utah, is the contracting activity.

Raytheon Wins $182M Navy Award for Missile Rounds

The U.S. Navy has awarded Raytheon Missile Systems (NYSE: RTN), Tucson, Ariz., a $182,341,825 modification to a previously-awarded contract for low-rate initial production of fiscal 2011 Standard Missile 6  Block I all up rounds.  Raytheon will provide 59 SM-6 Block I AURs 35 SM-6 Block I AUR instrumentation kits SM-6 Block I spares and containers Design agent services Work is expected to be completed...

Raytheon Acquires Directed Energy Assets of Ktech Corporation; Lawrence Comments

Raytheon (NYSE: RTN) has acquired key business assets of Ktech Corporation for an undisclosed amount. The deal is not expected to materially impact Raytheon’s 2011 sales or earnings. The non-kinetic assets, which do not cause effects through explosion or physical momentum, will become part of Raytheon’s Missile Systems business. Raytheon said Ktech’s compact pulsed power systems and high-efficiency...

Raytheon Wins $44M Modification to Flight Test Support Contract

The U.S. Navy has awarded Raytheon Missile Systems (NYSE: RTN), Tucson Ariz., a $44,007,792 modification to a cost-plus-fixed-fee contract for the development, integration, and flight test support for the AIM-9X System Improvement Program. The contract is 70 percent Navy and Air Force purchases. Purchases by Saudi Arabia, the United Arab Emirates; Singapore; Korea,and Turkey under the Foreign Military...

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