According to the Department of Defense: “Raytheon (NYSE: RTN) is being awarded a cost-plus-award-fee modification with a total value of $182, 619, 337 under contract HQ0276-08-C-0001. Under this modification, Raytheon will continue systems engineering and development for Standard Missile-3. The work will be performed in Tucson, Ariz. The performance period for this work is from May 2010 through December 2010. Research, development, test and evaluation funding fiscal 2010 will be used to incrementally fund this effort in the amount of $56, 219, 559. The Missile Defense Agency is the contracting activity (HQ0276).
General Dynamics (NYSE: GD) was awarded on May 20 a $138, 997, 388 firm-fixed-price contract to support the Army, Air Force and Navy requirements for fiscal 2010 production for the HYDRA-70, 2.75-inch rocket system. Work is to be performed in Burlington, Vt., with an estimated completion date of Oct. 31, 2012. One sole-source bid was solicited with one bid received. U.S. Army Contracting Command, AMCOM Contracting Center, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-10-C-0190).”
