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Navy Deals Come Ashore for Raytheon, Northrop Grumman

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded an $11, 308, 497 firm-fixed-price contract for the Improved Thermal Sight System (ITSS) spare parts in support of the Light Armored Vehicle (LAV) 25-A2 used by the Marine Corps in fulfilling its mission associated with Operation Iraqi Freedom and Operation Enduring Freedom. Work will be performed in McKinney, Texas, and the expected date of completion is December 2011.  Contract funds in the amount of $11, 308, 497 will expire at the end of the current fiscal year. This contract was a sole source solicitation. The Marine Corps Logistics Command, Albany, Ga., is the contracting activity (M67004-10-C-0017)

“Northrop Grumman (NYSE: NOC) is being awarded a $9, 350, 000 firm-fixed-price delivery order against a previously issued basic order agreement (N00019-10-G-0004) to provide integrated logistics services in support of four low-rate initial production E-2D aircraft to include provisioning technical data for aircraft and engines, as well as support equipment. Work will be performed in Bethpage, N.Y., and is expected to be completed in March 2013.  Contract will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.”

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