According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $209, 027, 172 modification to a previously awarded firm-fixed-price contract (N00019-09-C-0007) to exercise an option for the procurement of 196 fiscal 2011 Tomahawk Block IV all up round missiles. The Tomahawk Block IV missile is capable of launch from surface ships equipped with the vertical launch system (VLS); submarines equipped with the capsule launch system (CLS); and submarines equipped with the torpedo tube launch system. This modification provides for the procurement of 132 VLS and 64 CLS missiles. The work will be performed in Tucson, Ariz. (32 percent); Walled Lake, Mich. (9 percent); Camden, Ark. (8 percent); Anniston, Ala. (5 percent); Glenrothes, Scotland (5 percent); Huntsville, Ala. (4 percent); Minneapolis, Minn. (4 percent); Midland Ontario, Canada (4 percent); Fort Wayne, Ind. (4 percent); Ontario, Calif. (3 percent); Spanish Fork, Utah (3 percent); El Segundo, Calif. (2 percent); Westminster, Colo. (2 percent); Vergennes, Vt. (2 percent); Middletown, Conn. (2 percent); Largo, Fla. (2 percent); Farmington, N.M. (0.2 percent); and various locations throughout the United States (8.8 percent). Work is expected to be completed in July 2013. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.”
Raytheon Books Large $200 Million Navy Deal
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