According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $17, 731, 000 fixed-price incentive-fee modification to previously awarded contract (N00024-09-C-5305) for incorporation of pre-production materials and support for SM-6 Block I fiscal 2011 all up rounds production. Work will be performed in Tucson, Ariz., and is expected to be completed by June 2013. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity.”
Science Applications International Corp. (NYSE: SAIC) has been awarded a potential $40M blanket purchase agreement for operational test and evaluation services to the Transportation Security Administration, according to an award notice posted Thursday.
Air Force Selects Boeing, Lockheed, Raytheon Technologies for Hypersonic Cruise Missile Tech Design Program
The U.S. Air Force has indicated its intent to solicit design proposals from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) for a hypersonic cruise missile technology that can be launched from a fighter or a bomber aircraft.